MNGT 501 part 1 practice questions

Q1. What is 20% of 140?

A: 20
B: 28
C: 36
D: 56
E: None of the above
Q2. What percentage of 20 is 3?
A: 0.15%
B: 0.2%
C: 15%
D: 20%
E: None of the above
Q3. How much would 12 DVDs cost at 5 each plus 20% VAT?
A: 60
B: 65
C: 70
D: 75
E: None of the above
Q4. A manufacturing company sets the sale prices of its items so that the raw material costs
are 40% of the sales price. If the raw materials for an item cost 30, what will the sales price
be?
A: 12
B: 42
C: 50
D: 75
E: None of the above
Q5. A call centre measures the length of time that each caller has to wait until their call is
answered. What type of data is this?
A: Quantitative continuous
B: Quantitative discrete
C: Qualitative nominal
D: Qualitative ordinal
E: None of the above
Q6. In an online survey of the service provided by a hotel, customers are asked to rate the
service as either: excellent, good, average, poor, very poor. What type of variable is the
service rating?
A: Numerical with an interval scale
B: Numerical with a ratio scale
C: Numerical with an ordinal scale
D: Categorical and nominal
E: Categorical and ordinal
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Q7. A retail store collected data on the colours of plain polo shirts purchased by customers.
They recorded data using the numbers 1 to 5 as follows: 1 = white, 2 = blue, 3 = green, 4 =
red, 5 = black. Which measures of the centre of data make sense for this data?
A: Only the mean
B: Only the median
C: Only the mode
D: The median and the mode
E: The mean, median and mode
Q8. A student was asked to estimate the average engine capacity of all motor vehicles in the
UK. She therefore visited a large city centre car park near her home and wrote down the
engine capacity of every tenth car in the car park. The total number of observations obtained
was 50. All except one of the following could cause bias in her sample. Which could not be a
cause of bias?
A: The city's inhabitants may be richer than average
B: Lorries are not allowed in that car park
C: The sample size is very small compared to the total population
D: The car park is the most expensive in the city
E: She took her sample at about 10 p.m.
Q9 Q11 A supermarket counted the number of items bought by customers. The number of
items bought by each of the first 6 customers were: 10, 25, 4, 12, 7, 14. Use this data to
answer questions 9-11:
Q9. The mean number of items is (to 1 decimal place)
A: 12.0
B: 12.5
C: 15.5
D: 72.0
E: None of the above
Q10. The median number of items is (to 1 decimal place):
A: 8.0
B: 9.5
C: 10.0
D: 12.0
E: None of the above
Q11. The range of the number of items is:
A: 15
B: 17
C: 19
D: 21
E: None of the above
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Q12. Which one of the following is the best description of what the standard deviation
measures?
A: The centre of the data
B: The range of the data
C: The typical variation of the middle half of the data
D: The typical variation of all the data
E: The linearity of the data
Q13 Q15. The following table shows the number of different types of cars sold by a garage
in 2010 and 2011:
2010
2011
Small
278
305
Family
425
294
MPV
160
155
Sports
114
82
Q13. The percentage change in the number of sports cars sold from 2010 to 2011 was
(to the nearest percent):
A: -28%
B: -18%
C: -10%
D: 5%
E: None of the above
Q14. The percentage of family cars sold in 2011 out of the total cars sold in 2011 was
(to the nearest percent):
A: 5%
B: 12%
C: 25%
D: 35%
E: None of the above
Q15. The garage has decided to draw two charts of the data for 2011. It wants chart 1
to show clearly the differences in sales for the types of car. It wants chart 2 to show
clearly the proportion out of the total sales for each type of car. Which one of the
following would be the best choice of charts to use?
A: Chart 1: bar chart. Chart 2: pie chart
B: Chart 1: histogram. Chart 2: pie chart
C: Chart 1: pie chart. Chart 2: bar chart
D: Chart 1: pie chart. Chart 2: histogram
E: Chart 1: histogram. Chart 2: bar chart
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Q16. A call centre recorded the length of time that callers had to wait for a sample of phone
calls. The data is summarised in the following table:
Frequenc
Time (seconds)
y
0-30
10
30-60
15
60-90
12
90-120
6
120-180
4
The call centre then drew a histogram of this data. Note that the last category of 120-180 is
wider than the other categories.

Which of the above histograms is the correct one?

A: Histogram A
B: Histogram B
C: Histogram C
D: Histogram D
E: Histogram E
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Q17.

The above stacked column chart shows the monthly project costs for an IT project split into
three categories: system design, equipment, and installation. What percentage of the total
costs were equipment costs?
A: 15%
B: 20%
C: 25%
D: 30%
E: None of the above
Q18. An Excel spreadsheet has the number of items sold in cell B2 and the sales price in cell
C2. The user of the spreadsheet wants to calculate the number of items multiplied by the sales
price and put the answer in cell D2. What Excel formula should be used in cell D2?
A: =B2xC2
B: =B2*C2
C: B2xC2
D: B2*C2
E: B2^C2
Q19. An Excel spreadsheet has the following formula in cell C2: =B2/$B$6. This formula is
then copied to cell C3. What will the formula be in cell C3?
A: =B2/$B$6
B: =B2/$B$7
C: =B2/$C$6
D: =B3/$B$6
E: =B3/$B$7

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