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Exercise 2 -
Answers
- The first task,
finding the total value of a pension plan at age 65, is a document use task.
The second, calculating monthly pension is a quantitative task.
- To use the
table, the respondent must know the annual amounts contributed to the pension
plan (both individual and employer shares). The respondent must also know how
many years the contributions into the plan will be made.
- A typical
question might be: If I and my employer have each contributed $3,000 to my
pension plan since I was 35, and we continue to do so until I am age 65, what
will my total return be on the plan at that time?
- Task 1 - Find
total pension plan return at age 65
|
Type of
Task |
Document Use
- Level 2 (Because this is on the borderline of 1 and 2, and the task
requires information from off the document (see ‘dependency’ on p.
37), call this level 2. |
|
Type
Document |
Level
2 |
|
ToI
2 |
ToM
2 |
PoD
2 |
|
|
Type of
Information |
amount
(2) |
|
Type of
match |
locate (1);
two feature match (+1); literal match for given (+0): total (2) |
|
Distractors |
Possibly
some for given information, contributing years and amounts (2) |
|
|
|
Task 2 -
Calculate monthly pension |
|
Type of
task |
Quantitative
- Level 3 |
|
Type
Quant. |
Level
3 |
|
ToO
5 |
SoO
2 |
PoD
2 |
|
|
Type of
operation |
mixed (two
divisions) (5) |
|
Specificity
of operation |
numbers in
row (0); numbers adjacent (0); labels present and amounts identified with a
search (1); operation identified with symbols (0); numbers entered from
previous task (1); units require no conversion (0); total (2) Note that one
number in this calculation is from the previous task (total value of pension
plan) while another is given in the text (years you expect to live after
65) |
|
Distractors |
distractors
for given years expected to live (2) |
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