Here's a thread discussing the same question
http://community.boredofstudies.org/263/space/271713/validity.html
It seems that it's a contentious issue haha!
Here's what I think, but that could be 100% wrong
would take it with a grain of salt haha:
A valid experiment is one that fairly tests the hypothesis, ensuring that there are no conceptual errors.
Now, if you look at what fizzy_cyst said in that link,
"Does the experiment measure what it is intended to measure?" (from syllabus anyways)
You could come up with either:
i) No it it does not measure what is intended, as the principle upon which the experiment is based (aether being absolute frame of reference; light being relative) is flawed and therefore you would not be measuring what is intended. Hence it is invalid.
ii) Yes it measure
d what was intended, as the idea of luminiferous aether (with one of the features being that it was stationary; i.e. absolute frame of reference) was widely accepted. Since it was the idea of an aether wind that was the basis of the experiment, it would be considered valid, when using 1887 physics knowledge.
I suppose it comes down to the marker's frame of reference, huh.
Hopefully they wouldn't ask that in an exam, though.
I'm keen for someone more knowledgeable to answer this, though.