Factor Analysis Can Help the Test Developer

question 104

Multiple Choice

Factor analysis can help the test developer

• A) to eliminate or revise items that do not load on the predicted factor.
• B) to identify whether test items appear to be measuring the same construct.
• C) Both to eliminate or revise items that do not load on the predicted factor and to identify whether test items appear to be measuring the same construct.
• D) None of these

Understand the concept of barriers to entry and its impact on market structures.

Assess the role of public ownership and regulation in controlling monopoly power and protecting welfare.

Analyze the reasons why governments may choose not to intervene in monopoly markets.

Distinguish between the short-run and long-run behaviors of monopolies compared to competitive firms.

---

Definitions:

Young-Helmholtz Theory

A theory of color vision that proposes the presence of three types of color receptors in the eye, each sensitive to red, green, or blue light.

Red-Sensitive

Red-sensitive refers to the capacity of certain cells in the retina, called cones, that are especially responsive to red light, playing a key role in color vision.

Green-Sensitive

Pertains to the ability of certain sensors or cells, especially in the eye, to primarily respond to green light.

Parallel Processing

The ability of the brain to simultaneously process incoming stimuli of differing quality, a fundamental mechanism behind many aspects of perception.