The finding of an overall correlation between self-estimates and tested IQ, although significant (.33), suggests that self-estimates are not good proxies for tested IQ---only approximately 10% shared variance. Yet, this information could still be useful in counseling contexts..to evaluate possible significant discrepancies between self-perception and measured abilities. Of course, self-estimates might be more related to intellectal "performance"..how one actually performs in the real world due to other factors (motivations, etc). Would be interesting study to pursue.
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