As a Second-Grade Teacher,you Receive the Standardized Achievement Test Scores

question 11

Multiple Choice

As a second-grade teacher,you receive the standardized achievement test scores for Molly and discover that she has gotten a grade-equivalent score of 4 on the reading subtest. You should conclude that Molly:

• A)Had slightly below-average performance on the subtest.
• B)Exhibited performance in the "gifted" range on the subtest.
• C)Performed as well as the average fourth grader on the subtest.
• D)Answered 40% of the questions on the subtest correctly.

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Definitions:

Return on Equity

A financial ratio that measures the ability of a firm to generate profits from its shareholders' equity.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Shareholders' Equity

The residual interest in the assets of a company after deducting its liabilities; also referred to as stockholders' equity.

SML Approach

A method based on the Security Market Line, part of the Capital Asset Pricing Model, used to evaluate the expected return of an investment relative to its risk.