Binet Used the Term Mental Age to Refer to

question 3

Multiple Choice

Binet used the term mental age to refer to

• A) the average chronological age of children who completed a particular grade in school.
• B) the years of formal education successfully completed by a child.
• C) the total number of items correctly answered on an intelligence test divided by the child's chronological age.
• D) the chronological age that most typically corresponds to a given level of intelligence test performance.

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Definitions:

Cash Sales Policy

A policy adopted by businesses that requires all purchases to be paid for in cash at the time of sale.

Net 30 Credit Policy

A credit term indicating that payment is due in full 30 days after goods are delivered or services are performed.

Monthly Interest Rate

The interest rate applied each month on a loan or investment, often derived from the annual interest rate divided by twelve months.

Variable Cost

A variable cost is an expense that varies depending on a company's production volume; they rise as production increases and fall as production decreases.