A Test Would Be Considered Most Useful When Its Reliability

question 49

Multiple Choice

A test would be considered most useful when its reliability is

• A)less than .10
• B)less than .40
• C)greater than .60
• D)greater than .90

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Definitions:

Dividend Income

Income received by shareholders from the profits distributed by a company, usually in the form of cash payments.

Net Loss

The amount by which expenses exceed revenues.

Net Income

The amount of money remaining after all operating expenses, taxes, and dividends have been subtracted from total revenue.

Fair Value

An estimate of the price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.