Discretionary Expenses Vocab

What are the Measures of Central Tendency?

• mean

• median

• mode

• all of the above

Melissa is having a bad day after school and decides to take a trip to Publix. During her shopping trip she decides to spend her allowance on chips and soft drinks. What type of expense is this?

• Essential Expense

• Discretionary Expense

• Operating Expense

• Rent Expense

 When you find the sum of the values by adding them all up, then divide the sum by the number of values in the data set this is called

• mode

• median

• mean

• statistics

Wyatt's bills have been extremely high for the month. He decided to take a look at his personal budget he set up in Excel, and found that has rent has been raised by 10% compared to last month due to a new security installation. What type of expense is this?

• Discretionary

• Essential

• Disposable

• Bimodal

What is math that involves collection, interpretation and analysis of numerical data in large quantities?

• the mathy math

• statistics

• algebra

• geometry

What is: A quantity displayed below the normal line of text (and generally in a smaller point size)?

• subscript

• index

• mean

• statistics

Your gross income helps determine your financial reliability. while your _____ can help you create your monthly budget. This is due to the fact it is your income after taxes are taken out. Some of these taxes include: Social Security tax,

Health insurance, IRA, 401(k) or retirement fund contributions.

• factual income

• disposable or net income

• gross income

• reliable income

Emma works at Target and has been asked by her boss to do extensive market research to see how much customers spend. What type of expense is this?

• Discretionary

• Essential

• Algebra

What image is this referring to?

• index

• subscript

• outlier

• measure of central tendency

an extreme value in a data set that is either much larger or much smaller than all the other values

• average

• bimodal

• outlier

• subscript