F a | Reta a Answers to review questions e Answers are either precise or accurate to at least three decimal places unless stated otherwise. Fully worked solutions are on the supporting website (www.pearsoned.co.uk/buglear). These include the diagrams that feature in some questions but are not included here. Chapter 1 To the right of the answer, in square brackets [ ], are the Chapter 1 Example or Examples that are most like the question, If you haven't obtained the right answer, look at them for guidance. 11 @) @), @ WD), Gd ©, Gv) ©, & @), WH D, (vii) @, (wild) ©), (0 (©, @) @ (1.15, 1.21] 1.2 (0), Gi) (©, Gi) (h), Gv) (, ™ ©), (wi (a), (vii) (©, (vii) (4) (1.13, 1.14) 13° @) ©, @ @, Gi) @), (iv) (CO, ©, Wi ), Wi) @ (1.16, 1.17] 1.4 (a) (i) Total 6,875,000; Italy 1,440,000; USA 543,400; Australia 197,000 (ii) Total 6,900,000; Italy 1,400,000; USA 540,000; Australia 200,000 [1.19] (b) Italy 0.209; USA 0.079; Australia 0.029 [1.20] 1.8. (a) 26, (b) 17 sales operatives, (c) £7010 (1.2, 1.22] 1.6 (a) 13.45, (b) 15.00 the next day [171 1.7 324 (1.16) 1.8 425 [18,19] 1.9 Alexander 51%, Pass; Bukhtar 50%, Pass; Ciani 38.8%, Fail (less than 40%); Dalkiro 45.8%, Fail (exam less than 35%); Elchin 43.8%, Pass; Franklin 38.2%, Fail (less than 40%) (1.16) 1.10 £2995.40 [1.16] 1.11 34.456 (19, 1.11) 1.12 (a) £2520, (b) £1890 (1.9, 1.11] Chapter 2 To the right of the answer, in square brackets [ J, are the Chapter 2 Example or Examples that are most like the question. If you haven't obtained the right answer, look at them for guidance.Akh Appencix 2 241 (a) Budget = 35,000 + 500x where. is the number of corporate clients (b) @ £56,500 (ii) £49,500 (iii) £68,000 (© Budget = 20000 + 800x; Ashford £54,400 (down £2100); Byfleet £43,200 (down £6300); Carlton £72,800 (up £4800) (2.1, 2.2] 22 (@)x=Ly=2 ()x=2y=3 (x=5,y=-1 @x=05,y=4 [2.10) 2.3. (a) 5,800 (b) £11,000; 3.333% [2.11, 2.12] 2.4 110 litres of Smazka and 70 litres of Neftianikov. Profit = £830 [2.13-2.22] 2.5 25,000 [2.10] 2.6 (a) 32,000 scooters (b) 40,000 scooters (2.11) 2.7 (@) 1400 (b) Increases to 1120 (2111 2.8 No Houstons and 1,500 Soap Dishes giving a profit of £24,000 [2.13-2.22] 2.9 (a) 60,000 bottles of Volossy, 60,000 bottles of Sedina giving a profit of £36,000 (b) Solidifier and licence are tight, colourant and commitments slack [2.13-2.22] 2.10 (a) 12 peak and 24 off-peak slots to reach an audience of 264m (b) 60 off-peak and no peak slots to reach an audience of 300m [2.13-2.22] 2.11 No pairs of Nelson and 200 pairs of Oldham giving a profit of £2400 [2.13-2.22] 2.12 18kg of SeeIni-swine and 28kg of Vita-sosiska at a cost of £780 [2.23] Chapter 3 To the right of the answer, in square brackets [ J, are the Chapter 3 Example or Examples that are ‘most like the question. If you haven't obtained the right answer, look at them for guidance 3.1. Owndiagram (3.2) 3.2 £21m, £36m, £45m, £48m, £45m [3.2] 3.3. (a) 36 [3.6] (b) Second derivative is positive (1), so a minimum [3.8] (© £652 (3.71 3.4 40 litres [3.11] 35 0, Gi) (, Gi ©), GY) @), () ), (WD M, (i) @, Wit) ©, 9) ),00@D — [3.6] 3.6 (a) £25 (b) Second derivative is negative (—2/5), so a maximum (©) £35,000 B39] 3.7 (a) Profit = 480x ~ 4x2 ~ 150 (b) Produce 60 and sell at £20 giving a profit of £14,250 [3.9] (©) Second derivative is negative (—8), soa maximum 3.8 130kg (3.1) 3.9 (a) Profit = 630x — 3.5x° — 450 (b) Sell 90, price = £365, profit = £27,900 (©) Negative (—7), so a maximum [3.9] 3.10 (a) 320kg (b) Yes, maximum stock will be 320kg _(c) 267.731kg (3.11) 3.11 (a) 208 litres (b) Notat all [3.1] 3.12 (a) 400 bags (b) 200 bags (3.11)Answers to review questions 445 Chapter 4 ‘To the right of the answer, in square brackets [], are the Chapter 4 Example or Examples that are most like the question. If you haven't obtained the right answer, look at them for guidance. 41 (a) (v), (b) (vi), © @, @) Gi, (© Gil), © Gv) [Table 4.1] 42 ; ‘Type of transaction Number of customers Cash only 180 Balance check only 90 Deposit only 36 More than one transaction 54 Total 360 [4.3] 43 Number of bedrooms Number of houses 2) 6 3 5 4 7 5 2 Total 20 [4.6] bh - Number of trips Number of executives 02 6 35 6 68 8 ol ct 12-14 8 15-17 2, Total 4 (4.71 4.5 Qualitative (b) (¢); Discrete quantitative (d) (1); Continuous (a) () (4.3) 46 (a) Gv), (b) (vii), ( W), @ GI, (©) (viii), ( GID, (@) @, H) WI 47 Experience Females Males ~—_Total No retail 19 9 28 Retail 23 22 45 Clothing retail 32 22 54 Total 74 53 127 [45]446 Appendix? 48 em Price (£) Frequency 1000 and under 2000 2000 and under 3000 3000 and under 4000 4000 and under 5000 5000 and under 6000 Total 2; ee a NSeeousa [4.7] 4.9 Nominal (d) (g); ordinal (a) (c) (f) (h); interval (i); ratio (b) (e) [4.2] 4.10 Typeofbooking Onenight More thanone night ‘Total Business 672 141 813 Functions 162 23 185 Leisure 106 256 362 Total 940 420 1360 (4.5) BD AM ea Wage (£) Frequency 4.00-4.99 9 5.00-5.99 13 6.00-6.99 6 7.00-7.99 8.00-8.99 1 Total 32 (4.7) eee 4.12 (a) and (b) Visit duration (minutes) Redcar (%) Skegness (%) Torquay (%) O and under 20 2 (9.5%) 2(11.1%) 17 (85.0%) 20 and under 40 12 (57.1%) 9 (50.0%) 3 (15.0%) 40 and under 60 3 (14.3%) 4 (22.2%) 0 (0.0%) 60 and under 80 4 (19.1%) 3 (16.7%) 0 (0.0%) Total 21 (100.0%) 18 (100.0%) 20 (100.0%) (c) 90.5% of visits in Redcar, 88.9% of visits in Skegness, and 15% of visits in Torquay last at least 20 minutes (4.7,4.9] Chapter 5 Most ofthe review questions require charts or diagrams. These are provided on the supporting web- site (www pearsoned.co.uk/buglear). To the right of the question number, in square brackece O. are the Chapter 5 Example or Examples that are most like the question. Ifyou are not sure how to de the question, look at them for guidance, 5.1 Owndiagram [5.3] 5.2 Owndiagram 5.715.3 (a) Own diagram. (b) Symmetrical Stem Leaves 256 1348 1147 2257778 02 Leaf unit = 1 year 5. Nouse 5.5 Own diagram. A direct relationship 5.6 Own diagram 5.7 Own diagrams 8.8 (a) Own diagram ©) Weight lost (kg) ‘Cumulative frequency Oand under 2 3 2and under 4 6 4and under 6 10 6 and under 8 "7 Sand under 10 41 10 and under 12 50 Joan (c) Own diagram ee 5.9 (a) - ; ‘Adventure holiday ‘Stem —_ Cruise 9874421 2 976542220 3 256 6520 4+ 1348 31 5 1147 6 2257778 7 02 OO (b) Cruise passengers tend to be older 5.10 Own diagram Se Leaf unit = 1 year ee 5.11 stem —_Leaves 1 95 2 0005 1030.45 68 3 10.25 40 50 64:75 89 90 4 0009 1225 45 60 75 5 00 Leaf unit = £1000 eae eee 5.12 (a) Engine size (b) Own diagram (0) Direct [5.15] [5.21] [5.22] (5.3, 5.4, 5.6] [5.8] fs.) [5.12] [5.23] {5.21]448 Appendix 2 Chapter 6 To the right of the answer, in square brackets [], are the Chapter 6 Example or Examples that are most like the question. If you haven't obtained the right answer, look at them for guidance. 61 6.2 6.3 bh 66 67 6.8 69 (a) Mode = 2, Median = 2 (b) Mean = 2.92 — higher, suggesting positive skew (© Own diagram (a) Mode = 1, Median = 2, Mean = 2.321. Mode is lowest, mean is highest (b) Own diagram QL = 1,Q3 = 4, SIQR = 1.5 Mean = 25.118 (25,118 miles); Standard deviation = 6.451 (6.451 miles) 2,mean = 2.030 ‘Males: Mode = 1, median = 2, mean = 2.144 Females have higher mode, lower mean and more symmetrical distribution (a) Mode = 13, range = 28 (b) Median = 13 (© Q1=10,Q3 = 19 (@) SIQR = 4.5 Positive skewed Median is approximately 6150 litres, SIQR is approximately 475 litres (a) Cyclists: Mean = 7.197 km, median = 7 km : Mean = 14.467 km, median = 14.545 km (b) Standard deviations: Cyclists = 4.496 km, Motorists = 5.345 km (© Cyclists have a lower mean and spread 6.10 (a) False (b) False (c) True (d) False (e) False () True 6.11 (a) False, (b) True, (c) True, (d) True, (e) False, (f) True, (g) True 6.12 Own diagram Chapter 7 [6.16.3] [6.5, 6.8] [6.7] (6.1, 6.3, 6.8] [6.7] [6.18, 6.19] (6.5, 6.27] [6.6] (6.1, 6.17] [6.3] [6.18] [6.19] 16.21] [6.15, 6.30] (6.14, 6.16] [6.31] [6.32] To the right of the answer, in square brackets [ ], are the Chapter 7 Example or Examples that are ‘most like the question. If you haven't obtained the right answer, look at them for guidance. 7A 12 13 Th 15 16 (a) positive, (b) negative, (c) negative, (d) negative, (e) positive, (D positive, (g) negative (a) Own diagram (b) 0.996; strong, positive 0.543; weak, positive Contamination level = —1.776 + 10.020 Hours worked (a) Cost (b) Own diagram (c) 0.907; strong, positive 0.762; fair, negative (71,72) (71, 7.4] 771 (713) 173) (771Answers to review questions 449 7.7 (a) League position (b) Own diagram (©) League position = 29.182 — 0.649 Goals scored (7131 (d) AFC Wonderland; high league position for the number of goals scored 7.8 (a) 4320 units (b) 6690 units (© 57,840 units [7.14] (@) 0.805 (761 7.9 (@) 0.971 (75) (b) Strong, positive 7.10 0.624; fair, positive [7.6] 7.11 (a) Mean hourly wage (b) Own diagram (©) Mean hourly wage ($) = 10.333 + 0.338 Union membership (%) (713) (a) 0.713 (71.3%); the model explains 71.13% of the wage variation [7.6] 7.12 (a) Own diagram (b) Motorway network = 219.924 + 17.729 Land area [7.13] (c) 0.542 (54.29%); the model explains 54.2% of the network variation [7.6] (@) The country with land area of 337km? and network of 394 km Chapter 8 ‘To the right of the answer, in square brackets [], are the Chapter 8 Example or Examples that are most like the question. Ifyou haven't obtained the right answer, look at them for guidance. 1 (a) (i) 143.478, (ii) 134.783, (iil) 113.793, (iv) 106.897 (8.11 8.2. 123.709 (2010), 134.247 (2011) [8.2] 8.3. 415.602 (2002), 437.836 (2004), 421.237 (2006), 396.415 (2008), 399.855 (2010). Increases to 2004 then decreases (8.51 8.4 (a) 50% [8.6] (b) Half-way through the third year (8.71 85 (a) 149.580 [8.3] (b) 144.265 [8.4] 8.6 (a) 72.971 [8.5] (b) 27.638 (8.51 8.7 (a) 3.75 years [8.7] (b) £2320 [8.11] (© £2010 (8.11) 8.8. (a) -£7330 [8.12] (b) £11,180; IRR is about 13% [8.13] 8.9 (a) 120.070 (2008), 131.690 (2011) [8.3] (b) 120.454 (8.41 (© 131.819 [8.4] 8.10 L: 22.486 (2006), 21.096 (2007), 21.810 (2008), 25.516 (2009), 24.386 (2010) Z: 18,900 (2006), 18.773 (2007), 18.503 (2008), 19.227 (2009), 17.946 (2010)450 Appendix 2 L: revenue in 2010 is approximately 12.4% higher than in 2005, Z: revenue in 2010 is approximately 2.5% lower than in 2005 [8.5] 8.11 (a) -$4.903m [8.12] () $3.632m; IRR is about 17% [8.13] 8.12 (a) 4.111 years (Markets), 4.0 years (Riverside) [8.7] (b) £51,780 (Markets), £17,870 (Riverside) [8.12] (©) Markets; the payback is marginally longer but the NPV is much higher Chapter 9 To the right of the answer, in square brackets [ ], are the Chapter 9 Example or Examples that are ‘most like the question. If you haven't obtained the right answer, look at them for guidance. 9.1 (a) Owndiagram (b) 9, 10, 11, 12, 13, 13, 14 [9.2] 9.2 (a) Own diagram (b) 14.0375, 14.3625, 14.3750, 14.6500, 15. 3125, 15.8500, 16.0125, 16.1375 [9.3] 9.3 (a) 63, 57.4, 50.68, 46.136, 50.027, 38, 805, 41.361, 37.872 [9.11] (b) Own diagram 9.4 (a) Morning 4.556, Afternoon —3. 611, Evening ~0.944 (9.4, 9.5] (b) 0.455 (9.6, 9.8] 9.5 (a) Morning 1.383, Afternoon 0.696, Evening 0.921 [9.9] (b) 0.162, (c) Lower than 9.4 (b) so multiplicative model is more appropriate [9.9] 9.6 (a) ~1.514 (Q1), 1.936 (Q2), ~6.045 (Q3), 5.623 (Q4) (9.4, 9.5] (b) 0.877 [9.6, 9.8] 9.7 (a) 0.904 (QI), 1.128 (Q2), 0.595 (Q3), 1.373 (04) 9.9] (b) 0.549 [9.9] (© Multiplicative model [9.9] 98 (a) Month 10 = 273.809 (9.11) (6) Own diagram 9.9 21.667, 11.484, 15.964 [9.10] 9.10 15.402, 19.557, 10.494, 24.628 [9.10] 9.11 (a) Day 9 = 140.397, MSD = 2986.376 (9.11) (b) Day 9 = 180.466, MSD = 1919.384 Better [9.11] 9.12 (a) Week 1 405.547, MSD 3307.63 (9.11) (b) Week 10 = 349,935, MSD. 8648.863; model in (a) is better [9.11] Chapter 10 To the right of the answer, in square brackets [ ], are the Chapter 10 Example or Examples that are most like the question. If you haven't obtained the right answer, look at them for guidance. 10.1 (a) 0.552, (b) 0.295, (c) 0.154, (d) 0.448 (10.2, 10.5] 10.2 (a) 0.446, (b) 0.105, (c) 0.449 (10.2) 10.3 (a) (i) 0.208, (ii) 0.063, (iti) 0.275 [10.2] (b) No (10.12)Answers to review questions 454 10.4 (a) (i) 0.353, (il) 0.547, (it) 0.147, (iv) 0.273 {10.3-10.6] (b) No (10.12) 10.5 (a) 0.733, (b) 0.272 10.3) (0) 0.121 to ‘ (d) 0.868 (10.6) (e) Country and recognition are not independent [10.12] 10.6 (a) 0.344 10.3, (b) 0.032, eat (c) 0.656 [10.5] (d) 0,529, (e) 0.087 [10.6] (O They are not independent [10.12 10.7 (a) 0.56, (b) 0.14, (c) 0.18, (d) 0.12 (10.11, 10.18] 10.8 0.0408 [10.18] 10.9 (a) 0.24, (b) 0.072 [10.18] 10.10 (a) 0.4725, (b) 0.4125, (c) 0.0075 [10.18] 10.11 0.95 [10.18] 10.12 (a) 0.199, (b) 0.551, (c) 0.722 [10.2, 10.5] 10.13 0.417 (10.16) 16.14 (a) 6.36176, (b) 0.11424, (c) 0.43952, (d) 0.07296, (e) 0.17568 [10.18] 10.15 (a) 0.315, (b) 0.450, (c) 0.235, [10.18] Chapter 11 ‘To the right of the answer, in square brackets [] are the Chapter 11 Example or Examples that are ‘most like the question. If you haven't obtained the right answer, look at them for guidance. 11.1 $188,000 (1.2) 11.2 £280 12) 11.3 (a) Ice cream, (b) Mix, (¢) Mix, (4) Mix (13-11.7] 11.4 (a) EMV (Cabin baggage only) = £125 pay extra £10 for hold baggage uns) (b) EMV (Cabin baggage only) = £20; pay extra £10 for hold baggage U1] (©) Take cabin baggage only [11.8] 11.5. £12,800 (1.2) 11.6 (a) Fee, (b) Nowin no fee, (c) Fee, (d) Fee (11.3-117] 11.7 (a) Own diagram (b) EMV (Vaccination) = £0.9m, EMV (No vaccination) = £0.8m; vaccinate [11.8] (©) EMV (Vaccination) = £0.96m, EMV (No vaccination) = £1.04m; yes [11.8] 11.8 (b) (i) Increased area, (ii) Same area, (iii) Decreased area 118) 11.9 (a) EMV (A) = 6400, EMV (B) = 3750; choose A 11.8) (b) EMV (A) = 3800; choose A 18) 11.10 (a) Own diagram (b) EMV (S) = 2.05, EMV (P) = 4.5; choose Parooka [11.8] (c) New EMV (S) ‘hoose Sloochai (118)452 Appendix 2 41.41 (@) EMV (star) = 1, EMV (no star) = -2, EMV (bid) = 0.85; bid for the rights and hire a star [11.10-11.12} (b) IEP (uecess without a star) > 0.275, don't hire a star 13] 41.42 (a) EMV (arge-scale) = 0, EMV (small-scale) = 11, EMV (develop) = 7.75: develop and start small-scale production if the tests are passed. (11.40-11.12] (b) Choose large-scale production ifP (approval) > 0.529 11.13] 44.13 EMV (build if expert predicts failure) = 5.8, so sell EMV (build if expert predicts success) = 20.2, so build EMY (build if no advice is sought) = 13 EMV (seek expert advice) = 14.1 Get expert advice, build if prediction is success, sel ifit is failure 1.14) Chapter 12 ‘To the right ofthe answer, in square brackets [], are the Chapter 1 Example or Examples that are most like the question. Ifyou haven't obtained the right answer, Jook at them for guidance. 421 (a) 0.512, (b) 0.384, (©) 0.096, (d) 0.008 24) 42.2 (a) 0.2401, (b) 0.4116, (€) 0.2646, (€) 0.0756, (€) 0.0081 2.4 42.3. (a) 0.007, (b) 0.265, (c) 0.762, (d) 0.133 0271 12.4 (a) 0.018, (b) 0.073, (©) 0.238, (4) 0.371 12.71 125 (a) 0.006, (b) 0.633, (c) 0.111, (4) 0.055 (12.5) 12.6 (a) 0.070, (b) 0.322 (12.5) (In (a) mean = 1, s.d = 0.949; in (b) mean = 2, sd = 1.265 112.6] 12.7 (a) 0.982, (b) Yes, t0 0.950 012.71 42.8 Average number of unsatisfied customer per day = 6/10 = 0.6 (12.8, 12.91 42.9 (a) 375, (b) 20; cope with capacity to spare on several days (2.8-12.11] 12.10 £5920 128-1211] 12.11 £10,790 [12.8-12.11) 12.12 £18,400 [12.8-12.11] Chapter 13 ‘To the right of the answer, in quate brackets (7, are the Chapter 18 Example or Examples that are wo at ike the question. Ifyou haven't obtained the right answer, look at them for guidance. 48:1 (@) 0.0475, (b) 0.5714, (2 0.9864, (A) 0.0643, (€) 0.1952, (80.3840, (g) 0.4396 48.2 (a) 0.0708, (b) 0.9984, (€) 0.5000, (4) 0.0708, (e) 0.6034 43.3. (a) 0.0031, (b) 0.0853, (€) 0.0853, (€) 0.9147, (@) 0 9294, (f) 0.9938 13.4 (a) 0.537, (b) 0.099, (c) 0.365 13.5. (a) 0.301, (b) 0.451, (c) 0.074 43.6 (a) 0.0329, (b) 0.0228, (c) Yes ~ fewer fail in less than 60,000 miles [13.1] 13.31 [13.3] 113.5] 13.51 [13.3]‘Answers to review quest 13.7 (a) (i) 0.3156, (ii) 0.0287, (iil) 0.6578 (b) @ 0.2206, (ii) 0.1251, (iii) 0.5229 13.8 (a) (i) 0.0314, (ii) 0.0026, (iii) 0.7580, (iv) 0.5578 (b) 6750.4 litres, (c) 5492.65 litres 13.9 (a) 0.8, (b) 0.328, (c) 0.133 hours = 8 minutes, (d) 3.2 13.10 (a) 0.6915 (B), 0.5714 (N), 0.3085 (P); choose Plankston (b) 0.3085 (B), 0.4286 (N), 0.6915 (P); choose Beamer (©) 0.4225 (B), 0.3453 (N), 0.5375 (P); choose Plankston. 13.11 (a) (i) 0.9564, (ii) 0.2148, (iii) 0.0029 (b) G) 0.8461, (i) 0.1271, (ili) 0.0023 (© ( 0.9906, (ii) 0.3300, (ii) 0.0040 13.12 (a) (i) 0.75, (ii) 2.25, (iii) 0.375 hours = 22.5 minutes (b) ( 0.6, (ii) 0.9, (ii) 0.15 hours = 9 minutes Chapter 14 ‘To the right of the answer, in square brackets [ J, are the Chapter 14 Example or Examples that are most like the question. If you haven't obtained the right answer, look at them for guidance. 16.1 (a) Own diagram (b) Minimum duration = 23 days. Critical path: A, D, E, G (14.1, 14.3] 14.2 22days, A-B-E-F 114.1, 14.31 14.3 (a) Own diagram (b) 30 days, A~B-D (14.1, 14.3] 14. (a) Own diagram (b) 24 seconds; A~B-E-H-I (14.1, 14.3] 145. (a) 1.33pm, (b) D-F-G—H-I-J-K-L-M-0 (144, 14.3] 14.6 (a) 23.333 days, 2.677 days, (b) 0.9936, (c) 25.582 (145-147) 14.7 (a) 24.883 seconds, 1.384 seconds, (b) 0.0202, 1145, 14.6] 14.8 (a) 41 weeks, A-C-D-E-F-H-I (14.1, 14.31 (b) (@) 41.833, 1.951, Gi) 0.1736, (iii) 46.371 weeks (14.5-14.7] 14.9 (@) Owndiagram (b) A-C-D-F-G-I-J-K, 13 days (14.1, 14.31 (©) Crash D and F: £1100 114.8] 14.10 (a) 23.167 days, 1.5 days, (b) 0.2177, (c) 25.635 days (14.5-14.7] @ @A=0,B=1,C=1,D=0,B=0,F=3 14.4) (i) Crash costs per day: £200 for B, £150 for C, £300 for E and £200 for F 1: Crash Eby 1 day cost £300, project duration 22 days 2: Crash E by a further day and C by 1 day cost £450, project duration 21 days Gi) Crash to 22 days; cost (£300) < net loss (£400) [14.8] 14,11 (a) B-H-I-J—M, 37 days (14.1, 14.3] (b) Grash B (2 days) and I (1 day): £1100 114.8] 14.12 (a) 31 minutes, A-B-C-D-F (14.4, 14.3] (b) 0.2033 145-147]