Plausible values can be used to either estimate population-level statistics or compute point estimates of latent variables. While it is well known that five plausible values are usually sufficient for accurate estimation of population-level statistics in large-scale surveys, the minimum number of plausible values needed to obtain accurate latent…

This article is concerned with developing a measure of general academic ability (GAA) for high school graduates who apply to colleges, as well as with the identification of optimal weights of the GAA indicators in a linear combination that yields a composite score with maximal reliability and maximal predictive validity, employing the framework of…