Ms Allan Developed a Test Intended to Measure Eighth-Grade Children's

question 39

Multiple Choice

Ms. Allan developed a test intended to measure eighth-grade children's knowledge of mathematics. Although children who took the new test twice received similar scores on both occasions, the test contained only multiplication problems. Ms. Allan's test has __________ reliability and __________ validity.

• A) high; low
• B) low; low
• C) high; high
• D) low; high

---

Definitions:

Preemptive Rights

The rights that allow existing shareholders to purchase new shares in a company before the company offers them to the public, to maintain their proportionate ownership.

Standby Underwriting

An arrangement in which an underwriter agrees to buy any unsold shares after a public offering, ensuring the issuer sells all shares but only if necessary.

Common Shares

Type of equity security that represents ownership in a corporation, providing voting rights and entitling the holder to a share of the company’s success through dividends and/or capital appreciation.

Federal Statutes

Laws enacted by the United States Congress that apply nationally.