Interpretation of Scores in Relation to Some Absolute Standard of Performance

question 51

Multiple Choice

Interpretation of scores in relation to some absolute standard of performance rather than in relation to performance of a norm group is called _______ interpretation.

• A) standard-referenced
• B) interpretive-referenced
• C) externally-referenced
• D) criterion-referenced

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Definitions:

Retirement Fund

A Retirement Fund is a pool of funds contributed by employees, employers, or both for the future financial security of retirees.

Withdrawals

The act of taking money out of an account which can affect the account balance and interest calculations.

Monthly Payments

Regular payments made every month, commonly associated with loans, mortgages, or subscription services.

Loan

A sum of money that is borrowed, typically from a financial institution, which is expected to be paid back with interest.