If the trend below continues, which of the following is the best estimate of the average price of a home in 2016?
$155,000
$120,000
$125,000
$140,000
Correct Answer : D
Looking at the given trend, it is observed that the price increases with years. From 2008 to 2012, the price is fairly constant but we expect it to be more than $130,000 in the year 2016. The expected price in 2016 is $140,000.
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Related Questions
Correct Answer is A
Explanation
We are given that 1 teaspoon=4.93 mL, we can interpret it as:
Or
Since we are to find the amount in mL, we look for an option that will cancel teaspoon and remain with mL. The second option is the required conversion, and we proceed as follows:
Therefore, 2.5 teaspoons hold about 12.325 mL.
Correct Answer is D
Explanation
We convert the given weight in pounds to ounces and find total weight. 1 pound=16 ounces, which we interpret as
Or
Use the second option to convert pounds to ounces
Now, we can ounces to ounces as: 48 oz + 5 oz= 53 oz
Therefore, 3 pounds, 5 ounces is equal to 53 oz
Correct Answer is D
Explanation
We solve the problem by first finding the amount of gallons needed for the whole trip then find the cost of the gallon.
The car uses 1 gallon to cover 25 miles, which is same as:
Now, in 3000 miles, the car will use how many gallons of gasoline?
A trip of 3000 miles will need 120 gallons. And to find the cost of 120 gallons, we proceed as follows:
The family will spend $199.20 to drive for 3000 miles.
Correct Answer is A
Explanation
all products represent 100%. Then, the portion of defect products is:
0.0025 of 100%
‘of’ means multiply
0.0025 *100%=0.25%
Correct Answer is A
Explanation
Let xxx be the amount the friend paid for their car. The problem states:
48,000=2x−2,000
Step 1: Solve for x
Add 2,000 to both sides:
48,000+2,000=2x
Divide by 2:
x=25,000
Correct Answer is D
Explanation
The mean is the total divided by the number of elements in the data set. From the given data set:
Total=30+29+28+30+24+12+26+33+25+23=260
Number of items, N=10
Mean=total/N=260/10=26
The mean is 26.
Correct Answer is C
Explanation
We need to perform a series of numerical dimensional analysis to find the number of bags sugar needed for 300 people.
We are told that 50 people need 4 cups of sugar. This can be interpretated as:
Or
Also, one bag of sugar contains 6 cups. This can also be presented as:
Or
We use the second option relating number of people and cups, and second option relating cups of sugar and bag of sugar to find for number of bags of sugar needed for 300 people.
Â
Therefore, 300 people will need 4 bags of sugar.
Correct Answer is D
Explanation
The given ratio of yoghurt to toppings is 4:3, meaning:
Yoghurt : toppings =4 : 3
We are given 4.5 oz of toppings and need to find the amount of yoghurt.
Step 1: Set up the proportion
=
Step 2: Solve for yoghurt
Multiply both sides by 4.5:
yoghurt=43×4.5
yoghurt=4×4.5/3=18/3=6oz
Correct Answer is B
Explanation
A dependent variable is one that when another variable changes, it also changes. In our case, the insurance premium changes if the age, model, mileage of car changes. Thus, insurance premium is the dependent variable while the other three are independent variable.
Correct Answer is D
Explanation
we use the US customary system of units’ equivalent to convert from yards to inches. We know that 1yard=3 ft, and 1 ft =12 inches.
First, convert 2 ¾ into an improper fraction.
Then,
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