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Sajjad1994
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The table below displays data from the different divisions of Company 10 Dec 2019, 12:12
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There is at least one other country in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S.: Yes There is a positive correlation between global market share and U.S. market share.: Yes The Performance Plastics division had greater market share in at least one other country than it had in the United States.: Yes
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Project IR Butler 2019-20 - Get one IR Question Everyday
Question # 71, Date : 10-Dec-2019
This post is a part of Project IR Butler 2019-20. Click here for Details

The table below displays data from the different divisions of Company X in 2011. Market shares are computed by dividing Company X's total sales (in dollars) for that division by the total sales (in dollars) made by all companies selling products in that category. Market shares are separately calculated for the world (global market share) and for the United States (U.S. market share). Ranks are calculated relative to all companies competing in a particular market.

Select Yes if the statement can be proven true by the evidence provided. Otherwise, select No.

DivisionGlobal Market
Share (%)		Global Market
Rank		Total U.S. Market
Share (%)		U.S. Market
Rank
Agriculture &
Food 		86124
Healthcare & Medical124182
Household Goods & Personal Care 55104
Performance Plastics301261
Water & Process Solutions191321
(Sort ↕ the table by clicking on the headers)

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Yes No
There is at least one other country in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S.
There is a positive correlation between global market share and U.S. market share.
The Performance Plastics division had greater market share in at least one other country than it had in the United States.
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There is at least one other country in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S.: Yes There is a positive correlation between global market share and U.S. market share.: Yes The Performance Plastics division had greater market share in at least one other country than it had in the United States.: Yes
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The table below displays data from the different divisions of Company 10 Dec 2019, 12:43
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Yes since total share is 30% and out of that 26% is in US with 1st rank so there is some other country where the percentage is greater than that of the US

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The table below displays data from the different divisions of Company 10 May 2020, 06:09
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chetan2u SajjadAhmad

Can anyone explain in detail how to solve this question?
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The table below displays data from the different divisions of Company 10 May 2020, 09:25
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Brucewayne00726
chetan2u SajjadAhmad

Can anyone explain in detail how to solve this question?
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Official Explanation

(1) Understand the prompt, and (2) understand the question. Take real time to do so here, since you have complex data and a statement that is worded in a cumbersome way. Now, as you consider your approach, it may seem as if the answer to this question is No. How can you prove such a statement? All we know about performance plastics is that Company X has 26% of the U.S. market and 30% of the world market, and that both positions are #1 (meaning that no other company has a larger share of either market). Well, lets play “devils advocate” and try to poke a hole in the statement.

Imagine that the statement is false. That is, there is no other country in which X s share is greater than it is in the U.S. So in every other country, X s share of the market is 26% or less. Everywhere in the world, including in the U.S., Company X is making only 26% or less of the revenues that are being made on performance plastics.

Then how can X ’s share of the world market be 30%?

It can’t be!

If Company X ’s global market share is 30%, but its market share in the U.S. is lower than 30%, then somewhere else, its market share must be higher than 30%. You can think of weighted averages. Company X s global market share is the weighted average of its market shares in all countries. For 30% to be the weighted average of 26% and a bunch of other numbers, at least one of those other numbers must be greater than 30%.

Thus, the statement must be true. The answer is Yes.
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The table below displays data from the different divisions of Company 17 Dec 2020, 13:05
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What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?
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The table below displays data from the different divisions of Company 04 Nov 2023, 08:20
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I have same question as taru23. Can someone help please? Sajjad1994 Bunuel
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The table below displays data from the different divisions of Company 06 Nov 2023, 08:38
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NoviceBoy
I have same question as taru23. Can someone help please? Sajjad1994 Bunuel
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1. I did not understand your question please elaborate.

2. The official explanation is posted you can read it for further reference: https://gmatclub.com/forum/the-table-be ... l#p2516659

3. While asking question please mention the statement you are asking for.

Cheers.
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The table below displays data from the different divisions of Company 06 Nov 2023, 22:23
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Hii Sajjad1994 My question is same as the person named Taru who asked it in the comments before. Sorry I should have quoted her!!

My question is -
"What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?"
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The table below displays data from the different divisions of Company 07 Nov 2023, 03:09
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NoviceBoy
Hii Sajjad1994 My question is same as the person named Taru who asked it in the comments before. Sorry I should have quoted her!!

My question is -
"What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?"
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Hi NoviceBoy

Maybe this statement is beyond my comprehension, but it is utterly confusing and debatable and can better be rephrased as: "There must be at least one other country in which Company X has a percentage of the performance plastics market apart from the US".

Otherwise your concern is 100% valid. It is not necessary that the company x have a greater percentage of the performance plastics market.
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The table below displays data from the different divisions of Company 01 Dec 2023, 22:31
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All Yes.
1. & 4. Let Total Global Market share for Performance Plastic division = $20,000.
Let Total U.S. Market Share for Performance Plastic Division = $10,000.

(The Global market share is always greater than The U.S. Market share. )

Performance Plastic sales of company X in U.S. is (26% OF $10,000) = $2,600 .(This is ranked 1st in the US Market, so no other company can have sales more than this amount in the U.S Market)
Performance Plastic sales of company X in Global market is (30% OF $20,000) = $6,000( This is ranked 1st in the Global Market, so no other company can have sales more than this amount in the Global market).

Now, when we compare the sale of the U.S. and Global market.
Company X has sale of $2,600 in U.S. Market and ranked 1st.
Company X has sale of $6,000 in Global Market and ranked 1st.

So, definitely in some other market (outside the U.S Market) Company X has sales of $6,000 (30%) and ranked 1st. (which is greater than the sales done in the U.S Market $2,600 (26%))

2. When sorting the data from lower to higher, we get the positive corelation in betweeen the U.S. Market Share and Global Market Share.

3. Healthcare & Medical is the division of Company X which is the median of Company X’s five divisions by both U.S. market rank and global market rank.
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The table below displays data from the different divisions of Company 12 Dec 2024, 20:16
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I agree with your thinking. I believe that "IT MAY OR MAY NOT BE TRUE" for the third statement, so I would say it can't be proved true based on the information provided by the table. However, if we are given further information about the relative relationship (ratio) of the total US market purchases to the total global purchases (of the same category product), we can draw the inference. You can try to prove this with test cases

taru23
What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?
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The table below displays data from the different divisions of Company 15 Dec 2024, 07:59
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Let’s say the total of Plastic in the US is A -> U.S market share of Company X is 26%A.

Then the total of Plastic of the rest of the world is (1-A). Call the rest of the world market share of Company X is X.

Now we have:

26A + X(1-A) = 30
=> (X - 26) A + X = 30
=> X > 26

=> “There is at least one other country in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S” - TRUE
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The table below displays data from the different divisions of Company 15 Dec 2024, 08:02
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Let’s say I am dividing my pizza into A1, A2, A3,... part.

For each part, I take 26%.
=> then the total I take is 26% of the pizza

But no, I want to take 30% in total
=> so I have to take out >26% of somewhere..

=> There is at least one other country (pizza part) in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S. => TRUEEE
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