Psychological properties can be measured quantitatively through systematic tools like psychological tests. Measurement involves assigning numbers to objects or people in a way that represents specific attributes. There are different types of measurement scales including nominal, ordinal, interval, and ratio scales. Validity and reliability are important concepts in evaluating psychological tests, where validity refers to a test measuring what it intends to and reliability is consistency of scores. Variability, correlation, and prediction are key statistical concepts involving the spread, relationship, and forecasting of test scores.