The Oregon State Board of Education initiated the Oregon Statewide Assessment Program in 1973 as a means for gathering data on student performance in the basic skills areas. Tests were administered to 27,086 fourth, seventh and eleventh grade students in 405 schools selected at random in March of 1982. Test results were returned to participating schools in April, providing school staff with item-by-item and total-test results at the individual student, classroom and building levels, along with the comparable statewide averages. An interpretive manual was mailed along with the results. At the state level, three interpretive panels met in June to review the results, judge the adequacy of student performance, identify factors affecting the results and recommend ways to improve or maintain performance. This report documents the interpretive panels' conclusions and recommendations. In order to compare Oregon students' achievement with that of students at the national level, fourth and seventh grade reading tests were equated with the Comprehensive Tests of Basic Skills, allowing for a norm-referenced interpretation of statewide reading achievement for those grade levels. (PN)