Exam 4: Mathematics Statistics

An employee performance appraisal system operates on a 5 point scale with a weighted average based on the following: Supervisor evaluation 50%, co-worker evaluations 10%, employee self evaluation 20%, performance data 20%. What is the weighted average or score for any employee's performance who receives the following scores: Supervisor: 4.5, co-workers: 4.5, self: 4.25, performance data: 3.75?

Your manager has stated the department goal of increasing annual sales numbers by 23% for the next year. If your year one sales were $17,550,000, in order to meet this goal, your sales in year two must be at least:

You are driving to a meeting 890 miles away and have estimated an average travel rate of 60 mph. Approximately how long will it take you to reach your destination?

Capital budgeting usually involves discounting future cash flows to the current period. If the interest rate is 10 percent per year, what is the current value of a project with $1,000 investment today and $2,200 cash inflow the following year?

A computer program that runs an alarm system which automatically notifies the police if a door or window is opened, and 15 seconds pass without the disarm code being entered, is designed using:

You are developing official forms for a target population. In conducting research, you gather data about your target population from a random sample. This data includes race, gender, and family status. This type of variable is known as:

Extrapolation is a process that is reasonably reliable for short term use in:

If asked to provide the quotient of your division's clocked work hours (Hours) and the number of division employees (Employees), the answer would be calculated by which of the following formulas?

Your division employs 5300 employees. 15% of these employees are considered management level. How many employees does your division have in the non-management category?

What is the relative tax advantage of corporate debt, assuming a corporate tax rate of 40 percent, a personal tax rate of 27 percent, and that all equity income escapes taxation?

During the previous year, 110 on the job accidents were reported. Your department has established a goal of decreasing the total number of on the job accidents by 75%. During the next year, 82 accidents are reported. How did your department perform in relation to your goal?

A business owner expects fixed costs of 12,000, variable costs of 20 per unit produced, and a total amount sold of 60 units. What is the minimum price the owner has to charge per unit in order to break even?

Your department consists of twelve employees and your total payroll expense for salaries only is $325,000. The organization's average salary is $36,000. What is the relation of your department's average salary to the organization's average?

When analyzing the performance of each division in your organization in regards to sales quotas, you would look at the standard deviation of each division to determine:

Consider the following formula for annual compound interest: F = P(1+I)N F = Future Value P = Principal I = Interest rate N = Number of Years Which scenario would represent the largest return? 1) Invest $100 for 5 years at 6% 2) Invest $200 for 4 years at 5% 3) Invest $300 for 2 years at 5% 4) Invest $400 for 4 years at 2%

If you were presented with the following set of numbers representing employee hourly rates, which answer choice would provide the mean, median, and mode of those rates in consecutive order? 10)50, 12.00, 15.00, 12.00, 13.75, 22.00, 13.50

If you are traveling 100 miles in a vehicle that gets 30 mpg, how many liters of gas would you need if the conversion ratio for a gallon to a liter is 1 = 3.785?

A company's cost of equity is 12 percent and its debt ratio is 30 percent. The cost of debt is 7.5 percent and the tax rate is 35 percent. What is the firm's weighted average cost of capital?

If you travel to Mexico while the exchange rate from U.S. dollars to pesos is $1 = 10.85, what would be your total expenditure in U.S. dollars for two nights in a hotel at 550 pesos per night, six meals at 78 pesos each, and four cab rides at 84 pesos each?

You are purchasing some rope for a project. The directions indicate that you will need 23.5 meters. If you convert this to a commonly used unit of measurement in the United States, you will need to buy: