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Thursday, September 22, 2011

Math OGT Question

Question 1 (Number Sense)

The employees of a company will vote on two options for pay increases. The first option states that each employee will receive a $500 raise; the second option states that each employee will receive a 2% raise.

The table shows the annual salaries of the employees of the company.

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In your Answer Document, determine which option is likely to receive the most votes. Support your response by comparing the effects of each option on the given salaries.

16 comments:

  1. option 1 because its more than what option 2 is offering

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  2. most likely they will vote for the 2 percent i know i would cause wouldn't you get more then a 500 dollar raise? i dont know im gonna go with 2 percent

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  3. I think they should pick option 2%. They will receive more money!

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  4. well the 500 dollar raise is better for more than half of the company because 2% of your salary isn't more than 500$ but for whoever is making $71,000 a year the 2% options would be more beneficiary than the $500 one I did the math if it's a 2% raise you do your salary divided by 100 * 2 so its salary divided by 100 time's 2

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  5. the option to receive the most votes would be the 2% because few of the employees are already getting payed a less salarie and most of the employees that are getting bigger salaries.the employees want to get the bigger salaries.

    michaela said

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  6. the $500 raise is more likely due to the fact that more people will get less than a $500 raise with the 2% increase. the total number of employees is 64, 34 will receive less than $500 dollars with the 2% salary raise and the remaining 30 will get a raise greater than $600 from the same 2% increase to their salary.

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  7. The option that is most likely to receive the most votes would be getting the $500 raise, otherwise the 2% would be unfair to everyone. With the 2% raise the few people who make the biggest salaries, would get a way higher raise then the more people who make a lower salary. If you choose the $500 raise, there would be a much more even raise and it would be more fair.

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  8. i think option 1 because it shows salaries

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  9. im taken a wild guess and picking option 1 because $500 raise just sounds like a hell of alot

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  10. The $500 increase is more likely to win the vote. For a person with a salary of 18,500 they recieve about $1,541.67 per month. With a 2% increase the monthly amound only raises to $1,541.69 and the salary amount is $18,500.28. With a $500 increase the monthly amount would be raised to $2,041.67 and the salary amount would be 24,500.04. For a person with a $71,000 salary the monthly amount recieved for a 2% increase would be $71,000.28, for a $500 increase the salary amount would be 77,000.04.

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  11. Im gonna go with option 2..

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  12. I think its going to be option 2

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  13. Here is my answer:
    The option that would most likely receive the greatest number of votes is option #1, the $500 raise. The reason is because the bottom three salaries would make more with the $500 raise than the 2% raise. The total number of employees with the lowest three salaries is 34. The top four salaries would prefer a 2% raise, which is a total of 30 people. Therefore, the $500 raise is beneficial for the majority of employees.

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  14. $500 raise is more likely because more people will get less than a $500 raise with the 2% increase. 34 empolyees will receive less than $500 dollars with the 2% salary raise, the rest of the empolyees (30) will get a raise higher than $600 from the same 2% increase to their salary.

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  15. Since not everyone will be making top notch pay I believe theyd choose option 1, the $500 raise. The 2% increase of pay raise will only be beneficial for those making the top notch income and since thats only 4 people everyone else wouldnt find it too beneficial.

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