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The Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) is a standardized test administered by the College Board and cosponsored by the National Merit Scholarship Corporation (NMSC) in the United States.

Approximately 3.5 million students take the PSAT/NMSQT each year.

In 2013, 1.59 million high school sophomores and 1.55 million high school juniors took the PSAT.

Younger students are also eligible to take the test.

The scores from the PSAT/NMSQT are used to determine eligibility and qualification for the National Merit Scholarship Program.

In economics, a service is a transaction in which no physical goods is transferred from the seller to the buyer.

The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange.

Public services are those that society (nation state, fiscal union, region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service providers benefit service consumers.

A test or examination (informally, exam or evaluation) is an assessment intended to measure a test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics (e.g., beliefs).

A test may be administered verbally, on paper, on a computer, or in a confined area that requires a test taker to physically perform a set of skills.

Tests vary in style, rigor and requirements.

For example, in a closed book test, a test taker is often required to rely upon memory to respond to specific items whereas in an open book test, a test taker may use one or more supplementary tools such as a reference book or calculator when responding to an item.

A test may be administered formally or informally.

An example of an informal test would be a reading test administered by a parent to a child.

An example of a formal test would be a final examination administered by a teacher in a classroom or an I.Q.

test administered by a psychologist in a clinic.

Formal testing often results in a grade or a test score.

A test score may be interpreted with regards to a norm or criterion, or occasionally both.