Having a Large Item Pool Available During Test Revision Is

question 10

Multiple Choice

Having a large item pool available during test revision is

• A) a disadvantage due to the great expense of item development.
• B) often a waste of time because many of the items are eventually deleted.
• C) an advantage because poor items can be deleted in favor of the good items.
• D) a great perk for test developers who are swimming enthusiasts.

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Definitions:

CAPM

Stands for Capital Asset Pricing Model, a formula used to determine the expected return on an investment based on its risk relative to the market.

Multifactor Model

An investment model that evaluates securities by considering multiple economic factors to predict their risk and return.

Security Returns

The profit or loss generated on an investment over a particular period, typically expressed as a percentage.

Risk-Adjusted Returns

Investment returns which have been modified to account for the risk involved, providing a more accurate measure of performance.