Online Access Free C3E Practice Test

You start with 1,800 in your savings account. You do not make any deposits or withdrawals and earn 10% interest, compounded quarterly. How much money will you have in your account after five years?

• A.2,674.71
• B.2,898.92
• C.2,949.51
• D.1,149.51

Which of the following is true of distribution shapes for nominal data?

• A.It might be most honest to simply list the categories in alphabetical order.
• B.Nominal data should be represented via pie charts only
• C.They are best represented skewed with a tail to the left
• D.They generally are normal distributions

How much interest will you earn on 2,500 in three years, if the interest rate is 6%, and the interest is compounded annually?

• A.309
• B.977.54
• C.477.54
• D.489.05

Which of the following provide useful guidelines for grouping data into categories?

• A.All of the above
• B.Do not allow categories to overlap
• C.Use a constant width for all categories
• D.Use mutually exclusive categories

George & Kevin agree to job share. George will work two 10-hour days and Kevin will work three 7-hour days. What percent of the total weekly hours is George going to work?

• A.48.8%
• B.51.2%
• C.39.5%
• D.50%