Find all School-related info fast with the new School-Specific MBA Forum

It is currently 21 May 2013, 23:17
Customize  |  Hide

The numbers of cars sold at a certain dealership on six of

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11534
Followers: 1795

Kudos [?]: 9565 [0], given: 826

The numbers of cars sold at a certain dealership on six of [#permalink] New post 06 Aug 2012, 02:43
00:00

Question Stats:

90% (02:21) correct 9% (01:41) wrong based on 4 sessions
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

The numbers of cars sold at a certain dealership on six of the last seven business days were 4, 7, 2, 8, 3, and 6, respectively. If the number of cars sold on the seventh business day was either 2, 4, or 5, for which of the three values does the average (arithmetic mean) number of cars sold per business day for the seven business days equal the median number of cars sold per day for the seven days?

I. 2
II. 4
III. 5

(A) II only
(B) III only
(C) I and II only
(D) II and III only
(E) I, II, and III

Practice Questions
Question: 12
Page: 153
Difficulty: 600


GMAT Club is introducing a new project: The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each week we'll be posting several questions from The Official Guide for GMAT® Review, 13th Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.

We'll be glad if you participate in development of this project:
1. Please provide your solutions to the questions;
2. Please vote for the best solutions by pressing Kudos button;
3. Please vote for the questions themselves by pressing Kudos button;
4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.

Thank you!
[Reveal] Spoiler: OA

_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Kaplan Promo CodeKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11534
Followers: 1795

Kudos [?]: 9565 [0], given: 826

Re: The numbers of cars sold at a certain dealership on six of [#permalink] New post 06 Aug 2012, 02:43
SOLUTION

The numbers of cars sold at a certain dealership on six of the last seven business days were 4, 7, 2, 8, 3, and 6, respectively. If the number of cars sold on the seventh business day was either 2, 4, or 5, for which of the three values does the average (arithmetic mean) number of cars sold per business day for the seven business days equal the median number of cars sold per day for the seven days?

I. 2
II. 4
III. 5

(A) II only
(B) III only
(C) I and II only
(D) II and III only
(E) I, II, and III

The median of a set with odd number of elements is the middle element when arranged in ascending/descending order.

Hence, the median number of cars sold for the 7 (odd) days, is the fourth greatest number of cars sold in these 7 days, therefore the median must be an integer.

Next, the total number of cars sold in 6 days is 4+7+2+8+3+6=30.

The average number of cars sold in 7 days is \frac{30+x}{7}. Since we need the average to be equal to the median, then the average must also be an integer.

\frac{30+x}{7}=integer only if x=5 (for x=2 or x=4 it's not an integer).

Answer: B.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Manager
Manager
Joined: 28 Sep 2011
Posts: 64
Location: United States
GMAT 1: 520 Q34 V27
GMAT 2: 550 Q V
GMAT 3: 690 Q47 V38
GPA: 3.01
WE: Information Technology (Commercial Banking)
Followers: 1

Kudos [?]: 10 [0], given: 5

GMAT ToolKit User
Re: The numbers of cars sold at a certain dealership on six of [#permalink] New post 06 Aug 2012, 13:31
[Reveal] Spoiler:
B


Since there are a odd number of days the median will be an integer, if the average has to be equal to median then it must be an integer also. Only 5 does this.
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11534
Followers: 1795

Kudos [?]: 9565 [0], given: 826

Re: The numbers of cars sold at a certain dealership on six of [#permalink] New post 10 Aug 2012, 03:45
SOLUTION

The numbers of cars sold at a certain dealership on six of the last seven business days were 4, 7, 2, 8, 3, and 6, respectively. If the number of cars sold on the seventh business day was either 2, 4, or 5, for which of the three values does the average (arithmetic mean) number of cars sold per business day for the seven business days equal the median number of cars sold per day for the seven days?

I. 2
II. 4
III. 5

(A) II only
(B) III only
(C) I and II only
(D) II and III only
(E) I, II, and III

The median of a set with odd number of elements is the middle element when arranged in ascending/descending order.

Hence, the median number of cars sold for the 7 (odd) days, is the fourth greatest number of cars sold in these 7 days, therefore the median must be an integer.

Next, the total number of cars sold in 6 days is 4+7+2+8+3+6=30.

The average number of cars sold in 7 days is \frac{30+x}{7}. Since we need the average to be equal to the median, then the average must also be an integer.

\frac{30+x}{7}=integer only if x=5 (for x=2 or x=4 it's not an integer).

Answer: B.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

1 KUDOS received
Senior Manager
Senior Manager
Joined: 24 Aug 2009
Posts: 282
Schools: Harvard, Columbia, Stern, Booth, LSB,
Followers: 2

Kudos [?]: 134 [1] , given: 217

Re: The numbers of cars sold at a certain dealership on six of [#permalink] New post 19 Aug 2012, 14:39
1
This post received
KUDOS
Best Shortcut for this question:-
If we arrange the numbers in ascending order 2,3,4,x,6,7,8,& observe closely it is a evenly spaced series with one missing number. For a evenly spaced series mean is equal to median. Thus to fulfill the condition of mean = median , x has to be 5 only.
It took app 1 min 10 sec for me
_________________

If you like my Question/Explanation or the contribution, Kindly appreciate by pressing KUDOS.
Kudos always maximizes GMATCLUB worth
-Game Theory

Re: The numbers of cars sold at a certain dealership on six of   [#permalink] 19 Aug 2012, 14:39
    Similar topics Author Replies Last post
Similar
Topics:
New posts Of the 25 cars sold at a certain dealership yesterday, some b14kumar 5 09 Sep 2007, 16:25
New posts Of the 25 cars sold at a certain dealership yestarday, some marcodonzelli 5 28 Dec 2007, 09:29
New posts 1 Of the 25 cars sold at a certain dealership yesterday, some sarzan 1 23 Aug 2008, 18:37
Popular new posts Q12: A certain dealership has a number of cars to be sold by TriColor 11 17 Jun 2009, 18:36
New posts Of the 25 cars sold at a certain dealership yesterday, some yangsta8 4 27 Sep 2009, 07:11
Display posts from previous: Sort by

The numbers of cars sold at a certain dealership on six of

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.