When a Test Makes Systematic Errors in Measuring a Specific

question 14

Multiple Choice

When a test makes systematic errors in measuring a specific characteristic or attribute

• A) bias in measurement exists
• B) bias in prediction exists
• C) fairness is the major issue
• D) both bias in measurement and fairness are issues

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Definitions:

Corporate Strategy

The overall plan or direction that a company adopts in order to achieve its long-term goals and objectives.

Competitive Strategy

A plan to achieve a competitive advantage in the market, often by distinguishing one's products or services from those of competitors.

Industries and Markets

Sectors of the economy and the competitive environments in which businesses operate.

Restructuring Strategy

A corporate management term referring to the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.