An ADVANTAGE of Applying Item Response Theory (IRT)in Test Development

question 146

Multiple Choice

An ADVANTAGE of applying item response theory (IRT) in test development is that

• A) the principles underlying IRT make its application easy and appealing.
• B) sample sizes used to test the utility of test items can be relatively small.
• C) assumptions underlying IRT usage are weak.
• D) item statistics are independent of the samples administered the test.

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Definitions:

Direct Labor Hour

The actual time spent by workers directly producing a product or providing a service.

Actual Overhead

The actual amount of indirect costs associated with production, including utilities, maintenance, and factory overhead, incurred during a specific period.

Labor Rate Variance

A measure of the difference between the actual cost of labor and the budgeted or standard cost.

Direct Labor

Direct labor costs are the wages and benefits paid to employees who are directly involved in producing goods or providing services.