Nursing Elites

1. How much did he save from the original price?

• A. $170
• B. $212.50
• C. $105.75
• D. $200

Correct answer: B

Rationale: To calculate the amount saved from the original price, you need to subtract the discounted price from the original price. The formula is: Original price - Discounted price = Amount saved. In this case, the original price was $850, and the discounted price was $637.50. Therefore, $850 - $637.50 = $212.50. Hence, he saved $212.50 from the original price. Choice A ($170) is incorrect as it is not the correct amount saved. Choice C ($105.75) is incorrect as it does not match the calculated savings. Choice D ($200) is incorrect as it is not the accurate amount saved based on the given prices.

2. When the sampling distribution of means is plotted, which of the following is true?

• A. The distribution is approximately normal.
• B. The distribution is positively skewed.
• C. The distribution is negatively skewed.
• D. There is no predictable shape to the distribution.

Correct answer: A

Rationale: When the sampling distribution of means is plotted, the distribution tends to be approximately normal, especially as the sample size increases. This phenomenon is described by the Central Limit Theorem, which states that the sampling distribution of the sample mean will be normally distributed regardless of the shape of the original population distribution as long as the sample size is sufficiently large. Choices B and C are incorrect because sampling distributions of means are not skewed. Choice D is incorrect because there is a predictable shape to the distribution, which is approximately normal.

3. In the winter of 2006, 6 inches of snow fell in Chicago, IL. The following winter, 3 inches of snowfall fell in Chicago. What was the percent decrease in snowfall in Chicago between those two winters?

• A. 69.40%
• B. 59.00%
• C. 41.00%
• D. 24.70%

Correct answer: C

Rationale: To calculate the percent decrease in snowfall between the two winters, use the formula: Percent Decrease = ((Initial Value - Final Value) / Initial Value) * 100. In this case, the initial value is 6 inches and the final value is 3 inches. Plug these values into the formula: ((6 - 3) / 6) * 100 = (3 / 6) * 100 = 0.5 * 100 = 50%. Therefore, the correct answer is 50%, which is not listed among the choices provided. Among the given choices, the closest percentage is 41.00%, which corresponds to choice C.

4. Solve the system of equations. Equation 1: 2x + y = 0 Equation 2: x - 2y = 8

• A. (1.8, 3.6) and (-1.8, -3.6)
• B. (1.8, -3.6) and (-1.8, 3.6)
• C. (1.3, 2.6) and (-1.3, -2.6)
• D. (-1.3, 2.6) and (1.3, -2.6)

Correct answer: B

Rationale: From Equation 1: 2x + y = 0. Solve for y: y = -2x. Substitute y = -2x into Equation 2: x - 2(-2x) = 8. Simplify to x + 4x = 8, then 5x = 8, and x = 8 ÷ 5 = 1.6. Substitute x = 1.6 back into y = -2x to find y = -3.2. Therefore, one solution is (1.6, -3.2). To find the second solution, use -1.6 for x to get (-1.6, 3.2). Thus, the correct answer is B, representing the solutions (1.8, -3.6) and (-1.8, 3.6). Choices A, C, and D contain incorrect values that do not match the solutions derived from solving the system of equations.

5. A man decided to buy new furniture from Futuristic Furniture for $2,600. Futuristic Furniture gave the man two choices: pay the entire amount in one payment with cash, or pay $1,000 as a down payment and $120 per month for two full years in the financing plan. If the man chooses the financing plan, how much more would he pay?

• A. $1,480 more
• B. $1,280 more
• C. $1,600 more
• D. $2,480 more

Correct answer: B

Rationale: To calculate the total cost with the financing plan, multiply $120 by 24 months to get $2,880. Adding the $1,000 down payment gives a total of $3,880. By comparing this total with the initial cost of $2,600 when paying in cash, the man would pay $1,280 more with the financing plan. Choice A, $1,480 more, is incorrect because it miscalculates the additional amount. Choice C, $1,600 more, is incorrect as it overestimates the extra cost. Choice D, $2,480 more, is incorrect as it significantly overstates the additional payment.

Similar Questions