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Using multiple versions of exams is a common exam security technique to prevent cheating in a variety of contexts. While psycho-metric techniques are routinely used by large high-stakes testing companies to ensure equivalence between exam versions, such approaches are generally cost and effort prohibitive for individual classrooms. As such, exam versions practically present a tension between exam security (which is enhanced by the versioning) and fairness (which results from difficulty variation between versions).
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Emeka et al. (2020) studied this question.
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