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Author Topic: How Smart Are You?  (Read 1764 times)
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Derek R.
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« on: April 06, 2009, 05:49:46 PM »

Who is smart enough to answer all of these correctly?

1. The number of bankruptcy cases went from 1,300 to 1,600 in one year. What is the percent increase?

2. A cities population was 148,424 as of July, 1998, up from 120,284 in July, 1990. What is the percent change in population from 1990-1998?

3. Of the 850 students, 265 had A's and B's and 165 failed. What fraction of the students had a grade of B or better? What fraction failed?

4. If the state put $1 million of its surplus in 8-percent government bonds, it would realize a return of how much money a year?

5. The city hopes to sell the $2 million construction bond issue at an interest rate of no more than 7 percent, but some officials say it would be more likely to go at 7.5 percent, which would mean $_____ a year more in interest payments over the 20-year life of the bonds, or $________ more in interest over the life of the bond issue.
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Halibut
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« Reply #1 on: April 06, 2009, 08:45:26 PM »

Q. How are smart are you?
A. Very.
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Herzeg Dva
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« Reply #2 on: April 06, 2009, 09:05:56 PM »

Sounds like an IQ test.. and I dislike those. Let's just say cleverness is always more important than smartness Tongue
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Anomonous Guy
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« Reply #3 on: April 06, 2009, 09:13:10 PM »

Sounds like an IQ test.. and I dislike those. Let's just say cleverness is always more important than smartness Tongue

What he said.

Those questions don't make you clever, they just mean you can use pre-defined calculation methods to answer them. Any monkey can do that if they want to spend the time.
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Derek R.
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« Reply #4 on: April 06, 2009, 09:53:48 PM »

This is for a survey paper I have to write. Just thought I'd pull you guys in to the action. =) Defiant against such things, I see.
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Halibut
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« Reply #5 on: April 06, 2009, 10:07:48 PM »

But I'm a historian, I don't do maths, I do words...
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Derek R.
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« Reply #6 on: April 07, 2009, 01:11:17 AM »

All is forgiven! =)
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TVPR
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« Reply #7 on: April 07, 2009, 03:51:08 AM »

1. Roughly 32% or so?
2. Ah, 29%?
3. A tad more than 19% failed, nearly 31% got A and B.
4. $80.000, if gov bonds function anything like regular banks
5. $10.000 the first year, and assuming interest accumulates and then gathers more interest (as in normal bank savings), roughly $225.000 (I think) over 20 years.
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« Reply #8 on: April 07, 2009, 07:13:11 PM »

Since tvpr answred i'll give some numbers too

1) About 22%
2) About -19%
3) 31% A/B and 19% failed.
4) 80k
5) didn't bother to look up the statistics formula (tvpr may have done that though). The starting number does seem right for the first year.
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TVPR
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« Reply #9 on: April 07, 2009, 08:25:00 PM »

I just ran it through my head in a hurry; my math is terrible though, so don't take anything I say for facts Tongue
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« Reply #10 on: April 08, 2009, 12:45:37 AM »

hold up a moment, TVPR just admitted he was wrong?
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Derek R.
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« Reply #11 on: April 08, 2009, 06:38:15 PM »

These questions were given to 50 6th graders and 50 seniors in college.

The 6th graders got far more accurate answers.
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Halibut
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« Reply #12 on: April 08, 2009, 07:01:08 PM »

That doesn't mean the older people are any less smart, they just aren't being taught that type of maths at the time.  When I was in school I was great at almost all maths, but because I don't use it any more, I've just forgotten it all.  It's the same with French, I remember the odd bits but nothing really worthwhile.

The question should really be, how well do you retain mathematical knowledge/skills in your long-term memory?
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« Reply #13 on: April 15, 2009, 06:15:13 PM »

Me Grimlock hate tests!
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Derek R.
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« Reply #14 on: April 15, 2009, 09:58:00 PM »

Exactly Halibut! That is one of the factors the poll is taking in to consideration.
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