The Proportion of Responses That Are Expected to Be Correct

question 31

Multiple Choice

The proportion of responses that are expected to be correct for each level of ability can be represented by

• A)an item characteristic curve.
• B)a discrimination index.
• C)a test characteristic curve.
• D)the optimum difficulty.

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Definitions:

Revenue Curves

Graphs that show how revenue changes as the quantity sold of a product or service changes.

Profit-Maximizing

A strategy focused on increasing a firm's earnings to its highest possible level.

Unregulated

Describes activities or sectors not controlled or governed by rules set by authorities or regulatory bodies.

Profit-Maximizing

A strategy in business where a firm seeks to achieve the highest possible profit.