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Scenario II
For centuries,people have made the observation that intelligence seems to run in families.In modern times,psychologists have confirmed that,indeed,there is a strong genetic component to intelligence.The degree of the association between genes and intelligence can be quantified using the heritability coefficient (h2) .In a population of diverse individuals differing in age,gender,race,and socioeconomic factors,the heritability of intelligence is approximately .5 to .7.This means that about 50-70% of the variability in intelligence scores is associated with genetic factors.Interestingly,the heritability coefficient changes depending on the group under investigation.For example,among wealthy children,the heritability coefficient exceeds .7 because the environments of these children are highly homogeneous.Among poor children,it drops to about .1.The heritability coefficient also tends to increase with the age of the population under investigation.For example,the heritability coefficient is approximately .3 in 3-year-olds and approximately .9 in 65-year-olds.
-(Scenario II) Suppose that the heritability coefficient of intelligence in a population is .3.Which is a correct inference?
Adjusted Book Value
The book value of a company after adjustments have been made for assets and liabilities that may be overvalued or undervalued.
Investment Account
A financial account held by an investor with a brokerage or financial institution, primarily used for holding stocks, bonds, mutual funds, and other securities.
Previously Unissued Shares
Shares that are authorized by a corporation's charter but have not been issued or sold to investors.
Consolidated Statement of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, including the cash flows of the parent company and its subsidiaries.
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