The SAT Scores of a Sample of Business School Students

question 72

Essay

The SAT scores of a sample of business school students and their genders are shown below.
SAT Scores
$$\begin{array} { l c c c c } \text { Gender } & \text { Lass than 20 } & \text { 20 up to 25 } & \text { 25 and more } & \text { Total } \\\text { Female } & 24 & 168 & 48 & 240 \\\text { Male } & 40 & 96 & 24 & 160 \\\text { Total } & 64 & 264 & 72 & 400\end{array}$$
a. How many students scored less than 20?
b. How many students were female?
c. Of the male students, how many scored 25 or more?
d. Compute row percentages and comment on any relationship that may exist between SAT scores and gender of the individuals.
e. Compute column percentages.
a. 64
b. 240
c. 24
d. a. 64
b. 240
c. 24
d.

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Definitions:

Aging of Accounts

A method used to estimate uncollectable debts by categorizing accounts receivables based on how long they have been outstanding.

Uncollectible Percentage

Estimate of the portion of accounts receivable that will not be collected, used in calculating bad debt expense.

Bad Debt Expense

An expense reported on the income statement, reflecting the cost of accounts receivable that a company does not expect to collect due to customers' inability to pay.

Aging of Accounts

A method used to categorize accounts receivable based on the length of time an invoice has been outstanding, often to identify potential collection issues.