On a Given Test Item, 75% of the Students Answered

question 29

Multiple Choice

On a given test item, 75% of the students answered correctly, 20% answered incorrectly, and 5% did not answer the item. This item's p-value is -

• A) .05
• B) .20
• C) .25
• D) .75

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Definitions:

Industrial Average

A stock market index that measures the performance of a sector of the economy, typically composed of leading companies in that sector.

Price-Weighted

Refers to a stock market index in which each company's stock influences the index in proportion to its price per share.

Money Market

A segment of the financial market in which short-term financial instruments, such as Treasury bills and commercial paper, are traded.

Treasury Bond

Long-term, fixed-interest U.S. government debt security with a maturity of more than 10 years.