If You Score at the 50^th Percentile on an Intelligence

question 53

Multiple Choice

If you score at the 50^th percentile on an intelligence test, this means that

• A)you correctly answered half of the questions on the test.
• B)you scored significantly above average on this test.
• C)you scored significantly below average on this test.
• D)half the people your age who took the test scored higher than you and half scored lower than you.

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Definitions:

Unearned Rent

Income received by a landlord for which the services (use of property) have not yet been provided.

Notes Payable

A financial obligation or loan documented by a written promissory note, specifying the terms of repayment.

Mortgage Payable

A long-term liability account that records the amount owed on a property mortgage.

Social Security Tax

Taxes collected to fund the Social Security program, providing benefits for retirees, the disabled, and children of deceased workers.