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Since others have already explained I'll take the birds-eye view approach.
Tht etwo statements say Economics>Both Math and Finance.

Hmm alright I will keep the researchers of economics really high (doesnt matter) meaning I will keep the total ppl doing economics itself very high. All it has to do is get bigger than both finance and math.

But hey! Finance and Math can be absolutely anything (just be bigger than eco). So now do we know if math>fin or fin>math? The answer is no!

We utilised both statements and we got nothing out of it.
Hence E

Answer: Option E
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Among the employees of a trading firm, is the number of researchers who majored in mathematics greater than those who majored in finance?

(1) There were more researchers who majored in economics than those who majored in mathematics.
(2) There were more researchers who majored in economics than those who majored in finance.

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ExpertsGlobal5


Among the employees of a trading firm, is the number of researchers who majored in mathematics greater than those who majored in finance?

(1) There were more researchers who majored in economics than those who majored in mathematics.
(2) There were more researchers who majored in economics than those who majored in finance.

Explanation:

The graphs display the percentage of researchers for the three majors.
The total number of employees from each major is unknown.
We need to find whether the number of researchers who majored in mathematics > number of researchers who majored in finance.

Statement (1)

This statement gives the relation between researchers who majored in economics and researchers who majored in mathematics.

Since no information is provided regarding employees who majored in finance, it is NOT possible to determine whether the number of researchers who majored in mathematics is greater than the number who majored in finance. Hence, Statement (1) is insufficient.

Statement (2)

This statement gives the relation between researchers who majored in economics and researchers who majored in finance.

Since no information is provided regarding employees who majored in mathematics, it is NOT possible to determine whether the number of researchers who majored in mathematics is greater than the number who majored in finance. Hence, Statement (2) is insufficient.

As both Statement (1) and Statement (2) are alone insufficient to answer the question, we need to now combine the two statements.

Statement (1) and Statement (2) combined

The two statements combined give us the information that the number of researchers who majored in economics is greater than the number of researchers who majored in mathematics and the number of researchers who majored in finance individually.

However, no information is provided regarding the relation between researchers who majored in mathematics and researchers who majored in finance.

It is NOT possible to determine whether the number of researchers who majored in mathematics is greater than the number who majored in finance. Hence, Statement (1) and Statement (2) combined are insufficient.

E is the correct answer choice.
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