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Question # 4

Twelve percent of your workforce of 9,500 lives in France. How many people in your workforce live in France?

A.

962

B.

1,000

C.

1,140

D.

1,212

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Question # 5

An employee earning 50,000 annually contributes 8% of his/her salary to a voluntary savings plan in the first year of participation. Excluding investment earnings, how much is in this employee's account at the end of the first year?

A.

2,000

B.

4,000

C.

5,500

D.

8,000

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Question # 6

George & Kevin agree to job share. George will work two 10-hour days and Kevin will work three 7-hour days. What percent of the total weekly hours is George going to work?

A.

39.5%

B.

50%

C.

48.8%

D.

51.2%

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Question # 7

Market based pay = Intercept + (slope) x (job worth). You have collected data and have quantified your model as follows: y = 15000 + 50x. The value of 15,000 in the model represents which of the following?

A.

The slope of the line

B.

The point where the line of best fit crosses the x-axis corresponding to a y-value of zero

C.

The mean for y

D.

The intercept for the line of best fit

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Question # 8

Why do we sample?

A.

Because samples are more accurate than populations

B.

Because of the lack of time and money

C.

Because computers only work with sample data

D.

Because population data are unreliable

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