Financial Algebra - Chapter 1 Review

For most people, health club membership expenses are considered discretionary.  Alli lives in a big city and wants to join a health club.  She researched monthly membership costs and found the following for health clubs within a 5-mile radius of her apartment.

$35,  $28,  $56,  $44,  $70,  $56,  $68,  $53,  $75

What is the mean monthly membership fee?  Round your answer to the nearest cent.

• $53.89

• $55.86

• $54.92

• $52.71

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.NS.B.3

For most people, health club membership expenses are considered discretionary.  Alli lives in a big city and wants to join a health club.  She researched monthly membership costs and found the following for health clubs within a 5-mile radius of her apartment.

$35,  $28,  $56,  $44,  $70,  $56,  $68,  $53,  $75

What is the median monthly membership fee?

• $53

• $56

• $54.50

• $60

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2

For most people, health club membership expenses are considered discretionary.  Alli lives in a big city and wants to join a health club.  She researched monthly membership costs and found the following for health clubs within a 5-mile radius of her apartment.

$35,  $28,  $56,  $44,  $70,  $56,  $68,  $53,  $75

What is the mode monthly membership fee?

• $56

• $53

• $70

• $35

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2

Nick and Liz have decided to move from the city to the suburbs.  This means that they will have to make an essential purchase of a car in order to get to work.  They researched used 2-year old cars of the same make, model, condition, and equipped with the same options.  They found a website stating that the average price should be $22,850.  These are the prices they were quoted:

            $23,500    $21,895    $22,000    $24,225    $23,410    $21,440    

If they continued their search for one more price quote, what would that price have to be so that the mean of all seven of the car prices would be the same as the mean quoted on the website?

• $23,050

• $22,850

• $22,480

• $23,480

Tags

CCSS.7.EE.A.2

CCSS.HSA.SSE.A.2

• 30 minutes

• 26 minutes

• 34 minutes

• 38 minutes

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2

CCSS.6.SP.A.1

There are many cell phone case options on the market.  This discretionary item comes in a variety of colors, materials, thicknesses, protection levels, and more.  Avery runs a small business that sells computer and phone accessories.  She has kept the following inventory of cell phone case sales for similar model phones:

$25.89,    $13.89,    $32.50,    $49.50,    $25.89,    $95.25,    $32.50,    $74.49,    $32.50,    $49.50,    $23.99,    $52.25,    $25.89,    $32.50,    $49.50,    $62.30,    $18.92,    $23.99,    $52.25,    $32.50

What is the mean of this data set?

• $40.30

• $42.50

• $44.70

• $46.90

Tags

CCSS.6.EE.A.2C

There are many cell phone case options on the market.  This discretionary item comes in a variety of colors, materials, thicknesses, protection levels, and more.  Avery runs a small business that sells computer and phone accessories.  She has kept the following inventory of cell phone case sales for similar model phones:

$25.89,    $13.89,    $32.50,    $49.50,    $25.89,    $95.25,    $32.50,    $74.49,    $32.50,    $49.50,    $23.99,    $52.25,    $25.89,    $32.50,    $49.50,    $62.30,    $18.92,    $23.99,    $52.25,    $32.50

What is the median.  Round to the nearest cent. 

• $25.89

• $32.50

• $52.25

• $23.99

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2

There are many cell phone case options on the market.  This discretionary item comes in a variety of colors, materials, thicknesses, protection levels, and more.  Avery runs a small business that sells computer and phone accessories.  She has kept the following inventory of cell phone case sales for similar model phones:

$25.89,    $13.89,    $32.50,    $49.50,    $25.89,    $95.25,    $32.50,    $74.49,    $32.50,    $49.50,    $23.99,    $52.25,    $25.89,    $32.50,    $49.50,    $62.30,    $18.92,    $23.99,    $52.25,    $32.50

Determine the mode.

• None

• $52.25

• $25.89

• $32.50

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2

What was the average monthly number of vehicles entering the Grand Canyon south rim over this 6-month period.  Round to the nearest whole number.

• 133,258

• 150,000

• 143,050

• 138,036

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.1

Many people travel to the south rim of the Grand Canyon on vacation each year.  The National Parks Service keeps records of the number of vehicles entering the park.  According to their website, the following table lists the total vehicles the entered the park each month from April through September in a recent year.  Round all decimals to the nearest thousandth.

What is the median number of vehicles?

• 164,015

• 126,482

• 159,643

• 146,193.5

Tags

CCSS.6.SP.B.5

CCSS.6.SP.A.3

CCSS.6.SP.A.2