Math Exercises

Sports and Entertainment Marketing Practice Test

	1.	At the 2000 Summer Olympics in Sydney, Australia, the United States won 39 gold medals. Russia won 32, China won 28, Australia won 16, Germany won 14, France won 13, and Italy won 13. What is the mean of these numbers?

		a.	13
		b.	16
		c.	20
		d.	22

	2.	A company purchases lower-priced in-line skates for $10.50 apiece and higher-priced ones for $18.40. What is their profit margin if they sell 1000 of each at a 3 times markup and incur selling and administrative costs of $42,200?

		a.	14%
		b.	18%
		c.	20%
		d.	33%

	3.	To beat a competitor's pricing strategy, a music company lowered the price of its top-line CD by about 30% to $12.99. Which could be the price of the CD before the price was lowered?

		a.	$43.39
		b.	$18.49
		c.	$15.99
		d.	$13.29

	4.	In 2004 companies paid an average of $225 million for 30 seconds of commercial time on the Super Bowl broadcast. How much did advertising time cost per second?

		a.	$7,500
		b.	$75,000
		c.	$750,000
		d.	$7,500,000

	5.	Season attendance at a Major League Baseball park was 3,567,819. If the team played 81 home games, which best describes the average attendance per game?

		a.	>44,000
		b.	< 44,000
		c.	= 44,000
		d.	44,000

	6.	60% of the total retail dollars spent on athletic shoes are spent on the top 5 brands. Sales of the best-selling brand represent 56.67% of that total. What is the market share of the best-selling brand?

		a.	30%
		b.	34%
		c.	43%
		d.	57%

	7.	Sales of a popular sports drink have increased from $85 million in 1983 (a) to $2 billion in 2003 (b). Which could be used to find the average rate of growth (c) over the 20 years?

		a.
		b.
		c.
		d.

	8.	At the 2000 Summer Olympics in Sydney, Australia, the United States won 39 gold medals. Russia won 32, China won 28, Australia won 16, Germany won 14, France won 13, and Italy won 13. What is the mode of these numbers?

		a.	13
		b.	16
		c.	20
		d.	22

	9.	A popular film grossed $140 million. 26% came from theatrical receipts, 28% from television sales, and the rest from video/DVD sales and rentals. How much revenue was generated by video/DVD sales and rentals?

		a.	$67.2 million
		b.	$36.4 million
		c.	$39.2 million
		d.	$64.4 million

	10.	If a baseball player ends the season with 505 at bats and 130 hits, what is his batting average?

		a.	.257
		b.	.258
		c.	.260
		d.	.267