In Ipsative Scoring,a Testtaker's Scores Are Compared to

question 18

Multiple Choice

In ipsative scoring,a testtaker's scores are compared to

• A) the scores of other testtakers from the same geographic area who are similar with regard to key demographic variables.
• B) his or her other scores on the same test.
• C) the scores of other testtakers from past years who have taken the same test under the same or similar conditions.
• D) his or her other scores on a parallel form of the same test.

---

Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period, used in capital budgeting to assess the profitability of an investment.

Simple Rate

A basic form of interest calculation representing a percentage of the principal amount over a certain period of time.

Payback Period

The payback period is the duration of time it takes to recover the cost of an investment. This metric is commonly used to assess the feasibility or profitability of a project.

Straight-Line Method

A method of calculating depreciation or amortization that allocates evenly the cost of an asset over its useful life.