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As the number of opening hours a bank opens in a week increases, the amount of transaction, the number of deposits, and the number of loans available also increase. Which of the following is the independent variable?

A. Opening hours

B. Amount of transactions

C. Number of loans available

D. Number of deposits

Answer Explanation:

Based on the given case, the outcome of measuring the duration of opening the bank is the amount of transaction, the number of deposits, and the number of loans available. The three outcomes are dependent variables while the number of opening hours is the independent variable.

Therefore, the Correct Answer is A.

More Questions on TEAS 7 Math

  • Q #1: A pharmaceutical company’s stock price was $33.65 on Monday. On Tuesday, the price went up $1.23. On Wednesday, the price decreased from Tuesday’s price by $0.97. On Thursday, the price went up $2.75 from Wednesday’s price. Which of the following was the final price on Thursday?

    A. $33.65

    B. $33.91

    C. $34.88

    D. $36.66

    Answer Explanation

    The final price of the stock on Thursday can be found by finding the price on the previous day taking into account the price changes as follows.

    The price of the stock on Monday was $33.65

    On Tuesday the price of the stock went up by $1.23 from Monday’s price. Then, Tuesday’s price was $(33.65+1.23)=$34.88

    The price of the stock on Wednesday decreased by $0.97 from Tuesday’s price. The price on Wednesday became $(34.88-0.97)=$33.91

    Thursday’s price increased by $2.75 from Wednesday’s price, which was $(33.91+2.75)=$36.66

    Therefore, the final price of the stock on Thursday was $36.66.

  • Q #2: Which of the following is the decimal equivalent of 9/26?

    A. 0.28

    B. 3.6

    C. 3.86

    D. 0.35

    Answer Explanation

    9/26 is equivalent to 9÷26. The value becomes 0.3461538.

    Thus, 0.35  is the decimal equivalent of 9/26.

  • Q #3: There are 800 students enrolled in four allied health programs at a local community college. The percent students in each program are displayed in the pie chart. Which of the following is the number of students enrolled in the nursing program?

    A. 168

    B. 144

    C. 336

    D. 152

    Answer Explanation

    we are asked to find the number of students enrolled in the nursing program using the percentages in the pie chart.

    If we let x represent the number of students enrolled in the nursing  program, we set a proportion equation with number of students on the numerator and percentages on the denominator.

    Total percent in the pie chart is 100%, which equals 800 students. Then, 42% will represent

    We solve the value of x by cross-multiplying the equation above.

    Therefore, 336 students will enroll for a nursing program.