When a Test Contains Items That Seem Odd or Unrelated

question 39

Multiple Choice

When a test contains items that seem odd or unrelated to the construct being measured, it is likely that it has been constructed using the

• A) analytic approach.
• B) empirical approach.
• C) psychometric approach.
• D) random question approach.

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Definitions:

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied once per year.

Ordinary General Annuity

An annuity in which payments are made at the end of each period, such as a year, month, or quarter.

Future Value

The value of an investment at a specific date in the future, considering factors such as interest rates and compounding.

Accurate To The Cent

Describing a level of precision in financial calculations where figures are exact to the smallest denomination of currency, usually a cent.