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Numeracy Skills 2

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  • Numeracy Skills Part 2. Practice Tests

    Anthony J. Evans Associate Professor of Economics, ESCP Europe

    www.anthonyjevans.com

    London, February 2015

    (cc) Anthony J. Evans 2015 | http://creativecommons.org/licenses/by-nc-sa/3.0/

  • Introduction to numeracy tests

    Numeracy tests are designed to ascertain your level of numerical literacy

    50% should be the average score Basic arithmetic

    Addition, subtraction, multiplication, division Use a calculator (not your phone!)

    2

  • Suggested process for numeracy tests

    Identify relevant information

    Apply appropriate technique

    Verify solution

    Step 1 Step 2 Step 3

    3

  • Americas largest private companies

    What proportion of Americas 10 largest private companies have revenues of $20bn or more?

    4 Source: Forbes, The Largest Private Companies 2006 http://www.forbes.com/lists/2006/21/biz_06privates_The-Largest-Private-Companies_Rank.html

  • Americas largest private companies

    What proportion of Americas 10 largest private companies have revenues of $20bn or more?

    5 Source: Forbes, The Largest Private Companies 2006 http://www.forbes.com/lists/2006/21/biz_06privates_The-Largest-Private-Companies_Rank.html

    60% = = 0.60 6

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  • SHL test trials

    We will look at the example questions from SHL SHL is a leader in test preparation, and are used by various

    recruiters You can practice online under test conditions at your

    leisure

    6

  • Newspaper readership

    1. Which newspaper was read by a higher percentage of females than males in Year 3?

    a. The Tribune b. The Herald c. Daily News d. Daily Echo e. The Daily Chronicle

    2. What was the combined readership of the Daily Chronicle, the Daily Echo and The Tribune in Year 1?

    a. 10.6 b. 8.4 c. 9.5 d. 12.2 e. 7.8

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  • NEWSPAPER READERSHIP: A1

    1. Which newspaper was read by a higher percentage of females than males in Year 3?

    a. The Tribune b. The Herald c. Daily News d. Daily Echo e. The Daily Chronicle

    2. What was the combined readership of the Daily Chronicle, the Daily Echo and The Tribune in Year 1?

    a. 10.6 b. 8.4 c. 9.5 d. 12.2 e. 7.8

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  • NEWSPAPER READERSHIP: A2

    1. Which newspaper was read by a higher percentage of females than males in Year 3?

    a. The Tribune b. The Herald c. Daily News d. Daily Echo e. The Daily Chronicle

    2. What was the combined readership of the Daily Chronicle, the Daily Echo and The Tribune in Year 1?

    a. 10.6 b. 8.4 c. 9.5 d. 12.2 e. 7.8

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  • AMOUNT SPENT ON COMPUTER IMPORTS: Q3,4

    3. In Year 3, how much more than Italy did Germany spend on computer imports?

    a. 650 million b. 700 million c. 750 million d. 800 million e. 850 million

    4. If the amount spent on computer imports into the UK in Year 5 was 20% lower than in Year 4, what was spent in Year 5?

    a. 1,080 million b. 1,120 million c. 1,160 million d. 1,220 million e. 1,300 million

    10

  • AMOUNT SPENT ON COMPUTER IMPORTS: A3

    3. In Year 3, how much more than Italy did Germany spend on computer imports?

    a. 650 million b. 700 million c. 750 million d. 800 million e. 850 million

    4. If the amount spent on computer imports into the UK in Year 5 was 20% lower than in Year 4, what was spent in Year 5?

    a. 1,080 million b. 1,120 million c. 1,160 million d. 1,220 million e. 1,300 million

    11

  • AMOUNT SPENT ON COMPUTER IMPORTS: A4

    3. In Year 3, how much more than Italy did Germany spend on computer imports?

    a. 650 million b. 700 million c. 750 million d. 800 million e. 850 million

    4. If the amount spent on computer imports into the UK in Year 5 was 20% lower than in Year 4, what was spent in Year 5?

    a. 1,080 million b. 1,120 million c. 1,160 million d. 1,220 million e. 1,300 million

    12

  • And finally

    Replicate test conditions Time yourself Dont have answers to hand Be hydrated Trust, but verify

    Ive got a job!

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  • This presentation forms part of a free, online course on analytics

    http://econ.anthonyjevans.com/courses/analytics/

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