In 1916, Lewis Terman Improved William Stern's Formula for Figuring

question 53

Multiple Choice

In 1916, Lewis Terman improved William Stern's formula for figuring the intelligence quotient. Which of the following is the formula as it stands after Terman's improvement?

• A) chronological age divided by mental age, times 100
• B) chronological age times mental age, divided by 100
• C) mental age times chronological age, divided by 100
• D) mental age divided by chronological age, times 100

---

Definitions:

ESOs

Employee Stock Options refer to the rights given to employees, included in their remuneration package, enabling them to buy shares of the company stock at a predetermined price.

Guarantee

A formal promise or assurance, typically in writing, that certain conditions will be fulfilled or that a product will meet a specified level of quality.

American Call Option

A type of options contract that gives the holder the right, but not the obligation, to buy a specific amount of a security at a specified price within a specified time period.

Underlying Asset

The specific security, commodity, or other financial instrument that a financial derivative, such as an option or futures contract, is based upon.