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Assume Each of the Following Is a Deductive Argument

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Assume each of the following is a deductive argument. In each case, is the argument valid or invalid? (V or I)
-If Smith wins, Jones will be happy. However, Smith won't win. So Jones won't be happy.

Understand the significance of evaluating test norms and ensuring tests are appropriate for the client's demographic.
Recognize the role of professional associations in developing ethical standards.
Understand the legal implications and requirements related to counseling practice and assessment.
Identify the ethical considerations in forensic evaluations and the primary obligations of counselors in these contexts.

Definitions:

Expected Rate of Return

The anticipated amount of profit or loss an investment is projected to generate over a specific period, expressed as a percentage.

Portfolio of Risky Securities

A collection of investments that contain a degree of risk, with the expectation of achieving higher returns compared to risk-free assets.

Weighted Sum

A mathematical technique where each component is multiplied by a factor reflecting its importance before their sum is computed.

Variance of Returns

A measure of the dispersion of returns for a given security or market index, typically used to gauge the risk associated with a particular investment.

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