Final answer:
By calculating 8% of last year's school attendance of 550, which is 44, and subtracting it from 550, we find that 506 students are attending the school this year.
Step-by-step explanation:
The number of children attending a school this year is 8% fewer than last year.
If 550 students attended last year, we can calculate the number of students this year by finding 8% of 550 and subtracting that number from 550. To calculate 8% of 550,
we multiply 550 by 0.08, which gives us 44.
The number of students attending this year is therefore 550 - 44, which equals 506 students.