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You own a pizza shop called "Pizzas'R' Us". Currently you are paying your cooks an hourly wage of $20. You sell a medium pizza for $10. By hiring more cooks, you can increase your pizza production as shown in the following table. What is the average benefit per cook if you hire 2 cooks for one hour?
Mental Age
A measure of an individual's mental ability expressed as the age at which an average individual reaches the same level of performance.
Charles Spearman
A psychologist known for his pioneering work in statistics and intelligence, specifically for his development of factor analysis and the concept of a general intelligence factor, "g".
Intelligence
The ability to acquire, understand, and apply knowledge and skills, and to adapt to new situations.
Stanford-Binet
An individually administered intelligence test that was revised from the original Binet-Simon Scale, measuring five factors of cognitive ability.
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