The Approach to Test Construction in Which the Item Characteristic

question 60

Multiple Choice

The approach to test construction in which the item characteristic curve for each individual item is analyzed is called

• A)prophecy theory.
• B)classical test theory.
• C)item response theory.
• D)item analysis theory.

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Definitions:

Income Yield

The return on an investment in terms of the income generated, expressed as a percentage of the investment's cost.

Total Return

The overall gain or loss on an investment over a particular period, including dividends, interest, and capital gains.

Rate of Return

The net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Percent Decline

A measurement of the decrease in the value or price of an asset or investment, expressed as a percentage.