Quant Flashcards
(a-b+1)/((ab-b)-(1+a)(1-a))
(a-b+1)/((b(a-1)+(1+a)(1-a))
(a-b+1)/((-b(1-a)+(1+a)(1-a))
(a-b+1)/((1-a)(-b+1+a)
1/(1-a)
Given a/b and c/d
a/b+c/d=?
a/b-c/d=?
ad+cb/(db)
ad-cb/(bd)
Zero product property
If 2 things multiply to 0, at least one of them must be 0
Standard Deviation
measures “how far” a set of values are from the average of that set
High value= mean + x(sd)
Low value = mean - x(sd)
x–> the number of standard deviations from the mean
sqrt(2) sqrt(3) sqrt(5) sqrt(6) sqrt(7) sqrt(8)
=1.4 =1.7 =2.2 =2.4 =2.6 =2.8
|a-b| >=|a|-|b| if…
b does not equal 0 and |a-b|=|a|-|b|
a and b share the same signs and |a|>=|b|
only true of (+)(+) or (-)(-)
Compound interest
A=P(1+r/n)^(nt)
A=Future value of investment P=Initial value R=Interest rate per year n=Number of compounding periods per year t=time(#years)
Area of a regular hexagon
3sqrt(3)/2*s^2, where S is the the length of any of the sides
3sqrt(3)/2 = 2.6
When solving “at least” problems, first calculate the probabilities of the mutually exclusive scenarios, then add those probabilities to determine the final
In city Y, the probability that it will snow more than 5 inches during any given snowstorm in the month of January is 1/3. If there are 3 snowstorms, what is the probability that it snows more than 5 inches in at least 2 of the snowstorms
Scenario 1:
YYN
Arranged in 3!/2!= 3 ways
3(1/31/3*2/3)= 6/27
Scenario 2:
YYY
(1/31/31/3) = 1/27
6/27+1/27 = 7/27
Determining the number of primes in a factorial when base of a divisor is power of a prime
30!/4^n
Determine number of 2’s in 30!. Then create and simplify an inequality
30!/4^n-->30/2^2n 30/2 = 15 30/4=7 30/8= 3 30/16= 1 15+7+3+1=26
2n<=26
n<=13
Zero slope vs undefined slope
which is horizontal and which is vertical
Zero slope is horizontal
undefined slope is vertical
Exponential decay example:
If money in an account decreased by 50% each week, the amount of money by which the account decreased during the 3rd week is what fraction of the amount of money at the end of the first week
Initial Amt Amt Removed Amt Remaining
1st: x 1/2x 1/2x
2nd: 1/2x 1/2x1/2=1/4x 1/4x
3rd: 1/4x 1/4x1/2 = 1/8x 1/8x
(1/8x)/(1/2x) = 1/4x
For a function in the form of f(x)=kx^n+c where n is a positive even integer and K is nonzero:
if k>0, the range of f(x) is all real numbers >=C
if K<0, the range is all real numbers <=c
Trailing 0’s
Created by 5x2 pairs. Each pair in a number creates 1 trailing 0
Square roots and squares of fractions
(a/b)^2
sqrt(x/y)
(a/b)^2= a^2/b^2 sqrt(x/y)= sqrt(x)/sqrt(y)
x is jointly proportional to y and z
x = ykz
Leading 0’s
If x is an integer with K digits, then 1/x will have k-1 leading 0’s. If x is a perfect power of 10, there will be k-2 leading 0’s
2/7
.286
Slope intercept equation
y = mx+b
y= y coordinate for a point on the line
x = corresponding x coordinate for the point on the line
m - slope of the line
b = y intercept
If a number x has y prime factors, then x^n will have the same y factors
18 = 3^2*2 18^3 = 3^3 *2^2
If W is divisible by 6 and 9. W must be a multiple of which of the following:
4 12 18 24 36
18
We are given that W is divisible by 6 and 9. In other words, W is a multiple of both 6 and 9. To determine what must be a multiple of 6 and 9, we can determine the LCM(6,9)
If Z is divisible by both x and y, Z must also be divisible by the LCM of x and y
Linear Growth Example:
An investment grows by the same amount each year. The value of the portfolio after year 8 was 5/4 the value after year 5. If the portfolio began with $100, what is the amount the portfolio grew by each year?
year 1: 100+x
year 2: 100+2x
…
year 8=100+8x
year 8=5/4(year 5)
100+8x= 5/4(100+5x)
x=14
“Percent of” means to multiple a given percent by a given value
5 percent of z = ?
400 percent of y =?
m percent of p =?
(5/100)z
(400/100)y
(m/100)*p
x^7 has the same sign as x
Numbers raised to odd powers reveal positvity/negativity
It’s impossible to determine the sign of numbers raised to even powers