The question does not ask for the actual number of years ago that animal z became extinct. Instead it asks for t, the number of years scientists predicted it would take for animal z to become extinct.
(1) INSUFFICIENT: This tells us that animal z became extinct 4 years ago but it does not provide information about t.
(2) INSUFFICIENT: This provides a relationship between the predicted time of extinction time and the actual time of extinction but does not provide any actual values for either.
(1) AND (2) INSUFFICIENT: The easiest way to approach this problem is to imagine a time line from 0 to 10. The scientists made their prediction 10 years ago, or at 0 years.
From statement (1) we know that animal z became extinct 4 years ago, or at 6 years.
From statement (2) we know that if the scientists had extended their prediction by 3 years they would have been incorrect by 2 years. The key to this question is to realize that "incorrect by 2 years" could mean 2 years in either direction: 6 + 2 = 8 years or 6 – 2 = 4 years.
From here, we can write two simple equations:
t + 3 = 8 OR t + 3 = 4
t = 5 t = 1
This gives us two different values for t, which means that (1) and (2) together are not sufficient to come up with one definitive value for t. The correct answer is E.