Carla Earned 78 Points on Her Statistics Exam

question 152

Multiple Choice

Carla earned 78 points on her statistics exam.Ten of the students in her class earned higher scores than she did,and ten students earned lower scores than she did.Based on this information,you can conclude that Carla's score of 78 points is

• A) the standardized score for her class.
• B) the median for her class.
• C) the mean for her class.
• D) the mode for her class.

---

Definitions:

Unlimited Life

A concept in accounting that assumes a company will continue to operate indefinitely, allowing for the deferral of certain expenses over a long period.

Income Summary

A temporary account used in closing revenue and expense accounts.

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.

Financial Statements

Documents that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.