Using a 3x3 matrix and filling in the info provided in the stem
\begin{tabular}{|l|l|l|l|}
\hline
~ & E & nE & Total \\ \hline
MBA & ~ & ~ & ~ \\ \hline
nMBA & ~ & ~ & ~ \\ \hline
Total & 50 & 10 & 60 \\ \hline
\end{tabular}
(1) Only 1 out of every 12 employees with a MBA degree is a non-engineerLet the number of employees who have an MBA = x
\begin{tabular}{|l|l|l|l|}
\hline
~ & E & nE & Total \\ \hline
MBA & \(\frac{11}{12}\)x & \(\frac{1}{12}\)x & x \\ \hline
nMBA & ~ & ~ & ~ \\ \hline
Total & 50 & 10 & 60 \\ \hline
\end{tabular}
With the info provided it is impossible to solve for a value for x and thus know the number of employees who are engineers and have an MBA.
INSUFFICIENT(2) More than 55 percent of all employees have a MBA degree\begin{tabular}{|l|l|l|l|}
\hline
~ & E & nE & Total \\ \hline
MBA & ~ & ~ & ~ \\ \hline
nMBA & ~ & ~ & ~ \\ \hline
Total & 50 & 10 & 60 \\ \hline
\end{tabular}
Without an exact value it is impossible to plot or use the info provided in the statement to solve the question.
INSUFFICIENT(1+2)Putting the two statements together does not provide enough with which to solve this question.
INSUFFICIENT
ANSWER E