Formal Intelligence Testing Began in 1904,when Alfred Binet Was Instructed

question 102

Multiple Choice

Formal intelligence testing began in 1904,when Alfred Binet was instructed by the French government to devise a(n) ____.

• A)test to "weed out" academically inferior students
• B)objective means to assign students into academic and technical training tracks
• C)test to select the top students for government service
• D)objective means to identify schoolchildren who needed additional help to succeed

---

Definitions:

Strike Price

The fixed price specified in an options contract at which the holder can buy or sell the underlying asset.

Black-Scholes Model

A mathematical model used for pricing European-style options, estimating the variation over time of financial instruments.

Call Option

A deal in the financial industry that bestows upon the buyer the latitude, but exempts them from the necessity, to acquire stocks, bonds, commodities, or other assets at a price fixed in advance, within a predetermined time frame.

Warrants

Financial instruments that give the holder the right, but not the obligation, to buy a company's stock at a specific price before a specified date.