Claus Received a Raw Score of 86

question 45

Multiple Choice

Claus received a raw score of 86. Given that the test had a mean of 88, and a standard deviation of 4. What is Claus's approximate t -score?
-What can we conclude about Claus's stanine score?

• A) It is negative.
• B) It is approximately zero.
• C) It is approximately 5.
• D) It is approximately 8.

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Definitions:

Interest Rate Changes

Variations in the cost of borrowing money, typically determined by central banks, influencing various financial and economic decisions.

Invoice Price

The price initially charged by a manufacturer to a retailer, before any deductions or discounts are applied.

Flat Price

The price of a bond excluding any accrued interest, representing the bond’s value in the market without considering the interest that has accumulated since the last payment.

Accrued Interest

The amount of interest that has accumulated on a bond or loan but has not yet been paid by the borrower.