AnswersFowU - Financial Math - BUsing Graphs to Advertise

Topic Test Answers

75 verified answers14 views
1
Free Preview

What is an advantage that experimental probability has over theoretical probability?

A
Experimental probability is more rigorously tested than theoretical probability.
B
Experimental probability provides unique results, while theoretical probability only provides generic results which may not fit the situation.
C
It is not always possible to calculate theoretical probability in complex situations, but experimental probability can be calculated any time experiments can be run.
D
Experimental probability changes over time, while theoretical probability remains constant.
7

Consider the following graph, which shows a bookstore’s sales over the course of one day. By percent, how much smaller does the sale of horror books appear to be than the sale of fantasy books? How much smaller is it in reality?

Question illustration
A
Horror sales appear to be only 50% of fantasy sales, but they are actually only about 8% smaller.
B
Horror sales appear to be only 80% of fantasy sales, but they are actually only about 4% smaller.
C
Horror sales appear to be only 67% of fantasy sales, but they are actually only about 15% smaller.
D
Horror sales appear to be only 20% of fantasy sales, but they are actually only about 13% smaller.
9

The following chart represents the record high temperatures recorded in Phoenix for April-November. Select the answer below that best describes the mean and the median of the data set (round answers to the nearest tenth).

Question illustration
A
The mean is 114.5°F, and the median is 111.9°F.
B
The mean is 121°F, and the median is 118.5°F.
C
The mean is 111.9°F, and the median is 114.5°F.
D
The mean is 118.5°F, and the median is 121°F.
10

Consider the following graph, which details the population of a city over time. What aspect of the graph is likely being emphasized by the choice of graph style, choice of scale, and so on?

Question illustration
A
the sharp differences between individual data points
B
the disjoint nature of the data collected
C
the strong distinction between each year’s data
D
the extended, continual growth of the population
19

What are the median and mode of the data set?48253446292746

A
median: 46, mode: 46
B
median: 34, mode: 36
C
median: 46, mode: 48
D
median: 34, mode: 46

Did you find these answers helpful?