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Here are 10 students getting honors credits in a class, and they make up 20% of the class. How do we find the number of students in the class? Let's look. We have a class, and 20% of the class are getting honors credit, and that turns out to be 10 students. Now we can generate a formula that we can use to discover our answer. Let's assign letters to the things we know or are finding out. Nclass = number of students in the class. Nhonors = number of honors students in the class. And Nhonors = 10 students. Nclass x 20% = 10 students 20% = 20/100ths (because % = hundredths) or 0.20 or just 0.2 for simplicity. Nclass x .2 = 10 students Now divide both sides by .2 so the .2 will cancel out (or drop out) on the left side of the equation and we'll have isolated the answer we are looking for, which is Nclass. Nclass = 10 students divided by .2 Nclass = 10/.2 students = 50 students There are 50 students in the class. As .2 equals 2/10 or 1/5, we can find 1/5th of 50 just by thinking about it to check our work. And 1/5th of 50 equals 10, which is in agreement with the information we were given in the problem.
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What exactly is the meaning of a credit score?
A credit score is a numerical expression based on a statistical analysis of a person's credit files, to represent the creditworthiness of that person. A credit score is primarily based on credit report information, typically sourced from credit bureaus. Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits. The use of credit or identity scoring prior to authorizing access or granting credit is an implementation of a trusted system. Credit scoring is not limited to banks. Other organizations, such as mobile phone companies, insurance companies, employers, and government departments employ the same techniques. Credit scoring also has a lot of overlap with data mining, which uses many similar techniques.
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In order to score exactly 70% on a test with exactly 70 questions ... if every questionis worth the same credit ... you have to get 21answers wrong. You can do it.
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