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Which One of the Following Test Formats Has Little Face

question 14

Multiple Choice

Which one of the following test formats has little face validity, that is, no apparent connection with the stated purpose of the test?


Definitions:

Standard Deviation

In finance, it measures the investment's volatility or risk by determining how much the returns on the investment can deviate from the average return.

Risk-Free Return

The theoretical return on an investment with zero risk, often represented by the yield on government securities.

Managed Portfolio

An investment portfolio that's actively managed by a professional, aiming to achieve specified investment goals.

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