Use the Following Information to Answer the Question(s)below

question 23

Multiple Choice

Use the following information to answer the question(s) below.
-Wyatt Oil's average historical return is closest to:

• A)-2.50%.
• B)-3.33%.
• C)-4.33%.
• D)-5.17%.

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Definitions:

Background Knowledge

The information that is already known by an individual, which helps in understanding new information.

Predictive Validity

An assessment of whether a test measures what it’s intended to measure, based on whether the test score correlates with another relevant criterion measured later.

Validity

The extent to which a method or procedure measures what it is supposed to measure.

Psychometric View

An approach in psychology that focuses on the measurement of mental functions, intelligence, abilities, and attitudes through the use of tests and questionnaires.