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12 Feb 2025, 21:53
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No other listed country is more favored than Burma and Philippines.: No
Nepal and Afghanistan are not favored per any of the indices.: No
There are at least 2 countries that are favored per all indices.: Yes
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
75% (02:58) correct
25%
(03:04)
wrong
based on 2556
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There are 8 South Asian Countries. Each is rated on 4 different Credit Worthiness Indices with the intent to judge the country as a ‘Favored’ nation per each index. For each Credit Rating Index, if the country's rating value is more than the median value of that index, the country will be considered a “Favored” nation. Whereas, a country is considered "more favorable" than another country if it is favored per more number of indices than the other country.
For each of the following statements, select ‘Yes’ if statement is true based solely on the information provided in the table; otherwise select ‘No’.
| South Asian Countries | Domestic Economy Index (10) | Credit Rating Index (5) | Infrastructure Index (100) | Policy Framework Index (10) |
|---|---|---|---|---|
| Afghanistan | 3 | 3.2 | 34 | 4 |
| Bangladesh | 6 | 2.2 | 47 | 7 |
| Bhutan | 5 | 3.2 | 52 | 5 |
| Burma | 5 | 3.2 | 54 | 6 |
| Nepal | 4 | 4.2 | 48 | 5 |
| Pakistan | 5 | 3.2 | 54 | 5 |
| Philippines | 6 | 4.2 | 74 | 7 |
| Sri Lanka | 6 | 3.8 | 74 | 7 |
For each of the following statements, select ‘Yes’ if statement is true based solely on the information provided in the table; otherwise select ‘No’.
| Yes | No | |
| No other listed country is more favored than Burma and Philippines. | ||
| Nepal and Afghanistan are not favored per any of the indices. | ||
| There are at least 2 countries that are favored per all indices. |
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Official Answer
No other listed country is more favored than Burma and Philippines.: No
Nepal and Afghanistan are not favored per any of the indices.: No
There are at least 2 countries that are favored per all indices.: Yes
samarpan.g28
15 Feb 2025, 01:53
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Let us sort each column first and see which countries for that index i.e. column are favoured. How will we know if the countries are favoured? If their index is greater than the median of that column.
Domestic Economy Index (median=5): Bangladesh, Sri Lanka and Philipines.
Credit Rating Index (median=5): Sri Lanka, Nepal, Philipines.
Infrastructure Index (median=23): Burma, Pakistan, Sri Lanka and Philipines.
Policy Framework Index (median-5.5): Burma, Bangladesh, Sri Lanka and Philipines.
Q1. No other listed country is more favored than Burma and Philippines - Sri Lanka is so NO.
Q2. Nepal and Afghanistan are not favored per any of the indices - Correct for Afghanistan, but Nepal is favoured in Credit Rating Index so NO.
Q3. There are at least 2 countries that are favored per all indices - Sri Lanka and Philipines are prefered in all indices so YES.
NO, NO, YES.
I hope this helps.
Domestic Economy Index (median=5): Bangladesh, Sri Lanka and Philipines.
Credit Rating Index (median=5): Sri Lanka, Nepal, Philipines.
Infrastructure Index (median=23): Burma, Pakistan, Sri Lanka and Philipines.
Policy Framework Index (median-5.5): Burma, Bangladesh, Sri Lanka and Philipines.
Q1. No other listed country is more favored than Burma and Philippines - Sri Lanka is so NO.
Q2. Nepal and Afghanistan are not favored per any of the indices - Correct for Afghanistan, but Nepal is favoured in Credit Rating Index so NO.
Q3. There are at least 2 countries that are favored per all indices - Sri Lanka and Philipines are prefered in all indices so YES.
NO, NO, YES.
I hope this helps.
18 Feb 2025, 12:19
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1. The question asks us to figure out which of the following statements are true and which are false.
2. First, we should find the median for each index:
- Domestic Economy Index: 5.
- Credit Rating Index: 3.2.
- Infrastructure Index: 53.
- Policy Framework Index: 5.5.
3. No other listed country is more favored than Burma and Philippines. Burma is favorable for 2 indices and the Philippines are favored for 4 indices. However, Sri Lanka is also favored for 4 indices. So, this statement is false.
4. Nepal and Afghanistan are not favored per any of the indices. Nepal's credit rating index is 4.2, which is larger than the median 3.2, making it favorable in that category. So, this statement is false.
5. There are at least 2 countries that are favored per all indices. As shown earlier, Sri Lanka and the Philippines are favored in all 4 indices. So, this statement is true.
2. First, we should find the median for each index:
- Domestic Economy Index: 5.
- Credit Rating Index: 3.2.
- Infrastructure Index: 53.
- Policy Framework Index: 5.5.
3. No other listed country is more favored than Burma and Philippines. Burma is favorable for 2 indices and the Philippines are favored for 4 indices. However, Sri Lanka is also favored for 4 indices. So, this statement is false.
4. Nepal and Afghanistan are not favored per any of the indices. Nepal's credit rating index is 4.2, which is larger than the median 3.2, making it favorable in that category. So, this statement is false.
5. There are at least 2 countries that are favored per all indices. As shown earlier, Sri Lanka and the Philippines are favored in all 4 indices. So, this statement is true.
