The National Average for an 8^th Grade Reading Comprehension Test

question 49

Multiple Choice

The national average for an 8^th grade reading comprehension test is 73.A school district claims that its eighth-graders outperform the national average.In testing the school district's claim,how does one define the population parameter of interest?

• A)The mean score on the 8^th grade reading comprehension test.
• B)The number of 8^th graders that took the reading comprehension test.
• C)The standard deviation of the score on the 8^th grade reading comprehension test.
• D)The proportion of 8^th graders that scored above 73 on the reading comprehension test.

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Definitions:

Outstanding Checks

Checks recorded in the issuer's financial records that haven't been processed or cashed by the banking institution yet.

Bank Statement

A record provided by a bank that summarizes all transactions in an account for a specific period of time, showing all deposits, withdrawals, and current balance.

Debit Memorandum

A debit memorandum is a document issued by a buyer to a seller, indicating a return of goods or a request for a price reduction, essentially serving as a formal request to reduce the amount owed.

Cash Receipts

The inflow of cash into a business, often tracked and recorded as part of the financial accounting process.