Test Your Quantitative Literacy
These questions come from a survey developed through the W.M. Keck Statistical Literacy Project. It focuses on the use of numbers in every day situations.
1. True or False. If a stock decreases 50 percent and then increases by 50 percent, it will be back to its original value.
2. True or False. If a stock drops from $300 to zero, that is a 300 percent decrease.
3. A company has a 30 percent market share in the Western US and a 10 percent market share in the Eastern US. What is the company's overall market share in the entire US?
Don't forget to send your submissions for the friday quiz to firstname.lastname@example.org.
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