The Majority of Responses in a Survey of Retired Individuals

question 130

Multiple Choice

The majority of responses in a survey of retired individuals indicated that if they could make changes in their lives, people would:

• A) get more education and worry about work less.
• B) work more and worry about education less.
• C) get more education and be more dedicated in their choice of work.
• D) get more education.

Understand the purpose and types of fees associated with mutual funds.

Determine the share count of a mutual fund based on its NAV and net assets.

Identify factors that influence the net asset value of mutual fund shares.

Understand the advantages and characteristics of mutual funds and Exchange Traded Funds (ETFs).

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Definitions:

Content Validity

The extent to which a test measures all aspects of the concept or construct it intends to assess.

Psychological Test

A standardized measure of a sample of a person's behavior or mental processes, used to assess psychological constructs.

Personality Trait

Enduring characteristics or tendencies that influence an individual's behavior across different situations.

Reliability

The consistency of a measure, indicating the extent to which the same results can be obtained under similar conditions over time.