Cronbach's alpha is a measure of the internal consistency or reliability of a psychometric test score for a sample of examinees. It is used to assess how closely related a set of items are as a group. A Cronbach's alpha value of 0.7 or higher indicates good internal consistency among the items in the scale. The document discusses how Cronbach's alpha relates to the variance between individual test questions and the total test score variance, with higher alpha values indicating questions are effectively measuring the intended construct.