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In order to evaluate a graduate program in psychology, a decision is made to compare the scores of the recent graduates on the national licensure exam to scores nationally. The internal consistency reliability of the test = .84. The program therefore follows up with their students and finds 24 students who have taken the exam in its most recent form. The scores of the students in the program are as follows:
Given information:
Mean = 144; Median = 142; Mode = 142; Range = 50
-If a decision was made to use NCE type scores, what score would the individual who obtained a raw score of 142 receive?
Flexible Budget
A budget that adjusts or varies with changes in the volume of activity, revenue, or other factors influencing budgeting.
Static Budget
A financial plan that does not change or adjust over the period, regardless of any changes in business activity levels.
Flexible Budget
A budget that adjusts to changes in activity or production levels, allowing for more accurate budgeting.
Actual Results
The actual outcomes or figures achieved by a business, contrasting with forecasts or budgeted amounts.
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