Examlex
Which of the following is true of biased test items?
Utility Function
A mathematical representation that ranks an individual's preferences over a set of goods or outcomes.
Equivalent Variation
A measure in economics that calculates the change in income required to reach the utility level before a price change, keeping the new prices constant.
Earrings
Are jewelry or ornaments worn attached to the earlobes or through holes pierced in the ears, available in various designs and materials.
Utility Function
An economic model representing the preferences of an individual or entity over a set of goods or services, quantifying satisfaction or utility derived from consumption.
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