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	Three stacks containing equal numbers of chips are to be made from 9 red chips, 7 blue chips and 5 green chips are used and each stack contains at least 1chip of each color. What is the maximum number of red chips in one stack?
	X, Y and Z each try independently to solve a problem. If their individual probabilities for success are $$\frac{1}{4}$$, $$\frac{1}{2}$$ and $$\frac{5}{8}$$, respectively, what is the probability that X and Y, but not Z, will solve the problem?
PREP07 Test 1	Each of the students in a certain class received a single grade of P, F, or I. What percent of the students in the class were females?(1) Of those who received a P, 40 percent were females.(2) Of those who received either an F or I, 80 percent were males.
PREP07 Test 2	A farm used two harvesting machines, H and K, to harvest 100 acres of wheat. Harvesting machine H, working alone at its constant rate, harvested 40 acres of wheat in 8 hours. Then harvesting machine K was brought in, and harvesting machines H and K, working together at their respective constant rates, harvested the remaining acres of wheat in 5 hours. Harvesting machine K harvested how many acres of wheat per hour?
	If the average (arithmetic mean) of 5 positive temperatures is x degrees Fahrenheit, then the sum of the 3 greatest of these temperatures in degrees Fahrenheit, could be
	In township K, $$\frac{1}{5}$$ of the housing units are equipped with cable television. If $$\frac{1}{10}$$ of the housing units, including $$\frac{1}{3}$$ of those that are equipped with cable television, are equipped with video I cassette recorders, what fraction of the housing units have neither cable television nor videocassette recorders?
	In the figure below, segments RS and TU represent two positions of the same ladder leaning what is the length of TR? (1)The length of TU is 10 meters. (2) The length of RV is 5 meters.
	When an object is dropped, the number of feet N that it falls is given by the formula N=1/2gt2, where t is the time in seconds since it was dropped and g is 32.2, if it takes 5 seconds for the object to reach the ground, how many feet does it fall during the last 2 seconds?
	While BabyCare is currently accomodating 30 babies per month, it is contemplating improving its quality of service or increasing the number of babies it cares for in order to increase profit. Currently, management is trying to determine whether to run its business at a 20-baby maximum or at a 50-baby maximum.Which of the following pieces of information would increase the total cost per baby of running a 50-baby maximum day care center versus a 20-baby maximum day care center. Assume the business runs at full capacity and it is not eligible for any bulk discounts for the month of February.
	For each of the following statements, select Yes if the statement must be true of a boy selected at random from a model population. Otherwise, select No.
	The proposed transaction structure offered by the buyer comprises what percentage of the deal in stock?
	Sports AssociationStatement by sports association spokesperson:Our sports association issues contracts to television networks for the exclusive right to broadcast our sporting events. For this right, the networks pay the association substantial fees, which help finance our leagues. We also provide free media passes to our events for journalists so that they can effectively report on sports news, including final scores. Now, however, some news organizations are posting video clips, audio clips, digital photographs, and live score updates from our events on their websites. Conditions must be placed on these practices, which go beyond mere sports news reporting; they harm the value of our broad-casting contracts and violate our rights as the owners of the sports leagues. News organizations that wish to post such information on their websites should therefore sign contracts with the sports association that stipulate what postings will be allowed and how much they will cost. As we have in the past, we will deny media passes to journalists from news organizations that do not comply without requirements.News OrganizationsStatement by news organizations spokesperson:The news business has largely shifted from print media to the Internet, where readers expect text to be accompanied by audio and images. To charge news oganizations for providing online sports coverage or to place unnecessary conditions on that ocverage is to deny news organizations their right to cover the news. Online news sites are not asking to broadcast sporting events in their entirety and their sports reporting does not detract from the value of the sports leagues or their events. On the contrary -- free, engaging sports reporting generates interest in sports and thus benefits readers and the sports association alike. News organizations must be allowed to report freely about sports on their websites, in any time-frame, using any type of online medium they deem effective.
	For each of the following combination of patients, select Yes if, based on the information provided, the business revenue generated can be shown to be less than the cost to rent the medical spa for the first month. Otherwise, select No.
	Which of the following statements can be inferred from the information provided in the three passage tabs?
	Jill and her friends are planning a 5-day/4-night spring break trip to Cancun. Their group has 10 people and they want to stay in the first block of the waterfront area. What is the total cost for Jill and her friends traveling from Partee University?
	Assume that spring break operators receive a reimbursement from the waterfront beach housing organization (which owns the waterfront beach houses) for 25% of the front row block rate for each unoccupied beach house in the front row block of the waterfront area.For each of the following spring break operators, select Yes if the spring break operator would lose beach house revenue if a room in the block is vacant because a traveler group employed the ROB strategy. Otherwise, select No.
	Many individuals stand to benefit financially from spring breakers coming out for their vacations. For each of the following individuals, choose Gain if the individual would likely earn more money if beach houses in the front row block are vacant because of attendees using ROWFA strategies. Otherwise select No Gain.
	Assume that for the four nights that spring break travelers stay, beach houses outside the waterfront area are available at their lowest rate.For the following cities, select Yes if spring break traveler groups would be more likely to reserve a beach house in the front row of the waterfront block than getting a beach house outside the waterfront area. Otherwise, select No.
	A boy, John, selected at random from a model population runs a 10:50 kilometer. Another randomly selected boy, Peter, runs a 10:00 kilometer. Both boys measured 80cm tall. The difference in their percentiles in height among boys who run their respective speeds is most closest to
	IPO PricingResearchers recently examined the initial public offering (IPO) -- a private firm's first sale of stock shares to the public -- of firms listed on Kenya's Nairobi Stock Exchange (NSE) between 1994 and 2008. During this time, the number of IPOs listed per year varied from zero to four. The researchers wanted to examine the extent to which four different variables -- investor sentiment, firm size, board prestige, and firm age -- affected the IPO stock share price, which is set by the firm. They hypothesized that all four variables would show a strong positive correlation with this IPO asking price. However, after examing the firms listed, they were surprised to find that none of the variables showed a strong positive correlation with IPO pricing, and in fact investor sentiment and board prestige both showed a strong negative correlation.The researcheres also discovered that nearly all of these IPOs were underpriced by an average of 50 percent, which is to say the IPO share prices were about half of what the share prices were at the close of the first day of trading. Such underpricing constitutes a loss to the listed firm because the firm could have immediately raised more money with a higher price. The researchers noted that firms should take care to set an IPO price low enough to capture investor interest but high enough to generate sufficient capital for the firm.1994-2008 IPOsThe table lists companies examined by the researchers, that had their IPO on the NSE between 1994 and 2008, together with the IPO share price, first day closing price, and percent underpricing. Prices are in Kenyan shillings.