Statement 1 OR

if X is positive X >

if X is negative X <

INSUFFICIENT

Statement 2 y = 1 OR -1

if Y is positive Y =

if Y is negative Y <

INSUFFICIENT

Taken together they are still insufficient. Here are all the possibilities:

Both X and Y are positive

Both X and Y are negative

X is positive, Y is negative

X is negative, Y is positive

Now here's what happens with each possibility

X and Y positive: XY >

X and Y negative: XY >

X positive, Y negative: XY <

X negative, Y positive: XY <

Since we know nothing of the signs in this problem we cannot come to a conclusive answer.

Answer E