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what is your intelligence in? Everyone has some sort of Intelligence.
I believe 128 is considered gifted. It is particularly rare to have it at such a young age. Studies have shown that as a gifted child ages his IQ is likely to decrease. IQ tests measure various things including fluid and crystallized intelligence. Essentially, fluid intelligence is your ability to learn and problem solve in situations you haven't encountered using the knowledge you have. Crystallized intelligence is what fluid intelligence pulls from. It's indicated by a person's depth and breadth of general knowledge, vocabulary, and the ability to reason using words and numbers. Your child more than likely has high fluid intelligence. This can't be increased. All you can do is increase crystallized intelligence to give fluid intelligence more to draw from. There is a lot more complicated theories and studies involved but this is the gist of it.
I.Q. Stands for Intelligence Quota. Actually, it stands for Intelligence Quotient.
Yes, it is. Nowadays is a version of the adverb "today" meaning in the present time.
In most practical situations the calculations required to do numerical analysis are so lengthy and tedious that they are too expensive to be performed by people nowadays, especially since they generally involve simple arithmetic rather than anything requiring human intelligence.