An Anchor Protocol Is

question 90

Multiple Choice

An anchor protocol is

• A) a previously developed test with known validity that can be used as a comparison for newly developed tests.
• B) a statistical procedure in which weights are assigned to each item of a model test to maximize predictive validity.
• C) a list of guidelines for a standardized test used to ensure that all testtakers are similar in key ways to the population of the original standardization sample.
• D) a model for scoring and a mechanism for resolving scoring discrepancies.

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Definitions:

Selling Price

The cost at which a service or item is made available for purchase by buyers.

Cost Behavior

Refers to how the total costs of production change when there is a change in the level of output.

Activity Analysis

The process of breaking down and examining activities within a process or system to improve efficiency and productivity.

Unit Fixed Costs

The consistent expenses incurred by a company for each unit produced that do not change with the volume of production.