1. $7885.00
2. The spelling and grammar test was taken by 217 students. Thirty-seven failed. What percent passed? 83%
3. We have a company. We make crap. Some people get paid more than others.
* The CEO earns $150,000 a year. She has a nice office and thinks big ideas.
* Two top managers earn $100,000 a year for attending meetings, writing memos, etc.
* The company has three security guards. They bust heads and carry Tasers. They earn $40,000 a year.
* Finally, we have two designers/engineers. They do the actual work. We pay them $35,000 and put them in cubicles like zoo animals.
Mean salary? $67,500 Median salary? $40,000
Which is more accurate? Median salary.
4. Desperate for revenue, the government decides to increase the tax on beer. The tax on food is 5 percent. But if you buy beer, you pay an extra percent, or a total of 6 percent. Supporters of the tax say this is only a 1 percentage increase; critics say this is a 20 percent increase. Who is right? Both
5. a. The city’s budget was cut from $2 million to $1.5 million. What was the percent decrease?
25% decrease. (new value-original value/original value)
b. The city’s budget increased from $1.5 million to $2 million. What was the percent increase? 33% increase
6. Last year, your property tax bill was $1,152. This year, it rose to $1,275. What’s the percent increase? 11% increase
7. We want to look at home sales in October.
* House 3 costs $129,000.
* House 4 costs $192,000.
* House 2 costs $207,000.
* House 1 costs $225,000.
* House 5 costs $3.2 million.
What’s the mean price? $790,600 What’s the median? $207,000 (use median more often)
8. You and your four roommates have ordered a 16-slice pizza. Because you skipped lunch, it is agreed that you should have a 1/4 share of the total. The roommates divide the remainder equally. How much does each one get? me: 4, roommates: 3
9. Let’s say someone wants to establish a University District. To gain support, he/she needs to establish that safety is a problem in the area. Assume the following:
* Pullman had 183 assaults last year. Spokane had 502.
* Spokane has 200,000 people. Pullman has 25,000.
Is the average person more likely to be assaulted in Spokane or Pullman? What's the per capita assault rate in each city? Spokane: .0025 (25 per 10,000 people)----- Pullman: or .0073 (73.2 per 10,000 people)
10. House prices increased 40 percent this year to a median price of $210,000. What was the median house price last year? $150,000
Tuesday, November 3, 2009
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