In Order to Evaluate a Graduate Program in Psychology, a Decision

question 39

Short Answer

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
-A graduate psychology student has a 3.65 GPA, where the psychology program's mean is 3.6 and SD is .1. Faculty have found a .60 correlation between students' GPA and their national licensure exam publisher score (M = 150, SD = 20). Knowing our students GPA, we could predict her score to fall in what range on the national licensure exam 68 percent of the time?

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Definitions:

Treasury Bill Rate

The Treasury bill rate is the yield or return on investment for U.S. government debt securities known as Treasury bills, which have short-term maturities.

Cost of Equity

The return a company needs to generate to compensate its equity investors, often calculated using models like the Capital Asset Pricing Model (CAPM).

Financing

The process of providing or obtaining funds for business activities, making purchases, or investing.

Initial Cost

The original expenditure for purchasing an asset or starting a project, excluding maintenance or operating costs.