DrDosier Developed a New Intelligence Test

question 77

Multiple Choice

Dr.Dosier developed a new intelligence test.To try it out,he administered it to a child on two separate occasions,one week apart.The child received an IQ score of 120 the first time and 70 the second time.When Dr.Dosier compared the child's second score to his first score,he said to himself,"Hmmm...it looks like this test has a problem with

• A)validity."
• B)stability."
• C)cultural fairness."
• D)sequential processing."

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Definitions:

Outstanding Shares

The total number of shares of stock that are currently owned by shareholders, including shares held by institutional investors and restricted shares owned by company insiders.

Statutory Close Corporation Supplement

A legal provision that allows a closely held corporation to operate with fewer formalities and more flexibility than is typical under corporate law.

MBCA

Model Business Corporation Act, a model set of laws prepared by the Committee on Corporate Laws of the American Bar Association to guide states in the preparation of their corporate statutes.

Close Corporation

A type of business entity with a limited number of shareholders and restricted stock trading, often operated by family members or close associates.