An Assumption Inherent in Classical Test Theory (CTT)is That

question 50

Multiple Choice

An assumption inherent in classical test theory (CTT) is that

• A) each test-taker has a true score that would have been obtained if not for measurement error.
• B) testtakers can be ranked according to the level of the trait or ability that they exhibit in much the same way that rankings can be made by height.
• C) measurement can be perfectly accurate if the measuring tool is well-constructed.
• D) All of these

Recognize the influence of cognitive biases in everyday situations.

Explain the concept of belief perseverance and methods to reduce its effects.

Identify strategies for overcoming fixation and enhancing creativity in problem-solving.

Understand the role of intuitive thinking in decision-making processes.

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Definitions:

Bonuses

Additional compensation given to employees as a reward for their performance or for meeting certain objectives.

Cost Reduction

Cost reduction involves strategies and actions taken to decrease expenses and improve efficiency in a business or operation, enhancing overall profitability.

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Entities or groups operating within Canada, bounded by its legal, cultural, or geographic context.

Merit Pay Plans

Compensation strategies that reward employees based on their performance, skills, or achievements, rather than seniority or job title alone.