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In a hearing test, subjects estimate the loudness (in decibels) of sound, and the results are;
68, 67, 70, 71, 68, 75, 68, 62, 80, 73, 68
-What is the 65th percentile?
Deposits in Transit
Funds that have been received and recorded by a business but not yet recorded by the bank, leading to a discrepancy in the accounting records until the deposit clears.
Currency
A system of money in general use in a particular country.
Checking Accounts
Bank accounts that allow the owner to make deposits, write checks, and withdraw funds with ease, typically used for daily transactions.
Liquid Investment Assets
Assets that can be quickly converted into cash with minimal impact on their price, such as stocks and bonds.
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