What System Is Standardized to Have a Mean of 5

question 63

Multiple Choice

What system is standardized to have a mean of 5 and a standard deviation of approximately 2?

• A) decile
• B) McCall's T
• C) stanine
• D) quartile

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Definitions:

Deferred Income Tax Asset

A balance sheet item that represents taxes paid or carried forward but not yet realized on the income statement.

Net Operating Loss

The deficit that occurs when a business's expenses exceed its revenues, excluding taxes and certain other expenses, over a fiscal period.

Future Profitability

An estimation or outlook on the capacity of a business to generate earnings in future periods, often considered for investments or strategy planning.

Deferred Tax Asset

A tax amount that is paid or carried forward, representing future tax savings due to overpayment or advance payment of taxes, or due to allowable temporary differences.