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You Have Been Asked to Review a Set of Test

question 36

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You have been asked to review a set of test items that are being considered for a standardized intelligence test.The test constructors want to eliminate all items that contain any possible culture bias.With this task in mind,which of the following questions would you eliminate first?


Definitions:

Expense Ratio

A measure depicting the percentage of a fund's assets that are used for administrative and other operating expenses, directly affecting investors' returns.

Mutual Fund

An investment company pooling and managing funds of investors.

Significant Leverage

Utilization of borrowed money or financial instruments to increase the potential return of an investment.

Hedge Funds

Investment funds that use advanced strategies, including leverage, derivatives, and short selling, aiming for high returns.

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