AnswersFinancial MathIncome and Expenses

Practice Test Answers

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1
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Which linear function best represents the employee's salary as shown in the graph?

A
y is equal to 40 comma 000 plus 2 comma 000 x
B
y is equal to 40 comma 000 plus 3 comma 000 x
C
y is equal to 3 comma 000 x plus 50 comma 000
D
y is equal to 3 comma 000 x
11

Consider the linear equation in standard from 5 x plus 3 y is equal to negative 15 What is the y -intercept?

A
open paren 0 comma negative 15 close paren
B
open paren 0 comma negative 5 close paren
C
open paren 0 comma 5 close paren
D
open paren 0 comma negative 3 close paren
12

Rebecca recorded her monthly expenses on transportation for several months. She recorded these values $100, $110, $120, $120, $130, $140, $140, $150, $160, $160, $170 and $180. What is an accurate description of the data values that Rebecca used to create a box plot like the one shown? Expand Image

A
Minimum expense: $100 First quartile (Q1): $130 Median (Q2): $140 Third quartile (Q3): $150 Maximum expense: $180
B
Minimum expense: $100 First quartile (Q1): $110 Median (Q2): $140 Third quartile (Q3): $170 Maximum expense: $180
C
Minimum expense: $100 First quartile (Q1): $120 Median (Q2): $140 Third quartile (Q3): $160 Maximum expense: $180
D
Minimum expense: $110 First quartile (Q1): $120 Median (Q2): $140 Third quartile (Q3): $160 Maximum expense: $170
17

Which category contributes the most to Mike's income?

A
Online Streaming
B
Concert Tickets
C
Merchandise
D
Album Sales
19

What does the point of intersection of the two online course pricing strategies represent?

A
The cost of the most expensive supplementary material.
B
The number of supplementary materials where both courses cost the same.
C
The base price difference between the two courses.
D
The average cost of supplementary materials.
21

Which employee did not have the same dollar amount in sales for the month of February as the other two employees?

A
Employee #3
B
Employee #1
C
Employee #2
D
They each had the same dollar amount in sales.

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