In His New Version of Intelligence Testing David Wechsler Included

question 48

True/False

In his new version of intelligence testing David Wechsler included new items that required nonverbal reasoning and discarded the intelligence quotient in favor of a new scoring system based on the normal distribution.

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Definitions:

EMH

Efficient Market Hypothesis, the theory that all available information is already reflected in stock prices, and it is impossible to consistently achieve higher returns.

Insider Information

Knowledge about a company's activities or financial condition that has not been made public and that can provide a financial advantage in the market.

Inefficient Market

A market in which asset prices do not always accurately reflect all available information, potentially allowing investors to earn abnormal returns.

Maurice Kendall

Maurice Kendall was a British statistician known for his significant contributions to the field of statistics, including work in time series analysis and the development of the Kendall rank correlation coefficient.