Suppose Old People on Average Get a Lower Score on Some

question 86

Multiple Choice

Suppose old people on average get a lower score on some test than other people do.What can we conclude about test bias,or what additional information would we need?

• A)We can conclude that the test is biased against old people.
• B)We can conclude that the test is not biased against old people.
• C)Before drawing a conclusion, we need to know how many old people answered more than half the questions correctly.
• D)Before drawing a conclusion, we need to know whether the test scores accurately predict the performance of old people.

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Definitions:

Subchapter S Corporation

A form of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

Elect

To choose or decide on a particular option or choice, commonly referring to making tax-related selections on a return.

Net Capital Loss

It's the loss incurred when the total capital losses from investments exceed the total capital gains for a year.

Capital Loss Carryforward

A tax provision that allows investors to use a net capital loss in one year to offset future capital gains for tax purposes.