A Test Developer of Multiple-Choice Ability Tests Reviews Data from a Recent

question 142

Multiple Choice

A test developer of multiple-choice ability tests reviews data from a recent test administration.She discovers that testtakers who scored very high on the test as a whole,all responded to item 13 with the same incorrect choice.Accordingly,the test developer

• A) assumes that members of the high-scoring group are making some sort of unintended interpretation of item 13.
• B) plans to interview members of the high-scoring group to understand the basis for their choice.
• C) Both assumes that members of the high-scoring group are making some sort of unintended interpretation of item 13 and plans to interview members of the high-scoring group to understand the basis for their choice.
• D) should remove item 13 from the test and place in its stead a note that reads: "Go to Item 14."

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Definitions:

Net Income

The amount of profit left after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.

Dividend Payout Ratio

The dividend payout ratio is the fraction of net income a firm pays to its stockholders in dividends, expressed as a percentage, showing the percentage of earnings distributed as dividends.

Market Price

This represents the price at which a commodity, security, or other financial instrument is traded on the open market and can be purchased or sold.

Common Stock

Signifies holding stakes in a corporation, which provides owners with the right to vote and a portion of the company's earnings via dividends.