Which of the following is the last step of the Personal financial planning process?      A. Start budgeting.B. Implement your plan.C. Hire a professional financial planner.D. Just do it.E. None of the above.

One of the biggest rewards of financial planning is …      A. Being a millionaire in a short time frame.B. Making all the money you want to in this life.C. Getting the most happiness over your lifetime given your resources.D. All of the above are valid.

The current value in today’s dollars of a future sum of money is called …      A. present valueB. compounded valueC. future valueD. adjusted valueE. discounted value

Political pollsters may be interested in the proportion of people that will vote for a particular cause. Match the vocabulary word with its corresponding example.  

Fifty part-time students were asked how many courses they were taking this term. The (incomplete) results are shown below: # of Courses Frequency Relative Frequency Cumulative Relative Frequency 1 30 0.6   2 15     3       What percent of students take exactly two courses? (Be sure to write your answer as a percent and not a proportion) And no need to type the % after your answer.  

A cardiologist is interested in the average recovery period for her patients who have had heart attacks. Match the vocabulary word with its corresponding example.  

Sixty adults with gum disease were asked the number of times per week they used to floss before their diagnoses. The (incomplete) results are shown below: # Flossing per Week Frequency Relative Frequency Cumulative Relative Frequency 0 27 0.4500   1 18     3     0.9333 6 3 0.0500   7 1 0.0167   What is the cumulative relative frequency for flossing 6 times per week? Round to 4 decimal places.  

Fifty part-time students were asked how many courses they were taking this term. The (incomplete) results are shown below: # of Courses Frequency Relative Frequency Cumulative Relative Frequency 1 30 0.6   2 15     3       Determine the Cumulative Relative Frequency for taking 2 classes.  

A political action committee is interested in the proportion of all registered voters who will vote “Yes” on a measure to expand the use of solar energy. Match the vocabulary word with its corresponding example.  

A bank manager is interested in the average length of time that customers are willing to wait in line before they give up and leave the bank. Match the vocabulary word with its corresponding example.