Binet's Two Major Principles of Test Construction Were

question 78

Multiple Choice

Binet's two major principles of test construction were

• A)general mental ability and age differentiation.
• B)reliability and validity.
• C)norms and standardization.
• D)age differentiation and age scale.

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Definitions:

Individual Profits

The net earnings obtained by a person after subtracting all relevant expenses from their revenue.

Cartel

An association of manufacturers or suppliers created to maintain high prices and restrict competition.

Strategic Interactions

Actions taken by entities in which each one's success depends not only on their own actions but also on the actions of others.

Oligopoly

A market structure characterized by a small number of firms controlling a large majority of market share, often leading to limited competition and higher prices for consumers.