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One of the most widely used methods for equating multiple parallel forms of a test is to incorporate a common set of anchor items in all its operational forms. Under appropriate assumptions it is possible to derive a linear equation for converting raw scores from one operational form to the others. The present note points out that the single most important determinant of the efficiency of the equating process is the magnitude of the correlation between the anchor test and the unique components of each form. It is suggested to use some monotonic function of this correlation as a measure of the equating efficiency, and a simple model relating the relative length of the anchor test and the test reliability to this measure of efficiency is presented.
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