Ch. 17 Math Review and Statistics

What is the mode of the following set of numbers (57, 90, 70, 68, 61, 62)? A) 62 B) 65 C) 68 D) there is no mode

D) there is no mode

In the following set of numbers (18, 26, 29, 18, 44) what is the median? A) 26 B) 27 C) 18 D) 24

A) 26

The median price of homes sold in your county six months ago was $209,000. Prices have been increasing at the rate of 8% per year. What is the median price of homes today? A) $214,580 B) $217,360 C) $222,344 D) $245,720

B) $217, 360

The median price of homes sold in your county six months ago was $209,000. Prices have been increasing at the rate of 8% per year. What is the median price of homes today? A) $214,580 B) $217,360 C) $222,344 D) $225,720

B) $217,360

What is 16.9% of 112,456.25? A) 12,359.11 B) 19,005.11 C) 22,222.22 D) 24,168.90

B) 19,005.11

In the following set of numbers (18, 26, 29, 18, 44) what is the mean? A) 26 B) 27 C) 18 D) 30

B) 27

What is the median of the following set of numbers (57, 90, 70, 68, 61, 62)? A) 62 B) 65 C) 68 D) 72

B) 65

You bought a property 2 years ago for $400,000. You sold it today for $376,000. What was your average percent of loss per year? A) 1.87% B) 2.45% C) 3.00% D) 8.00% Percent Change. $400,000 - $376,000 = $24,000. $24,000 ÷ 400,000 = .06. .06 ÷ 2 = .03

C) 3.00%

What is the mean of the following set of numbers (57, 90, 70, 68, 61, 62)? A) 64 B) 65 C) 68 D) 72

C) 68

You borrow $144,000 for 30 years and the interest rate is 6.2%. The lender requires you to pay 1.5 points at the closing. How much do you have pay for the points? A) $1,500 B) $1,800 C) $2,040 D) $2,160

D) $2,160