Name the Individual Who Revised Binet's Test and Developed the Formula

question 62

Multiple Choice

Name the individual who revised Binet's test and developed the formula for the intelligence quotient score.

• A) Charles Spearman
• B) Ulrich Neisser
• C) Karl Stanford
• D) Lewis Terman

---

Definitions:

Time-Value

The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Forgo

The act of giving up something, often as a sacrifice, in preference for something else considered to be of greater value.

Monetary

Relating to money or currency, typically involving the management, transfer, or creation of money.

Interest Rate

The amount charged by a lender to a borrower for the use of assets expressed as a percentage of the principal, influencing investment, spending, and economic growth.