What Are Three Advantages and Three Disadvantages of Using Norm-Referenced

question 11

Essay

What are three advantages and three disadvantages of using norm-referenced tests like the Test of Written Spelling.What are the advantages and disadvantages of using curriculum-based assessment such as error analysis? Name three advantages and disadvantages of each.Which type of assessment would you prefer to use in your classroom? Why?

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Definitions:

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Cash Payback Period

The length of time required for an investment to generate cash flows sufficient to recover the initial outlay.

Present Value Factors

The numerical values used to calculate the present value of future cash flows, based on a specific discount rate.

Desired Rate of Return

The minimum rate of return on an investment that an investor considers acceptable, given its risk and alternative options.