A Standardized Achievement Test Is Best Used for Which of the Following

question 5

Multiple Choice

A standardized achievement test is best used for which of the following purposes?

• A)assigning grades
• B)comparing achievement in several schools
• C)evaluating a school's objectives
• D)tabulating the achievements of each student in a classroom

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Definitions:

Investment

The allocation of resources, such as capital, time, or effort, in hope of generating a gain or profit in the future.

Fat Tails

Refers to the occurrences of extreme movements in stock prices or higher than normal risks in investments, which lead to heavy tails in a probability distribution.

Kurtosis

Measure of the fatness of the tails of a probability distribution. Indicates probability of observing extreme high or low values.

Skewness

A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.