Money Matters
This document shows how much money was earned and taken out for taxes and deductions.
What is a pay stub?
This type of cyberattack often pretends to be a trusted email or website.
What is phishing?
This statistic represents the average of a data set.
What is the mean?
You receive a text saying your bank account is locked and asking you to click a link immediately. What should you do first?
What is “do not click the link and verify with the bank directly”?1
Money borrowed from a bank or lender.
What is a loan?
This banking account is designed more for spending money than saving it.
What is a checking account?
A password like “123456” is weak because it lacks this important quality.
What is complexity (or strong password security)?
In baseball, this statistic measures how often a player gets on base.
What is on-base percentage (OBP)?
A basketball player scores 40 points one night and 5 the next. What concept describes this inconsistency?
What is variability (or inconsistency/spread)?
Software designed to damage or disrupt a computer system.
What is malware?
This is the fee charged for borrowing money on a credit card or loan.
What is interest?
This security feature requires both a password and a second verification step.
What is two-factor authentication (2FA/MFA)?
A normal distribution is often described as having this shape.
What is a bell curve?
You can only afford either a gaming console now or saving for a car later. What economic concept is involved in this choice?
What is opportunity cost?
The amount of money left after taxes are deducted from a paycheck.
What is net income (or net pay)?
This number summarizes how trustworthy a borrower appears to lenders.
What is a credit score?
Public Wi-Fi can be risky because other users may be able to do this to your data.
What is intercept or steal your information/data?
A statistician uses this measure to describe how spread out data values are from the mean.
What is standard deviation?
A quarterback has excellent stats against weak teams but struggles against strong defenses. Why might context matter when evaluating the data?
What is statistics need context?
or
Opponent strength affects interpretation?
A scam attempt that manipulates people into revealing information or making unsafe choices.
What is social engineering?
This financial practice involves spreading money across different investments to reduce risk.
What is diversification?
This process converts readable information into coded data to protect privacy.
What is encryption?
According to the Empirical Rule, about this percent of data falls within 2 standard deviations of the mean.
What is 95%?
An athlete’s scoring average is high, but their shooting percentage is low. What kind of statistic might be more useful?
What are efficiency stats?
The mathematical measure of how likely an event is to occur.
What is probability?