Homework # 1 Solutions
Chapter 1
5. a. Average endowment = 74.6/7 = $10.657 billion
b. Average percentage admitted = 111/7 = 15.86%
c. 3 of 7 or 42.9% have NCAA Division III varsity teams
d. 3 of 7 or 42.9% have a City: Midsize campus setting
7.
a.
Althou
QUIZ #1
ID: A
Identify the letter that best completes the statement or answers the question.
Mark it on the answer sheet. Dont forget to identify the answer sheet and
match your answer with the question number.
There are a total of 20 questions. You got 1
QUIZ #2
ID: A
Identify the letter that best completes the statement or answers the question.
Mark it on the answer sheet. Dont forget to identify the answer sheet and
match your answer with the question number.
There are a total of 20 questions. You got 2
QUIZ #1
ID: A
Identify the letter that best completes the statement or answers the question.
Mark it on the answer sheet. Dont forget to identify the answer sheet and
match your answer with the question number.
There are a total of 20 questions. You got 1
Homework # 2 solutions
Chapter 3
5.
a.
xi
x=
n
=
3181
20
= $159
b. Median 10th $160 Los Angeles
11th $162 Seattle
Median =
160 + 162
= $161
2
c. Mode = $167 San Francisco and New Orleans
d.
25
i=
20 =
5
100
5th
6th
Q1 =
e.
i =
$134
$139
134 + 139
= $13
Name
Your ID Number:
Midterm #1 - ECON 3254
Midterm ID: A
PART I MULTIPLE CHOICE (40 points)
Identify the letter that best completes the statement or answers the
question. Mark it on the answer sheet. Dont forget to identify the answer
sheet and match you
ANSWERS TO MIDTERM #1 VERSION A
PART I - Multiple Choice Questions
1.
B
2.
A
3.
A
4.
A
5.
C
6. A
7. B
8. A
9. A
10. D
11. A
12.
B
13.
B
14.
B
15.
C
16.
B
17. D
18.
C
19.
B
20.
C
PART II Problem Sets
1- ANS:
a. 20%
b. 22.22
c. %
44.44
%
2- ANS:
a. 54.5
b.