Which Kind of Norms Are Appropriate for Aptitude Tests

question 28

Multiple Choice

Which kind of norms are appropriate for aptitude tests?

• A) age norms
• B) grade norms
• C) both age and grade norms
• D) neither age nor grade norms

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Definitions:

Marketable Securities

Financial instruments that can be quickly converted into cash at market value, such as stocks, bonds, and Treasury bills.

Daily Interest Rate

The interest rate applied to a loan or investment for a single day, often used for calculating interest over short periods.

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer.