Data Analysis
Data Analysis
Finance
Matrices
100

An elephants log weight is 3.4. What is the actual weight, round to the nearest whole number?

2512kg

100

The temperature of a room is measured at hourly intervals throughout the day. The most appropriate graph to show how the temperature changes from one hour to the next is:

A. boxplot

B. stem plot

C. histogram

D. time series plot

E. two-way frequency table

D. time series plot

100

If the annual interest rate is 4.8%, what is the monthly interest rate?

0.4%

100

If there is no unique solution in 2 simultaneous equations. Why might this be?

The det = 0

200

A group of Year 12 students recorded the number of hours spent watching Netflix. The times were approximately normally distributed with a mean of 10.8 hrs and sx of 1.5 hrs. What is the percentage of students who watched between 9.3 hours and 13.8 hours of Netflix, answer to 1 decimal place.

81.5%

200

The variables recovery time after exercise (in minutes) and fitness level (below average, average and above average)

A. both numerical respectively

B. both categorical respectively

C. Numerical and nominal respectively

D. Numerical and ordinal respectively

D. Numerical and ordinal respectively

200

What is a perpetuity?

An investment that will never diminish. IN = OUT

200

On a Friday morning, Matrix G shows that 18 cake, 12 cookies and 64 coffees were sold at a cafe. Matrix G is a 1x3 matrix. Matrix H shows the cost of each item sold on Friday morning. To find the total value of the sales at the cafe on Friday morning, what is the order of Matrix H?

H= 3 x 1

GH = 1 x 3 and 3 x 1 = 1x1 (total) 

300

On a Maths test, you achieved 65, the mean was 55 and the standard deviation was 5. What is your z score and how did you place in terms of your class?

+2 and top 2.5%

300

This is another name for the r value when looking at scatterplots.

Pearson's correlation coefficient

300

How many times is an account compounded if it is compounded every 3 months for 5 years?

 20

300
Matrix A is a 3 x 2, if B x A = A. What is the order of Matrix B and what type of Matrix is Matrix B?

3 x 3 and identity matrix

400

If the coefficient of determination is 64.5%. The association between the two variables can be described as strong, positive, linear. What is the value of r, round to 2 decimal place?

0.80

400

The possible transformations used when trying to linearise data the represents the top right part of a circle.

 y squared or x squared

400

What type of recurrence relation is this?                  Vo= 300  Vn+1= .88Vn

Reducing balance depreciation

400
If you are given the matrices S0 and T, Sn+1= TS0. How do you try to find the values in the matrices in the long term?

T20 x S0  and T21 x S0 etc.. must be same values in subsequent matrices.

500

If there are 4 storms in December, 10 storms in January, 12 in February and 6 in March. What is the 3 moving mean for the February, round your answer to 2 decimal places?

9.33

500

What would be the most appropriate graph to show the association between the monthly median rainfall, in millimetres, and month of the year (January, February, March)?


Parallel boxplots

500

George invests $500 000 into a perpetuity that will compound monthly and provide a monthly income without using any of the initial investment. If the interest rate for the perpetuity is 6% per annum, what monthly payment will George receive?

$2500

500
Matrix M is a 5 x 2 Matrix and Matrix B is a 5 x 2 Matrix. Why is it not possible for (A+B)to be defined?
You can add the matrices as they are the same order but you cannot square a 5 x 2 Matrix. You can only square, square matrices. The number of rows and columns need to be equal.