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20 questions
What are the Measures of Central Tendency?
mean
median
mode
all of the above
Melissa is having a bad day after school and decides to take a trip to Publix. During her shopping trip she decides to spend her allowance on chips and soft drinks. What type of expense is this?
Essential Expense
Discretionary Expense
Operating Expense
Rent Expense
When you find the sum of the values by adding them all up, then divide the sum by the number of values in the data set this is called
mode
median
mean
statistics
Wyatt's bills have been extremely high for the month. He decided to take a look at his personal budget he set up in Excel, and found that has rent has been raised by 10% compared to last month due to a new security installation. What type of expense is this?
Discretionary
Essential
Disposable
Bimodal
What is math that involves collection, interpretation and analysis of numerical data in large quantities?
the mathy math
statistics
algebra
geometry
What is: A quantity displayed below the normal line of text (and generally in a smaller point size)?
subscript
index
mean
statistics
Your gross income helps determine your financial reliability. while your _____ can help you create your monthly budget. This is due to the fact it is your income after taxes are taken out. Some of these taxes include: Social Security tax,
Health insurance, IRA, 401(k) or retirement fund contributions.
factual income
disposable or net income
gross income
reliable income
Emma works at Target and has been asked by her boss to do extensive market research to see how much customers spend. What type of expense is this?
Discretionary
Essential
Algebra
What image is this referring to?
index
subscript
outlier
measure of central tendency
an extreme value in a data set that is either much larger or much smaller than all the other values
average
bimodal
outlier
subscript
What is another term for exponent, such as the one shown in this image?
outlier
subscript
data
index
Is the amount of money left to spend and save after income tax has been deducted
discretionary income
disposable income
gross income
essential income
A display of values that occur in a data set or graph and how often (or frequently) the event is observed
Bimodal
Statistics
Frequency Distribution
Data
A probability distribution with more than one mode is called:
mean
Frequency Table
unimodal
bimodal
Find the mean of this data set:
6, 8, 5, 5, 9, 8, 10, 8
7.375
9.34
8.132
5
Find the median of this data set:
6, 8, 5, 5, 9, 8, 10, 8
8
6.5
5
7
Find the mode of this data set:
6, 8, 5, 5, 9, 8, 10, 2
6 and 2
2
8
5 and 8
This type of income is used by landlords to determine whether that person is a worthy borrower or renter. When filing income taxes, _____ is the starting point before subtracting deductions to determine the amount of tax owed
credit
disposable income
descretionary income
gross income
Gross income includes your personal wages as well as other income. This income is before any ____ are taken out
assets
expenses
dividends
taxes
Find the mean of this data set:
6, 14, 8, 5, 3, 11, 9
4
13
8
3
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