A Statistics Student Made the Following Grades on 7 Tests

question 16

Multiple Choice

A statistics student made the following grades on 7 tests: 76, 82, 92, 95, 79, 86, and 92.What is the median grade?

• A)86
• B)76
• C)82
• D)94
• E)95

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Close Account Year-End

The process of updating account balances and summarizing a company's financial activities to prepare for the next accounting period.

Interest Revenue

Income earned from lending funds or through investing in interest-bearing financial instruments.

Gain Sale Building

The profit realized from the sale of a building asset.