When a Test Is Given to a Large Group of Individuals

question 148

Multiple Choice

When a test is given to a large group of individuals varying in age,sex,background,and so on to form a basis for interpreting an individual's score,the group is referred to as the _______ sample.

• A) standardization
• B) validity
• C) affirmative
• D) normative

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Definitions:

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding deductions of interest and taxes.

Gross Margin

The difference between revenue and cost of goods sold, used to cover other expenses and profits.

Sales

The total amount of goods or services sold by a company within a specific period.

Residual Income

Earnings that exceed the minimum required return on an investment or project.