Marketing Essentials

Chapter 7: Basic Math Skills

Self-Checks

1
What are fractions?
A)Numbers used to describe or compare parts of a whole
B)The combination of a numerator and denominator
C)Another way to write a decimal number
D)All of the above
2
What are statistics used for?
A)To describe and summarize data
B)To measure distance
C)To figure out percentages
D)To convert decimals to percentages
3
A graphic representation of data that uses a line that connects points and shows variations over time is called
A)a bar graph
B)a pie chart
C)a line graph
D)a circle graph
4
Mean, median, and mode are
A)A way of estimating a central tendency in statistics
B)Calculations based on statistical data
C)A way to figure how data is distributed
D)All of the above
5
20% of 14.95 is
A)149.5
B)2.99
C)1.495
D)0.299
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