In Order to Calculate a Percentile Rank, You Need to Know

question 26

Multiple Choice

In order to calculate a percentile rank, you need to know

• A)how many cases are below the score of interest.
• B)whether the distribution is normal or skewed.
• C)the standard deviation of the scores.
• D)the nature of the underlying scale.

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Definitions:

Kodak Disc

A film format introduced by Kodak in the 1980s for still photography, using a disc-shaped film cassette, now mostly obsolete.

Marginal Utility

The incremental pleasure or usefulness attained by consuming an extra unit of a good or service.

Total Utility

The overall satisfaction or pleasure a person derives from consuming a certain amount or quantity of goods or services.

Limited Income

Income that is not sufficient to meet the minimum standard of living or personal financial needs.