McMaster University
MATH 2UU3
Math 2UU3 * TEST 4
Day Class Dr M. Lovri´ c
Duration of Test: 60 minutes
McMaster University, 28 November 2017
Last (Family) Name (PLEASE PRINT):
First Name (PLEASE PRINT):
Student No.:
This test has 6 pages, 40 points maximum. Calculators allowed: Casio fx991MS
or fx991MS PLUS, or similar (i.e., no graphing capabilities).
If some piece
...[Show More]
Math 2UU3 * TEST 4
Day Class Dr M. Lovri´ c
Duration of Test: 60 minutes
McMaster University, 28 November 2017
Last (Family) Name (PLEASE PRINT):
First Name (PLEASE PRINT):
Student No.:
This test has 6 pages, 40 points maximum. Calculators allowed: Casio fx991MS
or fx991MS PLUS, or similar (i.e., no graphing capabilities).
If some piece of information is missing, you must decide on its value.
1. Circle ONE answer, or fill in the blank. No justification is needed.
(a)[2] The numbers below represent an APR and the corresponding effective rates when
compounded quarterly, monthly, and daily. Which one is the monthly effective rate (i.e.,
obtained when APR is compounded monthly)?
(A) 0.15 (B) 0.1608 (C) 0.1586 (D) 0.1618
(b)[2] Standard deviation measures in a
data set.
(c)[2] The number A is the 75-th percentile in the data set S. This means that
(A) 75 % of the values in S are larger than A
(B) 25 % of the values in S are smaller than A
(C) 75 % of the values in S are smaller than A
(D) A is the first quartile of the data set S
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