Both arrows show where to get to create a new test.
When you get into the "Edit Test" page, you will want to turn this button "on".
This window will appear after the toggle button has been turned on. It is not necessary to complete this at that time. If you choose any options in this window, those options can be changed at a later time.
The title is the only part required. The course type and grade level will help when searching for this test again.