Why Is It Appropriate to Assess the Number of Ears

question 1

Multiple Choice

Why is it appropriate to assess the number of ears college sophomores have by counting one sophomore's ears, but it is not appropriate to assess how intelligent professors are by giving one professor an IQ test?

• A) There is less variability in number of ears for sophomores than intelligence for professors.
• B) There is more variability in number of ears for sophomores than intelligence for professors.
• C) It is appropriate to only give one professor the IQ test.
• D) College sophomores are harder to assess than professors.

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Definitions:

Single Category Average

A measure that represents the average value within a specific, singular category of data.

Investment Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Recognize

In tax terminology, to report and include a transaction in taxable income for the period it was realized, regardless of whether or not payment was received.

Gain

An increase in the value of an investment or asset.