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It’s hardif not nearly impossibleto truly measure intelligence.
(Scroll down for the CRT and the correct answers and solutions to these three problems.)
Frederick published a report about his test in theJournal of Economic Perspectivesin 2005.
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In most of these questions, the impulsive (System 1) answers turned out to be incorrect.
Dr. Lyndon Walker, a former statistics and finance lecturer, explained each one in avideo.
However, the number 10 refers to cents while the number 1.10 refers to dollars.
Working through the equation, youd wind up with x=0.05, which equates to 5 cents.
Thus, the correct answer is five minutes.
Solution 3
In the third one, things get even trickier.
