If a Test Score Is at the 90th Percentile,then Which

question 3

Multiple Choice

If a test score is at the 90th percentile,then which of the following is true?

• A)Only 10% of the test takers scored higher than this.
• B)This is in the bottom 10% of the distribution.
• C)About 90% of the test takers scored higher than this.
• D)This is the most commonly observed score in the test.

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale.

Perfect Competitor

A theoretical market structure where many buyers and sellers exchange identical products, and no single entity can influence the market price.

Long Run

A period in economics during which all factors of production and costs are variable, allowing for the full adjustment to changes.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full adjustment to changes.