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Exhibit 9-2: An achievement test for advanced math was developed for high school students.In the process of preparing the test, a number of steps were carried out.Choose the option that most directly relates to each of the following steps.
-Refer to Exhibit 9-2.For 5,000 cases, two forms of the test were given and scores on Form A were correlated with scores on Form B.This step is concerned with
Price-Fixing Agreement
An illegal arrangement between businesses to set prices at a certain level, typically above market equilibrium, to maximize profits.
Secretly Increasing Sales
The strategy of covertly enhancing a company's sales numbers, possibly through non-transparent marketing tactics or undisclosed discounts.
Collusion
A non-competitive secret or illegal agreement between rivals that attempts to disrupt the market's equilibrium by influencing the market mechanism such as price or output of goods and services.
Economic Recession
A period of significant decline in total output, income, employment, and trade in an economy, usually lasting from six months to a year.
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