WorksheetsQUIZ: Ch. 1.1 - 1.3 (Math for Finance)
Total questions: 20
Worksheet time: 23mins
The number of pages that Kermit typed in his journal each day from Monday to Friday is shown below:
217, 181, 343, 119, 720
What is the mean number of pages he wrote?
(a)
Find the mode for Points Scored (column on the far right)
(a)
Find the median from the list of numbers below:
1, 2, 4, 8, 16, 32, 60, 100, 200, 500, 1000, 2000
(a)
Some dude beside you at the bowling alley is a trick shot machine and pulled of this little stunt! He also happened to bowl 5 games with scores of: 145, 155, 165, 175, and 195. What is the standard deviation of his scores?
(**Be sure to round to the nearest tenth. Sample answer: 57.8**)
(a)
Your best friend bowled 7 games last weekend. Minus the embarrassing little slip midway through the day, her scores were: 155, 165, 138, 172, 127, 193, 142. What is the range of her scores?
(a)
What is the variance for the data given:
4, 8, 15, 20, 25
(**EXACT Answer**)
(a)
When comparing just the BOYS ONLY, what is the relative frequency of BOYS ONLY that CANNOT bike to school?
36%
64%
According to the table, what is the relative frequency of Students ages 14 - 17 ONLY (*Completely ignore the 10 - 13 age category) who eat breakfast? Round to the nearest whole number. (Sample answer: 26%)
(a)
What is the missing number in the cumulative frequency column? (Where the red question mark is)
(a)
What is the missing number in the frequency column? (Where the red question mark is)
(a)
Christine takes out a 4-year simple interest car loan for $15,000 at a 3% interest rate. If she does not make any payments, how much interest will she owe at the end of 4 years? (*Do you remember the formula for Simple Interest?... I = _ _ _)
(a)
Mr. Anderson puts $5,000 into a savings account with a 3% interest rate. The interest compounds yearly. How much money will he have in his account after 8 years?
Use the formula for Compound Interest: A=P(1+nr)nt
(a)
Match the following:
Income earned before taxes are taken out
Gross Income
Income earned after taxes are taken out
Disposable Income
Expenses that are a necessity for day-to-day life
Essential Expenses
Expenses on items that you want to have in your possession that are not a necessity, but something that you desire
Discretionary Expenses
Match the following:
Average. When you add all the numbers in the data set and divide it all by however many numbers there are in the set
Mean
The difference between the biggest and smallest numbers
Range
The number that is physically in the middle of the data set
Median
The number that repeats the most amount of times
Mode
True or False: When looking at a data set, it is possible to have more than one answer for the Mode?
True
False
What is the range for Points Scored (last column on right)?
(a)
What is the Relative Frequency (**NOT Cumulative Frequency**) of students speaking Vietnamese?
(a)
What is the Cumulative Frequency (**NOT Relative Frequency**) of students who speak Arabic & German (combined total)?
(a)
If you are given the value of the standard deviation, what do you have to do in order to find the variance?
You have to double the standard deviation
You have to square the standard deviation
You have to square root the standard deviation
You have to hope and pray a hurricane rolls through NE Florida so you don't have to take this Quiz! Come on Erin!! Hurry on up!!!
If you are given the value of the variance, what do you have to do in order to find the standard deviation?
You have to double the variance
You have to square the variance
You have to square root the variance
You have to hope and pray a hurricane rolls through NE Florida so you don't have to take this Quiz! Come on Erin!! Hurry on up!!!
