Spring 25 Math100 Review

Question 1

What is the difference between qualitative and quantitative data?

Accepted Answer

words versus numbers

Question 2

Would you rather have an account starting at $5000 compounding continuously or compounding monthly for 5 years ?

Accepted Answer

Continuously

Question 3

If I invest $2000 in a CD earning 4% compounded annually how much will I have in 4 years?

Accepted Answer

FV=2000\left(1+.04\right)^4

Question 4

A candidate can win both the majority and the plurality.

Accepted Answer

True

Question 5

A candidate who wins plurality will always win the majority.

Accepted Answer

False

Question 6

A specific group of outcomes is called an event.

Accepted Answer

True

Question 7

Julia has 3 skirts, 5 pair of shorts, 3 pair of pants, 8 shirts, 1 pair of flats, 2 pairs of sandals how many outfits?

Accepted Answer

11\cdot8\cdot3

Question 8

During one particular day Alex’s store had total sales of 1,750 of which Alex sold 30%. What were Alex's sales that day?

Accepted Answer

525

Question 9

How many different voting methods did we learn in class?

Accepted Answer

more than 5

Question 10

How many fairness criterion of voting are there?

Accepted Answer

4

Question 11

A candidate who wins majority will always win the plurality.

Accepted Answer

True

Question 12

The Daytona 500 has 41 cars and prizes for First, Second, and Third. How many possible 1st 2nd 3rd lineups are possible?

Accepted Answer

41\cdot40\cdot39

Question 13

What do you call the amount or “how many” of a category?

Accepted Answer

Frequency

Question 14

If a local business buys a $120 game but sells it for $190.00, what is the percent markup?

Accepted Answer

58.333333%

Question 15

There are 4 percentiles.

Accepted Answer

False

Question 16

There is a method of voting that satisfies all 4 Fairness Criterion.

Accepted Answer

False

Question 17

What is the exact definition of a percent?

Accepted Answer

Parts per 100

Question 18

The Plurality winner is the candidate with the most votes.

Accepted Answer

True

Question 19

Which of the following if the formula for compound interest?

Accepted Answer

A=P\left(1+\frac{r}{n}\right)^{n\cdot t}

Question 20

What sampling method is used when lining up a group and starting at the “k” spot and taking the “n” piece of data.

Accepted Answer

Systematic

Question 21

The types of qualitative data are:

Accepted Answer

both of these

Question 22

The types of quantitative data are categorical and ordinal.

Accepted Answer

False

Question 23

The ratio of ways/outcomes in favor to ways/outcomes against favor is the odds.

Accepted Answer

True

Question 24

What’s the formula to find the total number of pair-ups for approval voting?

Accepted Answer

\frac{n\left(n-1\right)}{2}

Question 25

If a combo for a safe is four numbers from 1- 80, how many different combinations are there?

Accepted Answer

804

Question 26

We use permutations when

Accepted Answer

order matters and no repreats

Question 27

When compounding monthly we use:

Accepted Answer

FV=P\left(1+\frac{r}{12}\right)^{12\cdot t}

Question 28

Would you rather have a 3rd percentile wait time at Target or a 93rd percentile wait time?

Accepted Answer

3rd Percentile

Question 29

What color are you? Is this a qualitative question

Accepted Answer

True

Question 30

What formula is used to calculate permutations.

Accepted Answer

P(n, r)

Question 31

Which of these is the mean of the data: 2, 2, 5, 7, 8, 9

Accepted Answer

5.5

Question 32

A way to display quantitative data is:

Accepted Answer

Histogram

Question 33

What sampling methods are there?

Accepted Answer

All of these

Question 34

A pizza has 3 crust options, 4 sauce options, 3 cheese options and 6 toppings, how many different pizzas can you order

Accepted Answer

more than these

Question 35

If a majority winner cannot be reached what voting method can be used to come to a conclusion?

Accepted Answer

All of these

Question 36

Quantitative is about word answers.

Accepted Answer

False

Question 37

Parameter is a number characteristic calculated from an entire population.

Accepted Answer

True

Question 38

Which of the following is a simple event when drawing a card from a standard deck?

Accepted Answer

Queen of Hearts

Question 39

30% of 350 dollars is:

Accepted Answer

350(0.30)

Question 40

Which of these is the formula for simple interest?

Accepted Answer

I\cdot r\cdot t

Question 41

Suppose you have an investment paying a rate of 6% compounded quarterly. Determine the effective annual yield.

Accepted Answer

6.136%

Question 42

Which is not a method of sampling?

Accepted Answer

Strategic

Question 43

The types of quantitative data are discrete and continuous.

Accepted Answer

True

Question 44

All samples result in the exact same statistics.

Accepted Answer

False

Question 45

Which of these is true about the formula for monthly parments?

Accepted Answer

All of these

Question 46

Which is the correct way to convert 0.043%?

Accepted Answer

none of these

Question 47

What is 40% of 186 shelter animal?

Accepted Answer

74.4

Question 48

A derby has 30 horses and prizes for first second and third. How many 1st, 2nd, and 3rd places are possible?

Accepted Answer

24,360

Spring 25 Math100 Review

Questions 48

Spring 25 Math100 Review

Questions 48