STAAR Tutorials 1

Front

What is variability in data?

Back

Variability refers to how much the data points in a set differ from each other. Low variability means the data points are similar, while high variability indicates a wide range of differences.

Front

What is a credit report?

Back

A credit report is a detailed record of an individual's credit history, including their borrowing and repayment activities, which lenders use to assess creditworthiness.

Front

How do you calculate the percentage of tax from a total cost?

Back

To find the percentage of tax, subtract the original price from the total cost, divide the tax amount by the original price, and multiply by 100.

Front

If a person drives 280 miles in 4 hours, what is their speed in miles per hour?

Back

The speed is calculated by dividing the distance by time. Speed = 280 miles / 4 hours = 70 miles per hour.

Front

What is relative frequency?

Back

Relative frequency is the ratio of the number of times an event occurs to the total number of trials or observations.

Front

What is the formula for calculating total cost including tax?

Back

Total Cost = Original Price + (Original Price x Tax Rate).

Front

What does it mean if a lender assesses risk?

Back

Assessing risk means evaluating the likelihood that a borrower will default on a loan based on their credit history and financial behavior.

Front

What is the importance of understanding percentages in real-life situations?

Back

Understanding percentages helps in making informed decisions about finances, such as calculating discounts, taxes, and interest rates.

Front

How do you find the total number of votes in an election?

Back

To find the total number of votes, add the votes received by all candidates.

Front

What is the significance of a standard breakfast cost in a school setting?

Back

The cost of a standard breakfast can indicate budgeting for students and help in understanding fixed expenses.