Examlex
The basic accounting equation states that Assets = Liabilities.
IQ Test
A standardized test designed to measure human intelligence and cognitive ability in relation to the average performance of others in the same age group.
Variability
The degree to which scores in a frequency distribution depart from the central value.
Validity
The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.
Psychometric Approach
The psychometric approach focuses on measuring mental capacities and processes through quantitative tests.
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