Discrete Models
Financial Models
Statistics
Surprise Me
100

What does LST stand for?

Latest Starting Time

100
Identify two assumption in this scenario:

Lateesha invests $4,300 with Bank SA for 3 years at 2.8% pa compounded monthly. How much interest does she earn?

No additional repayments
Interest rate stays same
No fees
etc.

100

What is the general form of an exponential equation that we have studied?

y = a x bx

100

What is the biggest kangaroo in Australia?

A. Western Grey
B. Eastern Grey
C. Red
D. Northern

C. Red

200

What is the rule for slack time?

LST - EST

200

What is the formulae for tax payable on an investment?

Tax payable = Marginal tax rate x Interest earnt

200

What are generally more reliable, extrapolations or interpolations?

Interpolations

200

Assuming you spend 200 days at school per year, how many days at school has a typical South Australian year 12 student completed when they graduate high school?

2600

300

What is the first step when using the Hungarian Algorithm to maximise a solution?

Find the maximum number on the array, and subtract all numbers from that number.

300

What is the formulae for interest payable for an interest only loan?

I = P x R x T
300

A general line of best fit is y = ax+b.
Explain how the a value (slope) can be interpreted in this scenario:
The predicted grade  (Y %) for a year 12 student who studies x hours for their exam can be modelled by:

y = 2.44x + 32

For every hour of study, their grade would increase by 2.44%.

300

What is the capital city of Singapore?

Singapore

400
Describe what is meant by 'critical path'.

Many solutions...

The longest path through a network.

Where EST = LST

The path that causes the minimum completion time to be found.

400

What is the formulae for the total cost of a sinking fund?

Total deposited in sinking fund  +   total interest payable

400

When are extrapolations reliable?

When there is a high r2 and it is just outside the boundaries.

400

What game shows has Mr Worley appeared on?

The Chase

Hotseat Millionaire

500

If a task that is not on the critical path is delayed, does it affect the overall minimum completion time?

MAYBE - we are not sure. If the delay is longer than the slack time then YES it will delay the overall event.

(NO is not a correct response!)

500

What you type into your calculator for this?
Perry currently has $4,000 in her superannuation account when she starts work at age 23 at the State Government on $75,000 pa. Her employer contributes 9.5% of her salary per quarter into her superannuation account which compounds quarterly at 8.4%. How much will her superannuation balance be when she retires at age 67?

n=(67-23) x 4
I = 8.4
PV = -4000
PMT = (75000 x 0.095 x (1/4))
FV = ?
P/Y=C/Y=4

500

Coca-Cola bottles are normally distributed with a mean of 601mL and standard deviation of 0.4mL. Pepsi Max bottles are also normally distributed with a mean of 602mL and a standard deviation of 0.8mL.

Describe the Pepsi Max graph when compared to the Coca-Cola graph. (3 key aspects)

Flatter, Lower, further to the right

500

How many amazing (yes you are all amazing) Year 12 students has Mr Worley been able to teach General Maths in 2018?

25