Hi webhishek,
Some Test Takers will read this question and naturally "see" all of the possibilities. That can be a dangerous way of dealing with this Test though, since if you "miss" any of the possibilities or don't properly note a given detail, then you'll get the question wrong and not even know it. As such, proper note-taking is a MUST; you should get in the habit of finding a way to PROVE that you're correct. Here, we can TEST VALUES.
The prompt asks us if the PRODUCT of all the numbers in Set S is NEGATIVE. This is a YES/NO question. We are NOT told how many numbers are in the set, nor if they're positive, negative or 0.
Fact 1: All of the elements in Set S are NEGATIVE.
IF the set is...
{-1, -2]
Then the product is positive and the answer to the question is NO.
IF the set is....
{-1, -2, -3}
Then the product is negative and the answer to the question is YES.
Fact 1 is INSUFFICIENT
Fact 2: There are 5 negative numbers in Set S.
This does NOT tell us the total number of items in Set S (nor what those additional numbers might be)
IF the set is...
{-1, -2, -3, -4, -5}
Then the product is negative and the answer to the question is YES.
IF the set is...
{-1, -2, -3, -4, -5, 0}
Then the product is 0 and the answer to the question is NO.
Fact 2 is INSUFFICIENT.
Combined, we know:
ALL of the elements in Set S are NEGATIVE
There are 5 NEGATIVE numbers.
This mean that there are only 5 numbers AND that they're all negative, so the product MUST be negative and the answer to the question is ALWAYS YES.
Combined, SUFFICIENT.
Final Answer:
GMAT assassins aren't born, they're made,
Rich