When Items Have a Very Low or Very High P

question 10

Multiple Choice

When items have a very low or very high p value, test developers ______.

• A) accept them as good items
• B) know that they contribute to the variability of the test scores
• C) rewrite or discard the items
• D) have evidence that the item is valid

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Definitions:

Inventory Turnover

Inventory Turnover is a measure of how often a company sells and replaces its stock of goods within a certain period, indicating efficiency in managing inventory.

Cash Cycle

Cash Cycle, also known as the cash conversion cycle, measures the time it takes a company to convert resource inputs into cash flows.

Inventory Turnover

A metric that measures the efficiency of a company in managing its stock of goods through the calculation of the cost of goods sold divided by average inventory.

Accounts Receivable Period

The average number of days it takes for a company to collect payment from its credit sales.