AMS 104 Midterm Questions Fall 2024 Form B

Place each answer on a separate worksheet.

1 Use a spreadsheet to find the following.

The population of a particular country is 400,000 in the beginning of year 2

a) If the growth rate is 0.5% during 2021 what will the pop

b) If the population declines by 2.5% during 2022, what w

c) If the population grows by 1.75% during 2023, what wi

2 a) Use the randbetween function to create a random day in 2026.

b) Create a function that adds 10,000 days to the random day from part (a

c) Determine the date 31,000 days from your birthday.

3 A person purchases four products.

50 light bulbs which cost $2.59 each
25 extension cords which cost $4.79 each
350 feet of wire which costs 0.25 per foot
150 connectors which cost $0.69 each
Tax is 6%. Compute the total amount of the sale including tax.

Item Quantity/Amount
Light Bulbs
Extension Cords
 Wire
Connectors

Tax

Amount Due

4 A car is going to be purchased for $50,000.

a) If a down payment of 25% is made, how much needs to be financed by

b) If the car loan is for 5 years at 7.25%, what is the montly payment?

c) What is the total of all of the payments?

d) What is the finance charge?

5 Salaries of 36 recent Stony Brook Graduates are earning the following ann

Find the following.

a) Average Salary

b) Median Salary

c) The sample standard deviation of the salaries

d) Create a box plot for the salaries. Determine if there are any outliers.
6 Find a solution for the given equation using Goal Seek

3x5 + 2x3 + x2 + 15,000 = 500,000

Round off answers to 3 decimal places.

7 RMC Training is trying to decide if it should sell a new type of training prod
The product will sell for $400 with variable cost of $200.

a) What is the breakeven point?

b) What is the profit/loss when 6,000 units are sold?
c) How many units must be sold to earn a profit of $2,000

8 Smart phone sales at a certain store are given below.

Apple
Day 1 10
Day 2 12
Day 3 10
Day 4 16
Day 5 11
Day 6 8
Day 7 11
Day 8 15
Day 9 14
Day 10 18
Day 11 10
 Day 12 12
Day 13 20
Day 14 21
Day 15 15

a) Create a time-based line chart for smart phones sold. Put the four graph

b) Create box plots for the number of smart phones sold over the 15 day p

9 a) Create a column that is labeled Day 1, Day 2, up to Day 30.

b) Create a column that gives Machine 1 output. Use random numbers from
Create another column that gives Machine 2 output. Use random numbers
The columns should be labeled as follows.

c) Copy and Paste the values for the Machine data.

d) Create a time based side by side bar chart for the data.

10 The NY State Parks Department want to keep track of the number of peop
They are interested in seeing how the number of people at the beach chan
The data collected is given below.

a) Create a scatter plot for the data below. Make sure it is well labeled.
b) Create a linear trend line.
c) Predict the number of beach visitors when the Average Daily Temperatu

Average Daily Temperature (°F)

82
 84
86
86
88
87
89
92
94
94
96
90
99
80

11 a) Use the list below and create a function that inputs an Employer ID and

b) Use the list below and create a function that inputs an Employer ID and

Employer ID Birthdate
1 12/1/2001
2 1/1/2003
3 4/30/2003
4 5/13/2005
5 9/9/2006
6 10/5/1999
7 11/1/2000
8 5/20/2002
9 1/2/1997
10 3/14/1998
11 2/2/2003
12 2/15/2005
in the beginning of year 2021.

ng 2021 what will the population be at the end of 2021?

.5% during 2022, what will the population be at the end of 2022?

5% during 2023, what will the population be at the end of 2023?

om day in 2026.

random day from part (a). Format the output as a short date.

ncluding tax.

Cost Total
 Total

needs to be financed by a car loan?

he montly payment?

earning the following annual salaries.

$64,084 $82,968 $92,548 $78,242

$95,107 $94,847 $53,612 $72,660
$66,785 $72,565 $53,441 $73,066
$75,171 $88,758 $71,867 $76,259
$50,937 $55,103 $89,084 $56,456
$98,992 $73,640 $99,569 $199,679

here are any outliers.

al places.

new type of training product. Fixed costs associated to the production of the product are estimated

000 units are sold?

to earn a profit of $2,000,000?
(a) (b) (c)
Amount Sold
Total Cost
Total Revenue
Profit

Samsung Motorola Google

9 3 8
8 5 8
9 2 13
10 6 5
8 4 10
8 3 14
9 2 11
12 7 5
10 6 15
6 8 8
7 10 12
 9 5 13
11 4 12
13 8 10
14 9 13

s sold. Put the four graphs on the same chart. Make sure it is well labeled.

es sold over the 15 day period. Put the four box plots on the same chart. Make sure it is well labeled.

p to Day 30.

Use random numbers from 100 to 200.

ut. Use random numbers from 75 to 225.

Day Machine 1 Machine 2

ck of the number of people that go to a West Hampton Beach during the summer.
people at the beach changes with the temperature.

sure it is well labeled.

Average Daily Temperature is 95.

Beach Visitors
80
 225
300
370
450
225
525
450
500
600
550
400
650
100

puts an Employer ID and outputs their Location.

puts an Employer ID and outputs their Birthdate

Hire Date Location Salary

9/1/2022 New York 85,000
9/1/2021 Texas 77,000
10/15/2009 New Jersey 85,500
12/1/2008 Long Island 72,300
8/30/2018 Florida 71,400
10/1/2021 New York 83,400
9/15/2022 Texas 60,500
8/25/2019 New York 89,000
3/15/2017 Florida 82,300
5/2/2018 Long Island 94,600
9/1/2020 New Jersey 85,000
10/1/2023 California 95,000
$77,632 $85,395
$77,702 $85,472
$70,660 $77,726
$65,243 $71,767
$71,497 $78,647
$65,364 $71,900
he product are estimated to be $1,000,000.
Make sure it is well labeled.
1
Use a spreadsheet to find the following.

The population of a particular country is 400,000 in the beginning of year 2021.

a) If the growth rate is 0.5% during 2021 what will the population be at the end

b) If the population declines by 2.5% during 2022, what will the population be

c) If the population grows by 1.75% during 2023, what will the population be a
ing of year 2021.

ulation be at the end of 2021? 420000

ill the population be at the end of 2022? 409500

l the population be at the end of 2023? 481163

2
a) Use the randbetween function to create a random day in 202 46023.00

b) Create a function that adds 10,000 days to the random day from part (a). Format

c) Determine the date 31,000 days from your birthday. 2/9/2090

 46387.00 12/17/2026

rom part (a). Format the output as a short da 5/4/2054

3
A person purchases four products.
50 light bulbs which cost $2.59 each
25 extension cords which cost $4.79 each
350 feet of wire which costs 0.25 per foot
150 connectors which cost $0.69 each
Tax is 6%. Compute the total amount of the sale including tax.

Item Quantity/Amount Cost Total

Light Bulbs 50 $2.59 $129.50
Extension Cords 25 $4.79 $119.75
Wire 350 $0.25 $87.50
Connectors 150 $0.69 $103.50
Total $440.25

Tax $26.42

Amount Due $466.67

4
A car is going to be purchased for $50,000.

a) If a down payment of 25% is made, how much needs to be financed by a car loa

b) If the car loan is for 5 years at 7.25%, what is the montly payment?

c) What is the total of all of the payments?

d) What is the finance charge?

inanced by a car loan? $37,500

$746.98

$44,818.56

$7,318.56
5
Salaries of 36 recent Stony Brook Graduates are earning the following annual salar

$64,084 $82,968 $92,548

Find the following. $95,107 $94,847 $53,612
$66,785 $72,565 $53,441
a) Average Salary $75,171 $88,758 $71,867
$78,735 $50,937 $55,103 $89,084
b) Median Salary $98,992 $73,640 $99,569
$74,406
c) The sample standard deviation of the salaries
$24,341.49
d) Create a box plot for the salaries. Determine if there are any outliers.
This chart isn't available in your version of Ex

Editing this shape or saving this workbook int

will permanently break the chart.
ng the following annual salaries.

$78,242 $77,632 $85,395

$72,660 $77,702 $85,472
$73,066 $70,660 $77,726
$76,259 $65,243 $71,767
$56,456 $71,497 $78,647
$199,679 $65,364 $71,900
Outlier

are any outliers.

hart isn't available in your version of Excel.

g this shape or saving this workbook into a different file format

rmanently break the chart.
6
Find a solution for the given equation using Goal Seek

3x5 + 2x3 + x2 + 15,000 = 500,000 10.996 500000

Round off answers to 3 decimal places.
7
RMC Training is trying to decide if it should sell a new type of training product. Fixe
The product will sell for $400 with variable cost of $200.

a) What is the breakeven point?

b) What is the profit/loss when 6,000 units are sold?
c) How many units must be sold to earn a profit of $2,000,000?
(a) (b) (c)
Amount Sold 5000 6000 15000
Total Cost $1,000,000 $1,000,000 $1,000,000
Total Revenue $1,000,000 $1,200,000 $3,000,000
Profit $0 $200,000 $2,000,000
ning product. Fixed costs associated to the production of the product are estimated to be $1,000,00
ated to be $1,000,000.
8
Smart phone sales at a certain store are given below.
Smartpho
Apple Samsung Motorola Google
Day 1 10 9 3 8 25
Day 2 12 8 5 8
Day 3 10 9 2 13
20
Day 4 16 10 6 5
Day 5 11 8 4 10

Number of Phones Sold

Day 6 8 8 3 14 15
Day 7 11 9 2 11
Day 8 15 12 7 5
10
Day 9 14 10 6 15
Day 10 18 6 8 8
Day 11 10 7 10 12 5

Day 12 12 9 5 13
Day 13 20 11 4 12 0
Day 1 Day 2 Day 3 D
Day 14 21 13 8 10
Day 15 15 14 9 13

a) Create a time-based line chart for smart phones sold. Put the four graphs on the

b) Create box plots for the number of smart phones sold over the 15 day period. Pu

This chart isn't available in your vers

Editing this shape or saving this wor

 Smartphone Sales of Different Companies Over Time
Apple Samsung Motorola Google

25

20
Number of Phones Sold

15

10

0
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day 11 Day 12 Day 13 Day 14 Day 15

Number of Days

t the four graphs on the same chart. Make sure it is well labeled.

er the 15 day period. Put the four box plots on the same chart. Make sure it is well labeled.

s chart isn't available in your version of Excel.

ting this shape or saving this workbook into a different file format will permanently break the chart.
ell labeled.
9
a) Create a column that is labeled Day 1, Day 2, up to Day 30.

b) Create a column that gives Machine 1 output. Use random numbers from 100 to
Create another column that gives Machine 2 output. Use random numbers from 75
The columns should be labeled as follows.

Day Machine 1 Machine 2

c) Copy and Paste the values for the Machine data.

d) Create a time based side by side bar chart for the data.
Machine 1 Machine 2
Day 1 157 179
Day 2 191 151
Day 3 133 156
Day 4 115 198
Machine 1
Day 5 106 80
250
Day 6 177 85
Day 7 193 84
Day 8 138 108
Day 9 141 210 200
Day 10 160 141
Day 11 168 169
Day 12 135 81
Day 13 184 219 150

Day 14 152 129

Day 15 167 106
Day 16 136 106 100
Day 17 130 193
Day 18 104 107
Day 19 187 150
Day 20 130 113 50

Day 21 152 129

Day 22 148 75
Day 23 160 185
0
Day 24 178 201 Day Day Day Day Day Day Day Day Day Day Day Day Day Day
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Day 25 144 81
Machin
 0
Day Day Day Day Day Day Day Day Day Day Day Day Day Day
1 2 3 4 5 6 7 8 9 10 11 12 13 14

Machin
Day 26 181 217
Day 27 180 130
Day 28 131 206
Day 29 111 154
Day 30 177 223
mbers from 100 to 200.
numbers from 75 to 225.

Machine 1 vs. Machine 2

ay Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day
9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Machine 1 Machine 2
ay Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day Day
9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Machine 1 Machine 2
10
The NY State Parks Department want to keep track of the number of people that go
They are interested in seeing how the number of people at the beach changes with
The data collected is given below.

a) Create a scatter plot for the data below. Make sure it is well labeled.
b) Create a linear trend line.
c) Predict the number of beach visitors when the Average Daily Temperature is 95.

Average Daily Temperature (°F) Beach Visitors

82 80
84 225
86 300 650
86 370 550
88 450
450

Beach visitors
87 225
350
89 525
92 450 250

94 500 150
94 600 50
75
96 550
90 400
99 650
80 100
95 567
er of people that go to a West Hampton Beach during the summer.
each changes with the temperature.

Temperature is 95.

Beach Visitors
650 f(x) = 30.2826802731893 x − 2309.82479510801
R² = 0.859074915692999
550

450
Beach visitors

350

250

150

50
75 80 85 90 95 100 105
Average Daily Temperature (°F)
11
a) Use the list below and create a function that inputs an Employer ID and

b) Use the list below and create a function that inputs an Employer ID and

Employer ID Birthdate
1 12/1/2001
2 1/1/2003
3 4/30/2003
4 5/13/2005
5 9/9/2006
6 10/5/1999
7 11/1/2000
8 5/20/2002
9 1/2/1997
10 3/14/1998
11 2/2/2003
12 2/15/2005

a) TRUE

b) 12/1/2001
create a function that inputs an Employer ID and outputs their Location.

create a function that inputs an Employer ID and outputs their Birthdate

Hire Date Location Salary

9/1/2022 New York 85,000
9/1/2021 Texas 77,000
10/15/2009 New Jersey 85,500
12/1/2008 Long Island 72,300
8/30/2018 Florida 71,400
10/1/2021 New York 83,400
9/15/2022 Texas 60,500
8/25/2019 New York 89,000
3/15/2017 Florida 82,300
5/2/2018 Long Island 94,600
9/1/2020 New Jersey 85,000
10/1/2023 California 95,000

Employer ID 1