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As mentioned in your text, one purpose of nonverbal and performance tests is to remove factors related to cultural influences so that "pure" intelligence can be measured. Discuss the types of factors you would want to eliminate and the likelihood of being able to do so.
Standard Deviation
A statistical measurement that depicts the variability or spread of a set of data points or investment returns around their mean.
Diversification
An investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, and other categories.
Portfolios
A collection of different types of investments (such as stocks, bonds, commodities, etc.) that an individual or institution holds.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification.
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