Final answer:
The component test standard is BS7925-2, which outlines test design, documentation, and measurement for software component testing.
Step-by-step explanation:
The component test standard referred to in the student's question is BS7925-2. It provides a software component testing framework which defines the process of testing software components. This standard is part of the British Standards which is widely recognized and used in the field of software quality and testing. BS7925-2 outlines a number of important aspects including test design techniques, test documentation, and the process for test measurement. This standard is especially relevant for software developers and quality assurance professionals who are responsible for ensuring that individual software components function correctly before they are integrated into a larger system.