A Test Is Said to Be Reliable If __________

question 18

Multiple Choice

A test is said to be reliable if __________.

• A) a person's score on a test is pretty much the same every time he or she takes it
• B) it contains an adequate sample of the skills it is supposed to measure
• C) its results agree with a more direct measure of what the test is designed to predict
• D) it is culturally fair

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Definitions:

Value Line Index

An index that represents the performance of approximately 1,700 stocks in the Value Line Arithmetic and Geometric averages.

Equally-Weighted

An equally-weighted index strategy involves assigning each asset in a portfolio or index the same relative weight, contrasting with market-cap-weighted indexes where larger companies carry more weight.

Reward to Volatility

A measure of the return an investment provides relative to its volatility, used in evaluating the performance of an investment's risk.

Portfolio Excess

Refers to the amount by which the return of a portfolio exceeds the return of a benchmark or risk-free rate.