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The average variance extracted has often been used to assess discriminant validity based on the following "rule of thumb": the positive square root of the AVE for each of the latent variables should be higher than the highest correlation with any other latent variable. If that is the case, discriminant validity is established at the construct ...
Average of chords. In ordinary language, an average is a single number or value that best represents a set of data. The type of average taken as most typically representative of a list of numbers is the arithmetic mean – the sum of the numbers divided by how many numbers are in the list. For example, the mean or average of the numbers 2, 3, 4 ...
The name of this formula stems from the fact that is the twentieth formula discussed in Kuder and Richardson's seminal paper on test reliability. [1] It is a special case of Cronbach's α, computed for dichotomous scores. [2] [3] It is often claimed that a high KR-20 coefficient (e.g., > 0.90) indicates a homogeneous test. However, like ...
If the firm is a perfect competitor in all input markets, and thus the per-unit prices of all its inputs are unaffected by how much of the inputs the firm purchases, then it can be shown [1] [2] [3] that at a particular level of output, the firm has economies of scale (i.e., is operating in a downward sloping region of the long-run average cost ...
This is a function of the squared elements of the `image' matrix compared to the squares of the original correlations. The overall MSA as well as estimates for each item are found. The index is known as the Kaiser–Meyer–Olkin (KMO) index.
Average fixed cost is the fixed cost per unit of output. As the total number of units of the good produced increases, the average fixed cost decreases because the same amount of fixed costs is being spread over a larger number of units of output. Average variable cost plus average fixed cost equals average total cost:
Krippendorff's alpha coefficient, [1] named after academic Klaus Krippendorff, is a statistical measure of the agreement achieved when coding a set of units of analysis.. Since the 1970s, alpha has been used in content analysis where textual units are categorized by trained readers, in counseling and survey research where experts code open-ended interview data into analyzable terms, in ...
The Holliday-Segar formula is a formula to help approximate water and caloric loss (and therefore the water requirements) using a patient's body weight. [1] Primarily aimed at pediatric patients, the Holliday-Segar formula is the most commonly used estimate of daily caloric requirements. [ 2 ]