Last visit was: 08 Jul 2025, 11:38 It is currently 08 Jul 2025, 11:38
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.
Close
Request Expert Reply
Confirm Cancel
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: -
Posts: 15,818
Own Kudos:
46,290
 [16]
Given Kudos: 6,082
GPA: 3.62
Posts: 15,818
Kudos: 46,290
 [16]
2
Kudos
Add Kudos
14
Bookmarks
Bookmark this Post
User avatar
Nikita45
Joined: 31 May 2021
Last visit: 11 Jan 2024
Posts: 16
Own Kudos:
11
 [1]
Given Kudos: 4
Posts: 16
Kudos: 11
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: -
Posts: 15,818
Own Kudos:
Given Kudos: 6,082
GPA: 3.62
Posts: 15,818
Kudos: 46,290
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
lovesuit
Joined: 10 Aug 2023
Last visit: 15 Jun 2025
Posts: 31
Own Kudos:
Given Kudos: 6
Posts: 31
Kudos: 59
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Sajjad1994
Data Insights (DI) Butler 2023-24 [Question #133, Date: Nov-28-2023] [Click here for Details]

Attachment:
12.jpg
The income-to-poverty ratio determines how close someone’s income is to the poverty threshold. For the United States in 2010, the graph shows the percent of all people and the percent of people age 65 years and over whose income-to-poverty ratio was 2.00 or lower. For each income-to-poverty ratio in the graph, the corresponding percentage is of people with income-to-poverty ratios below that ratio.

Based on the given information, fill in the blanks in each of the following statements.

1.1. The income of approximately of all people was between 1 time and 1.5 times the poverty threshold.

1.2. If in 2010, 3.5 million people over the age of 65 had incomes below the poverty threshold in the United States, then the total number of people over the age of 65 in the United States was approximately .

Sajjad1994 can you explain question 1 how is it 9.5? please
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: -
Posts: 15,818
Own Kudos:
Given Kudos: 6,082
GPA: 3.62
Posts: 15,818
Kudos: 46,290
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Official Explanation

Question 1

The top line in the graph represents “All People.” The percent of all people with an income-to-poverty ratio below 1.5 is slightly less than 25 percent, and the percent of all people with income-to-poverty ratio over 1.0 is slightly more than 15 percent. Therefore, the percent of all people with an income-to-poverty ratio between 1 and 1.5 is slightly less than 25 minus slightly more than 15, which equals somewhat less than 10. Choice (A), 9.5, is the best answer.

The correct answer is (A).

Question 2

In 2010, approximately 9% of people over the age of 65 had income below the poverty threshold. If there were 3.5 million such people, then you can find the total number, x, of people over the age of 65:

The correct answer is (C).
User avatar
033
Joined: 16 Nov 2022
Last visit: 22 Jun 2024
Posts: 23
Own Kudos:
Given Kudos: 1
Posts: 23
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
can anyone please explain how did we get 9% for the second question
User avatar
Catman
Joined: 03 Aug 2017
Last visit: 12 Feb 2025
Posts: 322
Own Kudos:
322
 [3]
Given Kudos: 219
Products:
Posts: 322
Kudos: 322
 [3]
2
Kudos
Add Kudos
1
Bookmarks
Bookmark this Post
033
can anyone please explain how did we get 9% for the second question
For income to be below the poverty line, the ratio of income to poverty should be less than 1.
Check for the value of 1 in the horizontal axis and match the value of percentage for People over 65 years of age you will get slighthly less than 10% and close to 9 %. Hence 9%.
User avatar
mmdfl
Joined: 06 Aug 2022
Last visit: 13 Dec 2024
Posts: 108
Own Kudos:
Given Kudos: 165
Location: Brazil
Concentration: Technology, Economics
Posts: 108
Kudos: 218
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:
For income to be below the poverty line, the ratio of income to poverty should be less than 1.
How do you infer this from the question?­
User avatar
Catman
Joined: 03 Aug 2017
Last visit: 12 Feb 2025
Posts: 322
Own Kudos:
Given Kudos: 219
Products:
Posts: 322
Kudos: 322
Kudos
Add Kudos
Bookmarks
Bookmark this Post
mmdfl
Quote:
For income to be below the poverty line, the ratio of income to poverty should be less than 1.
How do you infer this from the question?­
­The ratio is calculated by dividing a household's income by the poverty threshold. If the resulting value is less than 1, it indicates that the household's income is below the poverty threshold.
User avatar
Gemmie
Joined: 19 Dec 2021
Last visit: 27 May 2025
Posts: 501
Own Kudos:
Given Kudos: 76
Location: Viet Nam
Concentration: Technology, Economics
GMAT Focus 1: 695 Q87 V84 DI83
GPA: 3.55
GMAT Focus 1: 695 Q87 V84 DI83
Posts: 501
Kudos: 347
Kudos
Add Kudos
Bookmarks
Bookmark this Post
­1.1. The income of approximately [9.5] of all people was between 1 time and 1.5 times the poverty threshold.

All people: Line with black cubes
% those 1 time the poverty threshold: about 15%
% those 1.5 times the poverty threshold: about 25%
=> % those between 1 and 1.5 times: about 10%


1.2. If in 2010, 3.5 million people over the age of 65 had incomes below the poverty threshold in the United States, then the total number of people over the age of 65 in the United States was approximately [39 million].

Those aged over 65: Line with white cubes
% those below the threshold: 9% 
=> Total number aged 65: \(\frac{3.5}{.09} = 38.8\)
 
User avatar
bumpbot
User avatar
Non-Human User
Joined: 09 Sep 2013
Last visit: 04 Jan 2021
Posts: 37,349
Own Kudos:
Posts: 37,349
Kudos: 1,008
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Moderator:
Math Expert
102593 posts