Numerical Test 13

Solutions Booklet

Instructions

This numerical reasoning test comprises 9 questions, and you will have 60 seconds per
question. Calculators are permitted for this test, and it is recommended you have some rough
paper to work on.

This example test has two subtests. The first subtest assesses your ability to perform
numerical calculations and the second subtest assesses your ability to make decisions based
on numerical data.

This first subtest comprises nine questions and you will have 60 seconds to answer each
question. This subtest measures your ability to interpret numerical information and perform
calculations. You will be presented with short numerical problems, requiring a number of
calculations to solve. For each question you will be presented with five possible options, only
one of which is correct. You will need a calculator and some rough paper to complete this
subtest.

You will have to work quickly and accurately to perform well in this test. If you don't know the
answer to a question, leave it and come back to it if you have time. Each question will have
five possible answers, one of which is correct. If the exact correct answer is not provided,
select the closest possible answer. You may click Back and Next during the test to review or
skip questions.

You can submit your test at any time. If the time limit is up before you click submit the test will
automatically be submitted with the answers you have selected. It is recommended to keep
working until the time limit is up.

Try to find a time and place where you will not be interrupted during the test. The test will
begin on the next page.

AssessmentDay
Practice Aptitude Tests
 Q1 You want to invest in the commodity with the highest combined rating of
“Liquidity" and "Forecast". Which commodity should you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Combine the ratings for “Liquidity” and “Forecast” and identify the largest combined
rating.

Wheat = 2 + 10 = 12
Oats = 6 + 4 = 10
Rice = 3 + 3 = 6
Corn = 9 + 5 = 14
Soybeans = 7 + 9 = 16

Thus, the correct answer is (E) Soybeans

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 Q2 You select the commodities with no ratings at or below "Very Low". Of the
selected commodities, you choose the two cheapest per tonne. You then
invest in the commodity with the fewest ratings at or below "Above Average".
Which commodity do you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Select the commodities with no ratings at or below “Very low”

Wheat = 2 ratings at or below “Very Low”

Oats = 1 rating at or below “Very Low”
Rice = 0 ratings at or below “Very Low”
Corn = 0 ratings at or below “Very Low”
Soybeans = 0 ratings at or below “Very Low”

Step 2 – Of the applicable commodities, select the two cheapest commodities per tonne.

Rice = £219.20
Corn = £116.00
Soybeans = £279.20

Step 3 – Of the applicable commodities, select the commodity with the fewest ratings at or
below “Above Average”

Rice = 3 ratings at or below “Above Average”

Corn = 1 rating at or below “Above Average”

Thus, the correct answer is (D) Corn

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 Q3 You only want to invest in a commodity with a "Liquidity" to "Forecast" ratings
ratio of 1:1 or above. Which commodity do you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Calculate the “Liquidity" to "Forecast" ratio for each commodity and identify the
commodity with a ratio of 1:1 or above.

Wheat = 8 / 10 = 0.8
Oats = 7 / 4 = 1.75
Rice = 7 / 10 = 0.7
Corn = 4 / 5 = 0.8
Soybeans = 1 / 9 = 0.9

Thus, the correct answer is (B) Oats

Tip: you could save time on this question simply by looking at the data and seeing which one
has a Liquidity rating higher than a Forecast rating.

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 Q4 Of the commodities with a "Price per Tonne" lower than £200, you select the
commodity with the highest number of ratings between "Medium " and
"High". Which commodity do you select?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Identify the commodities with a "Price per Tonne" lower than £200

Wheat = £164.20
Oats = £219.90
Rice = £241.30
Corn = £220.90
Soybeans = £180.30

Step 2 – Of the applicable commodities, select the commodity with the highest number of
ratings between "Medium" and "High".

Wheat = 3 ratings between “Medium” and “High”

Soybeans = 1 rating between “Medium” and “High”

Thus, the correct answer is (A) Wheat

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 Q5 You want to invest in the commodity with both an average rating of "High" or
more across all features, and a rating of at least "High" for "Performance".
Which commodity do you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Identify the commodities with an average rating of “High” across all features

Wheat = (8 + 4 + 7 + 3) / 4 = 5.5
Oats= (10 + 6 + 6 + 3) / 4 = 6.25
Rice= (4 + 10 + 5 + 10) / 4 = 7.25
Corn= (1 + 1 + 4 + 2) / 4 = 2
Soybeans = (6 + 3 + 4 + 7) / 4 = 5

Step 2 – Of the applicable commodities, identify the commodity with a rating of “High” or more
for “Performance”

Rice = rating of 4 for performance

Thus, the correct answer is (F) None of the above

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 Q6 You want to invest in the commodity with a “Price per Tonne” of less than
£200 per Tonne, and with no ratings at or below "Low". Which commodity do
you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Identify the commodities with a “Price per Tonne” of less than £200

Wheat = £191.90
Oats = £252.80
Rice = £215.90
Corn = £171.60
Soybeans = £270.60

Step 2 – Of the applicable commodities, identify the commodities with no ratings at or below
“Low”

Wheat = 0 ratings at or below “Low”

Corn = 2 ratings at or below “Low”

Thus, the correct answer is (A) Wheat

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 Q7 You do not want to invest in a commodity with a "Performance" rating lower
than its rating for "Forecast”, a “Volatility” rating at or above "High", or a price
per tonne of £200 or higher. Which commodity could you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – identify the commodities with “Performance” ratings higher than its “Forecast” ratings

Wheat = 8 : 9
Oats = 9 : 8
Rice = 8 : 7
Corn = 7 : 9
Soybeans = 2 : 10

Step 2 – Of the applicable commodities, identify the commodities with a “Volatility” rating
below “High”.

Oats = 7
Rice = 8

Thus, the correct answer is (F) None of the above

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 Q8 You want to either invest in a commodity with no ratings at or below
"Medium", or a commodity with an average "Performance" and "Liquidity"
rating of "Above Average" or higher and a commodity with a "Price per
Tonne" of £150 or lower. Which commodity do you invest in?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Identify a commodity with no ratings at or below “Medium”

Wheat = 2 ratings at or below “Medium”

Oats = 2 ratings at or below “Medium”
Rice = 1 rating at or below “Medium”
Corn = 2 ratings at or below “Medium”
Soybeans = 2 ratings at or below “Medium”

Step 2 – Identify a commodity with an average “Performance” and “Liquidity” rating of “Above
average” or higher.

Wheat = (6 + 6) / 2 = 6
Oats = (5 + 8) / 2 = 6.5
Rice = (5 + 7) / 2 = 6
Corn = (10 + 1) / 2 = 5.5
Soybeans = (5 + 7) / 2 = 6

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 Step 3 – Identify the commodity with a “Price per Tonne” lower than £150

Wheat = £255.40
Oats = £259.20
Rice = £150.10
Corn = £190.30
Soybeans = £111.60

Thus, the correct answer is (E) Soybeans

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 Q9 You consider "Performance" to be 50% more important than "Forecast",
which you consider to be 30% more important than either of the other two
ratings. With this in mind, which commodity would have the highest weighted
average across all four ratings?

(A) Wheat
(B) Oats
(C) Rice
(D) Corn
(E) Soybeans
(F) None of the above

Step 1 – Increase the “Forecast” rating by 30% for each commodity

Wheat = 10 x 1.3 = 13
Oats = 9 x 1.3 = 11.7
Rice = 2 x 1.3 = 2.6
Corn = 6 x 1.3 = 7.8
Soybeans = 5 x 1.3 = 6.5

Step 2 – Increase the “Performance” rating by 30% and then 50% for each commodity

Wheat = 7 x 1.3 x 1.5 = 13.65

Oats = 9 x 1.3 x 1.5 = 17.55
Rice = 4 x 1.3 x 1.5 = 7.8
Corn = 10 x 1.3 x 1.5 = 19.5
Soybeans = 3 x 1.3 x 1.5 = 5.85

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 Step 3 – Calculate the weighted average across all four features, and identify the commodity
with the largest average

Wheat = (13.65 + 8 + 5 + 13) / 4 = 9.9125

Oats = (17.55 + 8 + 1 + 11.7) / 4 = 9.5625
Rice = ( 7.8 + 8 + 5 + 2.6) / 4 = 5.85
Corn = (19.5 + 6 + 6 + 7.8) / 4 = 9.825
Soybeans = (5.85 + 7 + 9 + 6.5) / 4 = 7.0875

Thus, the correct answer is (A) Wheat.

-- End of Test --

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