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

It is currently 23 Oct 2014, 03:25

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The table gives three factors to be considered when choosing

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Current Student
avatar
Affiliations: ?
Joined: 20 Jul 2009
Posts: 191
Location: Africa/Europe
Schools: Kellogg; Ross ($$); Tuck
Followers: 2

Kudos [?]: 29 [0], given: 6

The table gives three factors to be considered when choosing [#permalink] New post 10 Sep 2009, 05:26
1
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

73% (03:28) correct 27% (00:46) wrong based on 22 sessions
---------------------------------------------------
Factor | Percent of Respondents |
---------------------------------------------------
User-friendly | 56% |
---------------------------------------------------|
Fast response time | 48% |
---------------------------------------------------|
Bargain prices | 42% |
-------------------------------------------------- |


The table gives three factors to be considered when choosing an Internet service provider and the percent of the 1,200 respondents to a survey who cited that factor as important. If 30 percent of the respondents cited both “user-friendly” and “fast response time,” what is the maximum possible number of respondents who cited “bargain prices,” but neither “user-friendly” nor “fast response time?”

A. 312
B. 336
C. 360
D. 384
E. 420

this one looks llike a wenn diagramm, but not easy to solve. does anyone have a shortcut?


OPEN DISCUSSION OF THIS QUESTION IS HERE: the-table-gives-three-factors-to-be-considered-when-choosing-98936.html
[Reveal] Spoiler: OA

Last edited by Bunuel on 13 Jul 2013, 05:54, edited 1 time in total.
Renamed the topic, edited the question and added the OA.
Kaplan Promo CodeKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
Senior Manager
Senior Manager
avatar
Joined: 31 Aug 2009
Posts: 422
Location: Sydney, Australia
Followers: 6

Kudos [?]: 115 [0], given: 20

Re: survey - overlapping sets [#permalink] New post 10 Sep 2009, 05:42
The way I looked at is is as follows:

UserFriendly(UF) + FastResponse (FR) = 30%
UF leftover = 56 - 30 = 26%
FR leftover = 48 - 30 = 18%

Sum these = 74% (ie. 74% were either UF+FR, UF, FR)
26% leftover is the maximum number for Bargain Price

26/100 * 1200 = 26 * 12 = 312 (A).

You could do this in a Venn diagram too I guess.
Senior Manager
Senior Manager
avatar
Joined: 02 Aug 2009
Posts: 269
Followers: 3

Kudos [?]: 85 [0], given: 1

Re: survey - overlapping sets [#permalink] New post 10 Sep 2009, 05:57
A..... max % =100-(56+48-30=74) = 26% or 312
VP
VP
avatar
Status: There is always something new !!
Affiliations: PMI,QAI Global,eXampleCG
Joined: 08 May 2009
Posts: 1364
Followers: 12

Kudos [?]: 144 [0], given: 10

Re: survey - overlapping sets [#permalink] New post 02 May 2011, 00:16
straight 26% for 1200.

100-(56+48)+30 = 26%
_________________

Visit -- http://www.sustainable-sphere.com/
Promote Green Business,Sustainable Living and Green Earth !!

Senior Manager
Senior Manager
User avatar
Joined: 03 Mar 2010
Posts: 445
Schools: Kelley,Tepper,Carlson,Kenan Flager,Broad
Followers: 4

Kudos [?]: 119 [0], given: 22

Re: survey - overlapping sets [#permalink] New post 10 Sep 2011, 06:30
Attachment:
Screen Shot 2011-09-10 at 5.23.47 PM.png
Screen Shot 2011-09-10 at 5.23.47 PM.png [ 32.45 KiB | Viewed 1268 times ]


Here's a Venn Diagram.

26% of 1200= 312

OA D.
_________________

My dad once said to me: Son, nothing succeeds like success.

Manager
Manager
avatar
Status: Prepping for the last time....
Joined: 28 May 2010
Posts: 200
Location: Australia
Concentration: Technology, Strategy
GMAT 1: 630 Q47 V29
GPA: 3.2
Followers: 0

Kudos [?]: 16 [0], given: 21

Re: survey - overlapping sets [#permalink] New post 12 Sep 2011, 04:30
There should be 18 instead of 14 in your venn diagram @jamifahad
_________________

Two great challenges: 1. Guts to Fail and 2. Fear to Succeed

Manager
Manager
avatar
Joined: 06 Jun 2011
Posts: 159
Followers: 0

Kudos [?]: 18 [0], given: 15

Re: survey - overlapping sets [#permalink] New post 12 Sep 2011, 08:31
In the following equation everything is in %

A = “user-friendly” B= “fast response time”
C=Bargain prices
100= 56+48+42- (AB+BC+CA) + ABC

now AB = 30
so
100 = 116- (BC+CA-ABC)
BC+CA-ABC = 16
So it can not be less that 16
Now exclusively bargain price or C = Total C - (BC+CA-ABC)
42-16 = 26%

1200*26%
=312
Senior Manager
Senior Manager
User avatar
Joined: 03 Mar 2010
Posts: 445
Schools: Kelley,Tepper,Carlson,Kenan Flager,Broad
Followers: 4

Kudos [?]: 119 [0], given: 22

Re: survey - overlapping sets [#permalink] New post 12 Sep 2011, 11:06
@raghavakumar85 Correct. 14 should be 18 in the right most circle.

Thanks.
_________________

My dad once said to me: Son, nothing succeeds like success.

Re: survey - overlapping sets   [#permalink] 12 Sep 2011, 11:06
    Similar topics Author Replies Last post
Similar
Topics:
When choosing a digital camera, it is important to consider aalriy 6 30 May 2011, 11:07
1 Experts publish their posts in the topic A number N when expressed as product of prime factors gives. pzazz12 8 06 Oct 2010, 05:07
12 Experts publish their posts in the topic The table gives three factors to be considered when choosing praveengmat 9 11 Aug 2010, 10:49
Whic universities to choose when GMAT ask while giving paper GMAT10 2 02 Feb 2010, 09:10
The table below gives three factors to be considered when joemama142000 3 04 Feb 2006, 15:28
Display posts from previous: Sort by

The table gives three factors to be considered when choosing

  Question banks Downloads My Bookmarks Reviews Important topics  


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®.