Gr10 Math Lit: November test mix P(1)

<p>Separate numbers into groups of three digits</p> Signup and view all the answers

<p>To separate whole numbers from decimal fractions</p> Signup and view all the answers

<p>Convention</p> Signup and view all the answers

<p>To separate groups of three digits</p> Signup and view all the answers

<p>Format</p> Signup and view all the answers

<p>To think about a problem before working it out</p> Signup and view all the answers

<p>To add a number to the memory</p> Signup and view all the answers

<p>BODMAS</p> Signup and view all the answers

<p>Zero</p> Signup and view all the answers

<p>To separate whole numbers from decimal fractions</p> Signup and view all the answers

<p>Separate numbers into groups of three digits starting from the right</p> Signup and view all the answers

<p>To understand the size of numbers</p> Signup and view all the answers

<p>Draw a table with place value columns and compare from the leftmost column</p> Signup and view all the answers

<p>A fraction with a numerator smaller than the denominator</p> Signup and view all the answers

<p>Shift each digit one place to the left</p> Signup and view all the answers

<p>To think about a problem before solving it</p> Signup and view all the answers

<p>Brackets, Orders, Division, Multiplication, Addition, Subtraction</p> Signup and view all the answers

<p>The number is shifted one digit to the left</p> Signup and view all the answers

<p>A fraction with a numerator less than the denominator</p> Signup and view all the answers

<p>The result is always 1</p> Signup and view all the answers

<p>A number less than zero</p> Signup and view all the answers

<p>Numbers with units digits 1-4 round down, 5-9 round up</p> Signup and view all the answers

<p>A comparison of two or more numbers of the same unit</p> Signup and view all the answers

<p>To obtain straightforward, quantitative data</p> Signup and view all the answers

<p>Convert the percentage to a decimal and multiply by the given amount</p> Signup and view all the answers

<p>To describe the data</p> Signup and view all the answers

<p>Numerical data</p> Signup and view all the answers

<p>To gain both qualitative and quantitative insights</p> Signup and view all the answers

<p>To count the frequency of each group</p> Signup and view all the answers

<p>Closed-ended question</p> Signup and view all the answers

<p>Sum of frequencies of all class intervals</p> Signup and view all the answers

<p>It is convenient for collecting data from a wide geographical area</p> Signup and view all the answers

<p>To simplify the analysis process</p> Signup and view all the answers

<p>Population</p> Signup and view all the answers

<p>Mean</p> Signup and view all the answers

<p>Probability of selection = 1/N</p> Signup and view all the answers

<p>By taking the average of the two middle values</p> Signup and view all the answers

<p>To ensure the information collected is valid and accurate</p> Signup and view all the answers

<p>To quantify respondents' attitudes or opinions</p> Signup and view all the answers

<p>The highest value minus the lowest value</p> Signup and view all the answers

<p>To make the data easier to interpret</p> Signup and view all the answers

<p>Respondents are asked to answer in their own words</p> Signup and view all the answers

<p>Database</p> Signup and view all the answers

<p>The class with the highest frequency</p> Signup and view all the answers

<p>It does not entail personal contact</p> Signup and view all the answers

<p>Pie chart</p> Signup and view all the answers

<p>Mean = (Sum of Values) / (Number of Values)</p> Signup and view all the answers

<p>To show the relationship between two quantities</p> Signup and view all the answers

<p>The difference between the highest and lowest values</p> Signup and view all the answers

<p>Bill</p> Signup and view all the answers

<p>To represent continuous data grouped into intervals</p> Signup and view all the answers

<p>The average of the two middle values</p> Signup and view all the answers

<p>To display data that can be compared across different categories</p> Signup and view all the answers

<p>The value that appears most frequently in the data set</p> Signup and view all the answers

<p>To provide detailed information about the property and services used</p> Signup and view all the answers

<p>Profit = Total Income - Cost of Production</p> Signup and view all the answers

<p>Deficit</p> Signup and view all the answers

<p>Fixed Income</p> Signup and view all the answers

<p>To plan expenditure based on expected income</p> Signup and view all the answers

<p>Amount for Category = (Percentage for Category / 100) × Total Income</p> Signup and view all the answers

<p>To prepare for unexpected costs, annual bills, and important events</p> Signup and view all the answers

<p>Monthly Savings = Total Income - (Total Fixed Expenses + Total Variable Expenses + Total Occasional Expenses)</p> Signup and view all the answers

<p>A budget is a plan, while a statement is a record of actual income and expenses</p> Signup and view all the answers

<p>A fee for borrowing money</p> Signup and view all the answers

<p>To avoid paying interest</p> Signup and view all the answers

<p>To add a fixed extra cost to the cost of most items and services</p> Signup and view all the answers

<p>Opening Balance is the amount due before the current month's expenses, and Closing Balance is the total amount due</p> Signup and view all the answers

<p>To provide a receipt for the customer</p> Signup and view all the answers

<p>Credit Available is the amount of credit still available for use, and Credit Limit is the maximum amount of credit allowed</p> Signup and view all the answers

<p>A pre-determined schedule of prices for services</p> Signup and view all the answers

<p>To charge for services such as electricity, water, and refuse removal</p> Signup and view all the answers

<p>Total Cost = ∑ (Usage in Category × Tariff for Category)</p> Signup and view all the answers

<p>To charge for telephone services</p> Signup and view all the answers

<p>Total Cost = Basic Fixed Charge + (Rate per Second × Duration in Seconds)</p> Signup and view all the answers

<p>To detail purchases, payments made, and amounts owed</p> Signup and view all the answers

<p>A percentage charged for borrowing a sum of money</p> Signup and view all the answers

<p>The South African Reserve Bank's lending rate, credit ratings, and employment history</p> Signup and view all the answers

<p>Interest Amount = Principal Amount x Interest Rate</p> Signup and view all the answers

<p>A form of tax paid on goods and services</p> Signup and view all the answers

<p>14%</p> Signup and view all the answers

<p>A price that includes VAT</p> Signup and view all the answers

<p>Savings account</p> Signup and view all the answers

<p>To show all possible outcomes of combined events</p> Signup and view all the answers

<p>Cheque account</p> Signup and view all the answers

<p>To earn interest over a set period of time</p> Signup and view all the answers

<p>P(E) = Number of favourable outcomes / Total number of possible outcomes</p> Signup and view all the answers

<p>To pay for purchases with money deducted directly from the account</p> Signup and view all the answers

<p>Tree diagram</p> Signup and view all the answers

<p>To predict the probability of rain</p> Signup and view all the answers

<p>P(not E) = 1 - P(E)</p> Signup and view all the answers

<p>Relative frequency</p> Signup and view all the answers

<p>Identity document, proof of residence, and proof of income</p> Signup and view all the answers

<p>The date, description, amount, and balance of each transaction</p> Signup and view all the answers

<p>Amount of money paid out of an account</p> Signup and view all the answers

<p>To maintain the account and provide services</p> Signup and view all the answers

<p>0</p> Signup and view all the answers

<p>A game with an equal chance of winning or losing</p> Signup and view all the answers

<p>To show all possible outcomes of an event</p> Signup and view all the answers

<p>Monthly Maintenance Fee + Self-Service Banking Fee + Cash Deposit Fee + Withdrawal Fee + Balance Inquiry Fee + Other Transaction Fees</p> Signup and view all the answers

<p>The person whose name the account is in</p> Signup and view all the answers

<p>Any event where money moves into or out of an account</p> Signup and view all the answers

<p>To separate groups of three digits</p> Signup and view all the answers

<p>To separate whole numbers from decimal fractions</p> Signup and view all the answers

<p>Convention</p> Signup and view all the answers

<p>Compare the numbers column by column from left to right</p> Signup and view all the answers

<p>To identify the value of each digit</p> Signup and view all the answers

<p>Money amount</p> Signup and view all the answers

<p>To represent rates</p> Signup and view all the answers

<p>R 1 000 000,00</p> Signup and view all the answers

<p>To collect both quantitative and qualitative data</p> Signup and view all the answers

<p>Probability of selection = 1 / N</p> Signup and view all the answers

<p>To ensure the information collected is valid and accurate</p> Signup and view all the answers

<p>Population</p> Signup and view all the answers

<p>To collect data without personal contact</p> Signup and view all the answers

<p>n = N / 1 + N(e^2)</p> Signup and view all the answers

<p>Respondents can answer in their own words</p> Signup and view all the answers

<p>To provide a rating scale for respondents</p> Signup and view all the answers

<p>Database</p> Signup and view all the answers

<p>It is suitable for collecting data from a large sample</p> Signup and view all the answers

<p>To recall the order of operations when performing calculations involving brackets and orders.</p> Signup and view all the answers

<p>To measure quantities such as lengths or masses.</p> Signup and view all the answers

<p>The number is shifted three places to the left.</p> Signup and view all the answers

<p>A combination of a whole number and a fraction.</p> Signup and view all the answers

<p>To change the sign of a number.</p> Signup and view all the answers

<p>Zero.</p> Signup and view all the answers

<p>To make calculations easier.</p> Signup and view all the answers

<p>Another way to write fractions whose denominators are powers of 10.</p> Signup and view all the answers

<p>To make calculations easier.</p> Signup and view all the answers

<p>To ensure that calculations are performed in the correct order.</p> Signup and view all the answers

<p>To check the accuracy of answers</p> Signup and view all the answers

<p>Divide the numerator by the denominator</p> Signup and view all the answers

<p>Multiplication</p> Signup and view all the answers

<p>Zero</p> Signup and view all the answers

<p>Ratio</p> Signup and view all the answers

<p>By dividing both terms by their greatest common divisor</p> Signup and view all the answers

<p>To obtain straightforward, quantitative data</p> Signup and view all the answers

<p>Convert the percentage to a decimal and multiply by the given amount</p> Signup and view all the answers

<p>It is a cost-effective method</p> Signup and view all the answers

<p>To collect both quantitative and qualitative data</p> Signup and view all the answers

<p>To organize it into groups or categories</p> Signup and view all the answers

<p>Discrete data has specific values, while continuous data can take any value within a range</p> Signup and view all the answers

<p>To count the frequency of each item</p> Signup and view all the answers

<p>Sum of all values / Number of values</p> Signup and view all the answers

<p>Mode</p> Signup and view all the answers

<p>To simplify the analysis process</p> Signup and view all the answers

<p>The difference between the highest and lowest values</p> Signup and view all the answers

<p>To count the frequency of each item</p> Signup and view all the answers

<p>Sum of frequencies</p> Signup and view all the answers

<p>To make the data easier to understand and interpret</p> Signup and view all the answers

<p>To compare parts of a whole</p> Signup and view all the answers

<p>The adjacency of the bars</p> Signup and view all the answers

<p>Highest Value - Lowest Value</p> Signup and view all the answers

<p>To identify trends and patterns</p> Signup and view all the answers

<p>The middle value in a set of ordered data</p> Signup and view all the answers

<p>To detail what items or services were purchased</p> Signup and view all the answers

<p>Line graph</p> Signup and view all the answers

<p>To identify trends and patterns</p> Signup and view all the answers

<p>Debt</p> Signup and view all the answers

<p>To show changes over time</p> Signup and view all the answers

<p>To determine the cost of goods and services</p> Signup and view all the answers

<p>A tax added to the cost of goods and services</p> Signup and view all the answers

<p>Credit limit is the maximum amount allowed, while credit available is the amount still available for use</p> Signup and view all the answers

<p>Total Cost = Σ(Usage in Category x Tariff for Category)</p> Signup and view all the answers

<p>To provide a detailed breakdown of purchased items, including prices and VAT</p> Signup and view all the answers

<p>Total Cost = Basic Fixed Charge + (Rate per Second x Duration in Seconds)</p> Signup and view all the answers

<p>Municipal Tariffs</p> Signup and view all the answers

<p>100%</p> Signup and view all the answers

<p>A salary is paid for work done over a longer period, while a wage is paid for work done in a shorter period</p> Signup and view all the answers

<p>To charge per unit distance, with varying costs based on the mode of transport</p> Signup and view all the answers

<p>To understand the probability of rain</p> Signup and view all the answers

<p>To allow purchases on credit, with monthly payments made against the outstanding balance</p> Signup and view all the answers

<p>P(E) = (Number of favourable outcomes) / (Total number of possible outcomes)</p> Signup and view all the answers

<p>To display the outcomes of a compound event</p> Signup and view all the answers

<p>P(not E) = 1 - P(E)</p> Signup and view all the answers

<p>Surplus</p> Signup and view all the answers

<p>(Percentage for Category / 100) × Total Income</p> Signup and view all the answers

<p>Relative Frequency</p> Signup and view all the answers

<p>Debt</p> Signup and view all the answers

<p>To plan and balance expenditure with income</p> Signup and view all the answers

<p>Fixed Income</p> Signup and view all the answers

<p>Total Income - (Total Fixed Expenses + Total Variable Expenses + Total Occasional Expenses)</p> Signup and view all the answers

<p>To prepare for unexpected costs and important events</p> Signup and view all the answers

<p>A loan granted to students to assist with financial matters during their study period</p> Signup and view all the answers

<p>A budget is a plan for future income and expenses, while a statement is a record of actual income and expenses</p> Signup and view all the answers

<p>A fee paid for borrowing money</p> Signup and view all the answers

<p>A percentage charged for borrowing or loan of a sum of money over a given period of time</p> Signup and view all the answers

<p>Interest Amount = Principal Amount × Interest Rate</p> Signup and view all the answers

<p>14%</p> Signup and view all the answers

<p>To tax the provision of goods and services</p> Signup and view all the answers

<p>Savings Account</p> Signup and view all the answers

<p>To earn interest on a lump sum over a set period of time</p> Signup and view all the answers

<p>VAT-inclusive price is the price after VAT, while VAT-exclusive price is the price before VAT</p> Signup and view all the answers

<p>VAT Amount = Price × (VAT Rate / 100)</p> Signup and view all the answers

<p>Cheque or Current Account</p> Signup and view all the answers

<p>To reduce the price of essential goods</p> Signup and view all the answers

<p>To comply with FICA regulations</p> Signup and view all the answers

<p>A debit transaction is a withdrawal, while a credit transaction is a deposit</p> Signup and view all the answers

<p>0 to 1</p> Signup and view all the answers

<p>Frequency</p> Signup and view all the answers

<p>To show all possible outcomes of an event</p> Signup and view all the answers

<p>Monthly Maintenance Fee + Self-Service Banking Fee + Cash Deposit Fee + Withdrawal Fee + Balance Inquiry Fee</p> Signup and view all the answers

<p>Event</p> Signup and view all the answers

<p>To reduce the account holder's costs</p> Signup and view all the answers

<p>Theoretical Probability</p> Signup and view all the answers

<p>To describe the likelihood of an event</p> Signup and view all the answers

<p>To separate whole numbers from decimal fractions</p> Signup and view all the answers

<p>Money Amounts</p> Signup and view all the answers

<p>To determine the value of each digit</p> Signup and view all the answers

<p>By comparing the numbers from left to right</p> Signup and view all the answers

<p>To make the numbers easier to read</p> Signup and view all the answers

<p>Measurements</p> Signup and view all the answers

<p>By reading and writing each group separately</p> Signup and view all the answers

<p>To identify specific objects or items</p> Signup and view all the answers

<p>To make the calculation easier</p> Signup and view all the answers

<p>Changing from a positive to a negative number</p> Signup and view all the answers

<p>Shifting each digit three places to the right</p> Signup and view all the answers

<p>Mixed number</p> Signup and view all the answers

<p>To make the calculation easier</p> Signup and view all the answers

<p>To check the accuracy of the answer</p> Signup and view all the answers

<p>Each digit shifts to the left by the number of zeros in the multiplier</p> Signup and view all the answers

<p>Zero</p> Signup and view all the answers

<p>A comparison of two or more numbers of the same type</p> Signup and view all the answers

<p>To follow the order of operations</p> Signup and view all the answers

<p>To get a more comprehensive understanding of the topic</p> Signup and view all the answers

<p>Comparing proportions</p> Signup and view all the answers

<p>Zero</p> Signup and view all the answers

<p>To understand the size of the number</p> Signup and view all the answers

<p>1</p> Signup and view all the answers

<p>Numbers with units digits 1-4 round down, 5-9 round up</p> Signup and view all the answers

<p>To get quantitative data</p> Signup and view all the answers

<p>(Fraction × 100) / Amount</p> Signup and view all the answers

<p>To make it easier to understand</p> Signup and view all the answers

<p>To measure the intensity of opinions or attitudes</p> Signup and view all the answers

<p>To collect both quantitative and qualitative data</p> Signup and view all the answers

<p>n = N / (1 + N(e^2))</p> Signup and view all the answers

<p>To ensure the information collected is valid and accurate</p> Signup and view all the answers

<p>Closed-ended question</p> Signup and view all the answers

<p>To measure the respondent's opinion or attitude</p> Signup and view all the answers

<p>It does not require direct contact with respondents</p> Signup and view all the answers

<p>Population</p> Signup and view all the answers

<p>To identify patterns and trends in the data</p> Signup and view all the answers

<p>To make the data more organized</p> Signup and view all the answers

<p>Database</p> Signup and view all the answers

<p>To organize data into catogories</p> Signup and view all the answers

<p>The height of a person</p> Signup and view all the answers

<p>To show the list of categories or groups of items, along with the number of times each item occurs</p> Signup and view all the answers

<p>Sum of all values / Number of values</p> Signup and view all the answers

<p>Mode</p> Signup and view all the answers

<p>To simplify the analysis process</p> Signup and view all the answers

<p>The highest value minus the lowest value</p> Signup and view all the answers

<p>To count how many of each group there are</p> Signup and view all the answers

<p>Median</p> Signup and view all the answers

<p>To analyze and interpret data more easily</p> Signup and view all the answers

<p>A percentage charged for the borrowing or loan of a sum of money over a given period of time</p> Signup and view all the answers

<p>All of the above, including credit ratings, employment history, and ownership of assets like a home</p> Signup and view all the answers

<p>Interest Amount = Principal Amount × Interest Rate</p> Signup and view all the answers

<p>A type of tax paid by the consumer when buying goods and services</p> Signup and view all the answers

<p>An item that does not have VAT added to the price</p> Signup and view all the answers

<p>A bank account used for long-term investments</p> Signup and view all the answers

<p>Proof of residence or identity document</p> Signup and view all the answers

<p>A bank account used for making purchases and paying later</p> Signup and view all the answers

<p>Date and description of transaction, amount and balance after each transaction</p> Signup and view all the answers

<p>A bank account used for making purchases and paying immediately</p> Signup and view all the answers

<p>Amount of money paid out of an account</p> Signup and view all the answers

<p>To determine the total bank fees charged</p> Signup and view all the answers

<p>To generate revenue for the government</p> Signup and view all the answers

<p>A game with an equal chance of winning or losing</p> Signup and view all the answers

<p>14%</p> Signup and view all the answers

<p>0 to 1</p> Signup and view all the answers

<p>To show all possible outcomes of an event</p> Signup and view all the answers

<p>To show all possible outcomes of an event or series of events</p> Signup and view all the answers

<p>P(E) = Number of favourable outcomes / Total number of possible outcomes</p> Signup and view all the answers

<p>Theoretical probability is the calculated probability, while relative frequency is the actual result</p> Signup and view all the answers

<p>A collection of one or more outcomes</p> Signup and view all the answers

<p>Two-way table</p> Signup and view all the answers

<p>To make decisions based on past weather data</p> Signup and view all the answers

<p>To describe the likelihood of an event occurring</p> Signup and view all the answers

<p>P(not E) = 1 - P(E)</p> Signup and view all the answers

<p>Relative frequency</p> Signup and view all the answers

<p>To compare parts of a whole</p> Signup and view all the answers

<p>The middle value</p> Signup and view all the answers

<p>To display continuous data</p> Signup and view all the answers

<p>The highest value minus the lowest value</p> Signup and view all the answers

<p>To show changes over time and relationships between two quantities</p> Signup and view all the answers

<p>The value that appears most frequently</p> Signup and view all the answers

<p>To display data that can be compared across different categories</p> Signup and view all the answers

<p>To make decisions based on the information</p> Signup and view all the answers

<p>Sum of values / Number of values</p> Signup and view all the answers

<p>To detail purchased items or services, their costs, and any outstanding amounts to be paid</p> Signup and view all the answers

<p>To add a fixed extra cost to the cost of most items and services</p> Signup and view all the answers

<p>To provide details of purchased items, including their prices, and any VAT charged</p> Signup and view all the answers

<p>The amount of credit still available for use</p> Signup and view all the answers

<p>To determine the cost of services based on usage</p> Signup and view all the answers

<p>Total Cost = ∑ (Usage in Category × Tariff for Category)</p> Signup and view all the answers

<p>To charge based on call duration and distance</p> Signup and view all the answers

<p>To detail purchases, payments made, and amounts owed</p> Signup and view all the answers

<p>To charge based on distance and mode of transport</p> Signup and view all the answers

<p>Any money earned by individuals</p> Signup and view all the answers

<p>To calculate the cost of a telephone call</p> Signup and view all the answers

<p>Profit = Total Income - Cost of Production</p> Signup and view all the answers

<p>A plan to balance income and expenditure</p> Signup and view all the answers

<p>A budget is a plan, and a statement is a record</p> Signup and view all the answers

<p>To prepare for unexpected costs and annual bills</p> Signup and view all the answers

<p>Amount for Category = (Percentage for Category / 100) x Total Income</p> Signup and view all the answers

<p>Income exceeds expenditure</p> Signup and view all the answers

<p>Regular and unchanging income</p> Signup and view all the answers

<p>The amount of money owed</p> Signup and view all the answers

<p>Monthly Savings = Total Income - (Total Fixed Expenses + Total Variable Expenses + Total Occasional Expenses)</p> Signup and view all the answers

<p>A percentage of the amount owed or borrowed</p> Signup and view all the answers

<p>To convey specific information about the type of data</p> Signup and view all the answers

<p>A person's height</p> Signup and view all the answers

<p>It helps to identify the value of each digit</p> Signup and view all the answers

<p>To represent rates or proportions</p> Signup and view all the answers

<p>The decimal comma is used in South Africa, while the decimal point is used in other countries</p> Signup and view all the answers

<p>To represent identification numbers</p> Signup and view all the answers

<p>It makes the number easier to read and understand</p> Signup and view all the answers

<p>To indicate positions or ranks</p> Signup and view all the answers

<p>To collect both quantitative and qualitative data</p> Signup and view all the answers

<p>n = N / (1 + N(e^2))</p> Signup and view all the answers

<p>To measure the respondent's opinion or attitude</p> Signup and view all the answers

<p>It is less invasive than other methods</p> Signup and view all the answers

<p>Population</p> Signup and view all the answers

<p>To ensure the data collected is valid and accurate</p> Signup and view all the answers

<p>Response Score = Σ(R_i)</p> Signup and view all the answers

<p>To use existing information</p> Signup and view all the answers

<p>It allows respondents to answer in their own words</p> Signup and view all the answers

<p>Database</p> Signup and view all the answers

<p>To ensure that calculations are performed in a specific order</p> Signup and view all the answers

<p>A fraction with a numerator of 1</p> Signup and view all the answers

<p>Categorical data cannot be measured numerically, while numerical data can be measured using numbers.</p> Signup and view all the answers

<p>To make it easier to manage large datasets by grouping them into specific ranges.</p> Signup and view all the answers

<p>To simplify the calculation and make it easier to perform</p> Signup and view all the answers

<p>A proper fraction has a numerator smaller than the denominator, while an improper fraction has a numerator larger than the denominator</p> Signup and view all the answers

<p>Mean = (Sum of all values) / (Number of values)</p> Signup and view all the answers

<p>Zero</p> Signup and view all the answers

<p>The median is the average of the two middle values.</p> Signup and view all the answers

<p>The mode is the value that appears most frequently in a dataset.</p> Signup and view all the answers

<p>To store and recall numbers for later use</p> Signup and view all the answers

<p>The range is the highest value minus the lowest value.</p> Signup and view all the answers

<p>The number is shifted three places to the left</p> Signup and view all the answers

<p>To make it easier to analyze the data.</p> Signup and view all the answers

<p>To simplify the representation of fractions</p> Signup and view all the answers

<p>The modal class is the group with the highest frequency.</p> Signup and view all the answers

<p>To separate whole numbers from decimal fractions</p> Signup and view all the answers

<p>To make it easier to communicate the results to others.</p> Signup and view all the answers

<p>The original fraction</p> Signup and view all the answers

<p>Numerical data</p> Signup and view all the answers

<p>To check the reasonableness of exact answers</p> Signup and view all the answers

<p>To the left by one place</p> Signup and view all the answers

<p>Always zero</p> Signup and view all the answers

<p>To compare two or more numbers of the same type</p> Signup and view all the answers

<p>To obtain straightforward, quantitative data</p> Signup and view all the answers

<p>Percentage = (part/whole) × 100</p> Signup and view all the answers

<p>To organize data into groups or categories</p> Signup and view all the answers

<p>To measure the strength of respondents' opinions</p> Signup and view all the answers

<p>To display data in a visually appealing way</p> Signup and view all the answers

<p>Database</p> Signup and view all the answers

<p>To represent continuous data grouped into intervals</p> Signup and view all the answers

<p>Mean</p> Signup and view all the answers

<p>To identify trends and patterns in the data</p> Signup and view all the answers

<p>Line graph</p> Signup and view all the answers

<p>To calculate the cost of a service using a given rate</p> Signup and view all the answers

<p>Median</p> Signup and view all the answers

<p>To determine the amount of money owed for utilities</p> Signup and view all the answers

<p>Highest value - Lowest value</p> Signup and view all the answers

<p>To show the relationship between two quantities over time</p> Signup and view all the answers

<p>Mode</p> Signup and view all the answers

<p>To calculate the cost of services based on usage</p> Signup and view all the answers

<p>Income</p> Signup and view all the answers

<p>A budget is a plan for future income and expenses, while a statement is a record of past income and expenses.</p> Signup and view all the answers

<p>Total Cost = ∑ (Usage in Category × Tariff for Category)</p> Signup and view all the answers

<p>To calculate the amount to spend on each category.</p> Signup and view all the answers

<p>To provide details of purchased items, including their prices, and any VAT charged</p> Signup and view all the answers

<p>Surplus = Income - Expenditure</p> Signup and view all the answers

<p>Credit limit</p> Signup and view all the answers

<p>Debt</p> Signup and view all the answers

<p>To increase available funds for savings</p> Signup and view all the answers

<p>Total Cost = Basic Fixed Charge + (Rate per Second × Duration in Seconds)</p> Signup and view all the answers

<p>Opening balance</p> Signup and view all the answers

<p>Gifts and Pocket Money</p> Signup and view all the answers

<p>To prepare for unexpected costs</p> Signup and view all the answers

<p>To schedule prices for services such as transportation and utilities</p> Signup and view all the answers

<p>Deficit = Expenditure - Income</p> Signup and view all the answers

<p>Closing balance</p> Signup and view all the answers

<p>To allow purchases on credit with monthly payments made against the outstanding balance</p> Signup and view all the answers

<p>Study Loan</p> Signup and view all the answers

<p>To prepare for unexpected costs and important events</p> Signup and view all the answers

<p>Identity document or passport</p> Signup and view all the answers

<p>Opening and closing balance</p> Signup and view all the answers

<p>Monthly maintenance fee + self-service banking fee + cash deposit fee + withdrawal fee + balance inquiry fee + other transaction fees</p> Signup and view all the answers

<p>40%</p> Signup and view all the answers

<p>All possible outcomes of a combined event</p> Signup and view all the answers

<p>1</p> Signup and view all the answers

<p>Unfair game</p> Signup and view all the answers

<p>P(E) = Number of favourable outcomes / Total number of possible outcomes</p> Signup and view all the answers

<p>Event</p> Signup and view all the answers

<p>To show the outcomes of a combined event</p> Signup and view all the answers

<p>P(not E) = 1 - P(E)</p> Signup and view all the answers

<p>To show all possible outcomes of an event</p> Signup and view all the answers

<p>To show the long-term behaviour of an event</p> Signup and view all the answers

<p>Frequency</p> Signup and view all the answers

<p>Expected value</p> Signup and view all the answers

<p>To make predictions about the likelihood of an event</p> Signup and view all the answers

<p>The credit rating of the borrower</p> Signup and view all the answers

<p>Total Amount = Principal Amount + (Principal Amount × Interest Rate)</p> Signup and view all the answers

<p>14%</p> Signup and view all the answers

<p>Savings Account</p> Signup and view all the answers