Suppose, a litre of cola costs US$3.15. If you buy one third of a litre of cola, how much would you pay?
The above may seem like a rather basic question. Something that you would perhaps expect the vast majority of adults to be able to answer? Particularly if they are allowed to use a calculator.
Unfortunately, the reality is that a large number of adults across the world struggle with even such basic financial tasks (the correct answer is US$1.05, by the way).
[...] In many other countries, the situation is even worse. Four in every ten adults in places like England, Canada, Spain and the US can't make this straightforward calculation – even when they had a calculator to hand. Similarly, less than half of adults in places like Chile, Turkey and South Korea can get the right answer.
-- submitted from IRC
High number of adults unable to do basic mathematical tasks
(Score: 5, Interesting) by Fluffeh on Friday March 16 2018, @02:42AM (1 child)
I used to work in an area with a lot of forecasters looking after a supply chain. When interviewing applicants for new roles, we would always have a conversation like this:
"You have an item with a base forecast of 100. What do you get it you apply a 50% uplift to it?"
"150"
"Okay, of course, now apply a 50% reduction back to it. What's the forecast?"
It's truly scary how many people answer with 100 again. And this is for a job where math is supposed to be second nature.
(Score: 4, Informative) by TheRaven on Friday March 16 2018, @09:08AM
sudo mod me up