How Well Do Intelligence Tests Predict Performance

question 94

Multiple Choice

How well do intelligence tests predict performance?

• A) IQ scores have a correlation to school performance of +.90.
• B) IQ scores have a correlation to school performance of +.50.
• C) IQ scores predict performance in elementary school well, but do not predict whether people will complete higher education.
• D) IQ scores have little relevance to non-academic aspects of people's lives.

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Definitions:

Substitution Bias

The phenomenon where consumers change their preferences to buy cheaper alternatives as prices rise, which can lead to inaccuracies in measuring inflation.

Consumer Price Index

A metric assessing the weighted average cost of a selection of consumer items and services like food, transportation, and medical services, utilized to determine the inflation level.

Inflation Rate

measures the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Consumer Price Index

An indicator that assesses the typical shift through time in the expenses urban purchasers face for a predetermined array of consumer items and services.