Nursing Elites

1. Chan receives a bonus from his job. He pays 30% in taxes, donates 30% to charity, and uses another 25% to pay off an old debt. He has $600 remaining. What was the total amount of Chan's bonus?

• A. $3,000
• B. $3,200
• C. $3,600
• D. $4,000

Correct answer: D

Rationale: Chan has used 30% + 30% + 25% = 85% of his bonus, which leaves 15% remaining. Since 15% of his bonus is $600, you can find the total bonus amount by dividing $600 by 15% (or multiplying by 100/15), which equals $4,000. Therefore, the correct answer is $4,000. The other choices are incorrect because they do not accurately represent the total remaining amount after the specified deductions.

2. Solve the equation for the unknown. 3x + 2 = 20

• A. x = 2
• B. x = 4
• C. x = 6
• D. x = 8

Correct answer: C

Rationale: Simplify the equation step by step: Subtract 2 from both sides: 3x + 2 - 2 = 20 - 2 3x = 18 Divide both sides by 3: x = 18 ÷ 3 x = 6 Therefore, the correct answer is C (x = 6).

3. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

• A. $43,333.33
• B. $86,666.67
• C. $52,000.00
• D. $78,000.00

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

4. A teacher earns $730.00 per week before any tax deductions. The following taxes are deducted each week: $72.00 federal income tax, $35.00 state income tax, and $65.00 Social Security tax. How much will the teacher make in 4 weeks after taxes are deducted?

• A. $2,250.00
• B. $2,550.00
• C. $2,400.00
• D. $2,232.00

Correct answer: D

Rationale: After deducting $172 weekly for taxes ($72 + $35 + $65), the teacher's net weekly income is $558. Over 4 weeks, the total income is $2,232.00. Choice A is incorrect as it does not account for the taxes deducted. Choice B is incorrect as it overestimates the income by not deducting the taxes. Choice C is incorrect as it also does not consider the tax deductions.

5. When the sampling distribution of means is plotted, which of the following is true?

• A. The distribution is approximately normal.
• B. The distribution is positively skewed.
• C. The distribution is negatively skewed.
• D. There is no predictable shape to the distribution.

Correct answer: A

Rationale: When the sampling distribution of means is plotted, the distribution tends to be approximately normal, especially as the sample size increases. This phenomenon is described by the Central Limit Theorem, which states that the sampling distribution of the sample mean will be normally distributed regardless of the shape of the original population distribution as long as the sample size is sufficiently large. Choices B and C are incorrect because sampling distributions of means are not skewed. Choice D is incorrect because there is a predictable shape to the distribution, which is approximately normal.

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