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DSC1630 EXAM 1 REVIEW QUESTIONS WITH ANSWERS EXPLAINED 2025

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DSC1630 EXAM 1 REVIEW QUESTIONS WITH ANSWERS EXPLAINED 2025 D. ratio - CORRECT ANSWER-1. The amount of time it takes workers to complete a particular task is an example of ___________________ data. A. discrete B. ordinal C. interval D. ratio A. continuous, 5 - CORRECT ANSWER-Questions 2 through 5 refer to the following data for the sales at Red's Corner Grocery for pounds of hot dogs. The weekly sales for the store are given in the following table. Weekly Sales Frequency 0 5 2 5 10 6 10 15 21 15 20 17 20 30 12 TOTAL 58 2. This table represents ___________ data with a class width of _____. A. continuous, 5 B. discrete, 5 C. continuous, 6 D. discrete, 6 D. 0.362 - CORRECT ANSWER-Questions 2 through 5 refer to the following data for the sales at Red's Corner Grocery for pounds of hot dogs. The weekly sales for the store are given in the following table. Weekly Sales Frequency 0 5 2 5 10 6 10 15 21 15 20 17 20 30 12 TOTAL 58 3. The relative frequency for the 3rd class is _______________. A. 0.627 B. 0.576 C. 0.427 D. 0.362

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DSC1630 - Introductory Financial Mathematic
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DSC1630 - Introductory Financial Mathematic

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DSC1630 EXAM 1 REVIEW QUESTIONS
WITH ANSWERS EXPLAINED 2025

D.zratioz-zCORRECTzANSWER-
1.zThezamountzofztimezitztakeszworkersztozcompletezazparticularztaskziszanzexamplezofz________________
___zdata.z



A.zdiscrete

B.zordinalz

C.zinterval

D.zratio



A.zcontinuous,z5z-zCORRECTzANSWER-
Questionsz2zthroughz5zreferztozthezfollowingzdatazforzthezsaleszatzRed'szCornerzGroceryzforzpoundszofzhotz
dogs.zThezweeklyzsaleszforzthezstorezarezgivenzinzthezfollowingztable.



WeeklyzSaleszFrequency

0z<z5z2

5z<z10z6

10z<z15z21

15z<z20z17

20z<z30z12

z TOTALz58



2.zThisztablezrepresentsz___________zdatazwithzazclasszwidthzofz_____.



A.zcontinuous,z5

B.zdiscrete,z5

,C.zcontinuous,z6

D.zdiscrete,z6



D.z0.362z-zCORRECTzANSWER-
Questionsz2zthroughz5zreferztozthezfollowingzdatazforzthezsaleszatzRed'szCornerzGroceryzforzpoundszofzhotz
dogs.zThezweeklyzsaleszforzthezstorezarezgivenzinzthezfollowingztable.



WeeklyzSaleszFrequency

0z<z5z2

5z<z10z6

10z<z15z21

15z<z20z17

20z<z30z12

z TOTALz58



3.zThezrelativezfrequencyzforzthez3rdzclasszisz_______________.



A.z0.627

B.z0.576z

C.z0.427

D.z0.362



B.z0.138z-zCORRECTzANSWER-
Questionsz2zthroughz5zreferztozthezfollowingzdatazforzthezsaleszatzRed'szCornerzGroceryzforzpoundszofzhotz
dogs.zThezweeklyzsaleszforzthezstorezarezgivenzinzthezfollowingztable.



WeeklyzSaleszFrequency

0z<z5z2

5z<z10z6

10z<z15z21

, 15z<z20z17

20z<z30z12

z TOTALz58



4.zThezcumulativezrelativezfrequencyzforzthez2ndzclasszisz___________.



A.z0.073

B.z0.138

C.z0.208

D.z0.392



C.z50.0%z-zCORRECTzANSWER-
Questionsz2zthroughz5zreferztozthezfollowingzdatazforzthezsaleszatzRed'szCornerzGroceryzforzpoundszofzhotz
dogs.zThezweeklyzsaleszforzthezstorezarezgivenzinzthezfollowingztable.



WeeklyzSaleszFrequency

0z<z5z2

5z<z10z6

10z<z15z21

15z<z20z17

20z<z30z12

z TOTALz58



5.zWhatzpercentagezofzweeklyzsaleszarez≥z15zpounds?



A.z20.7%

B.z29.3%

C.z50.0%

D.z86.2%
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DSC1630 - Introductory Financial Mathematic
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DSC1630 - Introductory Financial Mathematic

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