Nursing Elites

1. When rounding 245.2678 to the nearest thousandth, which place value would be used to decide whether to round up or round down?

• A. Ten-thousandths
• B. Thousandths
• C. Hundredths
• D. Thousand

Correct answer: A

Rationale: When rounding a number to the nearest thousandth, you look at the digit in the ten-thousandths place to determine whether to round up or down the digit in the thousandths place. In this case, rounding 245.2678 to the nearest thousandth, the digit in the ten-thousandths place is 6, which is greater than or equal to 5, so you would round up the digit in the thousandths place. Therefore, the correct answer is the ten-thousandths place. Choices B, C, and D are incorrect because they do not directly influence the rounding of the thousandths place in this scenario.

2. Erma has her eye on two sweaters, one for $50 and one for $44. With a sale of 25% off the cheaper item, what will she spend?

• A. 79
• B. 81
• C. 83
• D. 85

Correct answer: A

Rationale: Erma pays full price for the $50 sweater and gets 25% off the $44 sweater. 25% of $44 is $11, so she pays $33 for the second sweater. Therefore, the total amount Erma spends is $50 (first sweater) + $33 (second sweater) = $79. Choices B, C, and D are incorrect as they do not correctly calculate the total amount Erma would spend on both sweaters.

3. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

• A. $43,333.33
• B. $86,666.67
• C. $52,000.00
• D. $78,000.00

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

4. At a car dealership, employees earn a monthly base salary of $2,000 plus 3% commission on total sales. If an employee makes $5,000 in sales, what will their total monthly earnings be?

• A. $2,500
• B. $2,150
• C. $2,100
• D. $2,300

Correct answer: A

Rationale: To calculate the total monthly earnings, we first find the commission earned on $5,000 sales, which is 3% of $5,000 = $150. Adding this commission to the $2,000 base salary gives a total of $2,000 + $150 = $2,150. Therefore, the correct total monthly earnings are $2,500. Choice B ($2,150) is incorrect because it only includes the base salary and the commission but miscalculates the total. Choices C ($2,100) and D ($2,300) are also incorrect as they do not account for the correct calculation of the commission on sales.

5. Which of the following best describes the relationship in this set of data?

• A. High positive correlation
• B. Low positive correlation
• C. Low negative correlation
• D. No correlation

Correct answer: B

Rationale: The correct answer is 'B: Low positive correlation.' In a low positive correlation, the variables tend to increase together, but the relationship is not strong. This description fits the data set provided. Choice A, 'High positive correlation,' is incorrect because the correlation is not strong. Choice C, 'Low negative correlation,' is incorrect as the variables are not decreasing together. Choice D, 'No correlation,' is incorrect because there is a relationship between the variables, albeit weak.

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