When a Test Is Translated from One Language in One

question 136

Multiple Choice

When a test is translated from one language in one culture to another language in another culture,______ can help ensure that the original test and the translated test are reasonably equivalent and tapping the same construct.

• A) a translator
• B) IRT
• C) bi-lingual people who are experts on the two cultures
• D) All of these

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Definitions:

Margin Loan

A loan given by a broker to an investor to purchase securities, where the securities act as collateral for the loan.

Round Lots

Standardized number of units of a financial instrument, usually 100 shares for stocks.

Per Share

A financial metric that represents some quantity divided by the total number of outstanding shares of a company, often used in financial ratios.

First-day Returns

The percentage change in price of a stock or other security from its offering price on its first day of public trading.