IQ is largely a pseudoscientific swindle
<p><strong><em>(Revised draft</em></strong><em>: added comments on sinister country profiling. Also 1) Used the same data as researchers to find that </em><strong><em>R² for IQ-wealth and IQ-income is effectively 0</em></strong><em> in spite of the circularity. 2) Turns out IQ beats random selection in the </em><strong><em>best</em></strong><em> of applications by less than 6%, typically <2%, as the computation of correlations have a flaw and psychologists do not seem to know the informational value of correlation in terms of “how much do I gain information about B knowing A” and propagation of error (intra-test variance for a single individual). 3) Added information showing the story behind the effectiveness of Average National IQ is, statistically, a fraud. The psychologists who engaged me on this piece — with verbose writeups —made the mistake of showing me the best they got: papers with the strongest pro-IQ arguments. </em><strong><em>They do not seem to grasp what noise/signal really means in practice</em></strong><em>. )</em></p>
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