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SACE Stage 2 General Mathematics Topics 3 to 5: exam-style practice quiz

12 questions. Pick an answer and you'll see why right away. Options are shuffled each attempt, and the review at the end links each missed question to the dot point to revise.

  1. A courier company wants to predict the cost of a delivery from its distance. In a bivariate analysis:

  2. A scatter plot shows a strong linear trend except for one point far from the others. What is true about removing it?

  3. The least-squares line for the price of apartments (PP, in thousands of dollars) against floor area (AA, square metres, data from 45 to 150) is P=85+6.2AP = 85 + 6.2A. The best comment on the intercept is:

  4. The value of a machine is modelled by V=500×0.85tV = 500 \times 0.85^t (thousands of dollars), where tt is in years. Which interpretation is correct?

  5. Lena scored 64 in a Biology test with mean 55 and standard deviation 6, and 72 in a Chemistry test with mean 60 and standard deviation 10. Which statement is correct?

  6. Bag masses are normally distributed with mean 60 g and standard deviation 4 g. The approximate percentage of bags between 52 g and 68 g is:

  7. An investor has an interest-only loan and also makes regular deposits into a sinking fund. What is the purpose of the sinking fund?

  8. A borrower switches from monthly repayments to fortnightly repayments of half the monthly amount. What is the main effect?

  9. A retiree wants to withdraw $2000 at the end of each month for 10 years from an account earning 4.8 percent per annum, compounded monthly, leaving nothing at the end. How much must be invested now?

  10. In a project, tasks A (3 days) and B (5 days) have no predecessors, C (4 days) follows B, D (2 days) follows A and B, and E (6 days) follows C and D. The critical path is:

  11. In the project described in the previous question, why is a dummy link needed when drawing the network?

  12. A manager wants to assign four sales staff to four regions to maximise total expected profit. How should the profit table be prepared for the Hungarian algorithm?

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