The Utility of Any Test Generally ________ as the Selection

question 76

Multiple Choice

The utility of any test generally ________ as the selection ratio gets lower.

• A)increases
• B)decreases
• C)remains the same
• D)becomes zero
• E)becomes negative

---

Definitions:

Information

Pertains to data, knowledge, or facts that are acquired through experience, observation, or instruction, which can influence economic decisions.

Fully Insure

To obtain insurance coverage that provides complete protection against all potential risks or losses.

Insurance

A financial product sold by insurance companies to safeguard against risk and unforeseen losses.

Economic Forecasts

Predictions about future economic activity, including trends in GDP, inflation, employment, and sales.