Colin Has High Reading Comprehension Abilities, as Measured by His

question 3

Multiple Choice

Colin has high reading comprehension abilities, as measured by his scores on the verbal SAT. Stefan has only average reading comprehension. Both Connor and Stefan read a series of unfamiliar text passages, and then answer reading comprehension questions about the passages. For the items for which Connor and Stefan both express an average certainty rating of 75%, you would expect that

• A) Connor would get about 75% of those items correct.
• B) Stefan would get about 75% of those items correct.
• C) Both Connor and Stefan would be overconfident about their scores.
• D) Both Connor and Stefan would be underconfident about their scores.

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Definitions:

Notes Payable

A liability in a company's balance sheet that records amounts the company owes because it borrowed money, or a formal written agreement to pay a specific amount in the future.

Maturity Value

The amount of the note that is due on the date of maturity (Principal + Interest).

Principal Amount

The original sum of money borrowed in a loan, or the original investment in a financial instrument, before interest.