Quantitative Reasoning

Question 1

What should you do if the answer options are numerically far apart?

Answer 1

Round your answers mid calculation to save time

Question 2

How should you use the eyeballing data technique to answer these questions

Answer 2

Look at the headings of the data to understand what its about
Go immediately to the question to find what it wants you to work out
Complete the question

Question 3

What should you do when running out of time

Answer 3

Guess flag and move on
Eg- tax questions are time consuming

Question 4

What should you remember to manage your time well

Answer 4

The questions aren’t made for you to answer them all- many are time consuming on purpose so just guess flag and move on.

Question 5

What does the mean mean and how do you calculate?

Answer 5

The mean average of a data set
Add all data points and divide by the total number of numbers

Question 6

What does the median mean and how do you calculate it?

Answer 6

The middle value- the midpoint when the data set is arranged in order

Question 7

What is the mode and how do you calculate it?

Answer 7

The value that appears the most often
The most common number

Question 8

What is the weighted mean?

Answer 8

Some data points contribute to the average more than others

Question 9

How to calculate weighted mean

Answer 9

Weighted mean= (sum of (number x weighing factor)) divided by the sum of all the weights

Question 10

How do you work out compound interest?

Answer 10

Final amount= og amount x (1 + (interest rate in a given period/100))^number of times the rate is applied