Interpreting Assessment Results by Comparing a Student's Levels of Performance

question 2

Multiple Choice

Interpreting assessment results by comparing a student's levels of performance on a particular instrument to those of his/her peer norm group is known as

• A)interindividual interpretations
• B)intra-individual interpretations
• C)comparison interpretations
• D)performance interpretations

---

Definitions:

Economic Profit

The difference between total revenues and total costs, including both explicit and implicit costs.

Allocation of Resources

The process of distributing scarce resources among different uses and users.

Resource Use

The manner in which natural resources are exploited and utilized to meet human needs or economic applications.

Economic Profit

The difference between the total revenue generated by a business and the total costs, both explicit and implicit, including opportunity costs.