Which of the following is a characteristic of reliability?
A) It influences economic decisions.
B) It represents faithfully what it purports to represent.
C) It provides predictive value and feedback to confirm or correct earlier expectations.
D) None of the given options are correct.

Question

Quizplus · Accepted Answer

Reliability refers to the ability of a measurement to represent accurately and consistently what it intends to measure. Therefore, option B is the correct answer as it states that reliability represents faithfully what it purports to represent. Option A is incorrect as reliability doesn't necessarily influence economic decisions. Option C is partially correct as reliability provides feedback to confirm or correct earlier expectations, but predictive value is a characteristic of relevance, not reliability. Option D is incorrect as there is at least one correct option (B).

Which of the Following Is a Characteristic of Reliability