If Jimmy Commits to Pledging $10,000 to Greystone College in 2008

question 6

Multiple Choice

If Jimmy commits to pledging $10,000 to Greystone College in 2008 and then pays in 2009, how much revenue will Greystone College recognize in 2008?.

• A) $10,000
• B) $0
• C) $9,000
• D) $7,000

---

Definitions:

Sample

A subset of a population that is used for measurement and analysis, representing the larger group from which it is drawn.

Descriptive Statistics

The branch of statistics that deals with the collection, analysis, interpretation, and presentation of masses of numerical data.

Statistical Analyses

The process of applying statistical techniques to describe, explore, and infer relationships within data.

17th Century

The period in history spanning from 1601 to 1700, often noted for major developments in science, mathematics, and philosophy.