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Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
A small British retail store has the following 6 monthly goals (Goals 1-6).
1. The median number of transactions for the cashiers should be greater than 2,000.
2. The arithmetic mean number of transactions for the cashiers should be greater than 2,000.
3. Each cashier should have a minimum of 1,800 transactions.
4. The median value of the transactions for the cashiers should be greater than 10 pounds sterling (£).
5. The arithmetic mean value of the transactions for each cashier should be greater than £10.
6. The arithmetic mean value of all the transactions should be greater than £10.
1. The median number of transactions for the cashiers should be greater than 2,000.
2. The arithmetic mean number of transactions for the cashiers should be greater than 2,000.
3. Each cashier should have a minimum of 1,800 transactions.
4. The median value of the transactions for the cashiers should be greater than 10 pounds sterling (£).
5. The arithmetic mean value of the transactions for each cashier should be greater than £10.
6. The arithmetic mean value of all the transactions should be greater than £10.
Cashier 5: No
Cashier 6: Yes
Cashier 7: No
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
92% (01:43) correct
8%
(01:57)
wrong
based on 1376
sessions
History
Date
Time
Result
Not Attempted Yet
1. For each of the following cashiers, select Yes if the information provided indicates that the cashier had a greater number of transactions than the amount indicated in Goal 3 for each of Months 1, 2, and 3. Otherwise, select No.
| Yes | No | |
| Cashier 5 | ||
| Cashier 6 | ||
| Cashier 7 |
ShowHide Answer
Official Answer
Cashier 5: No
Cashier 6: Yes
Cashier 7: No
The total number of transactions for the month: Yes
The total value of all transactions for the month: No
The arithmetic mean value of all the transactions for the month: No
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:
65% (01:33) correct
35%
(01:28)
wrong
based on 1559
sessions
History
Date
Time
Result
Not Attempted Yet
2. For each of the following values, select Yes if the information provided indicates that the value was greater for Month 1 than for Month 3. Otherwise, select No.
| Yes | No | |
| The total number of transactions for the month | ||
| The total value of all transactions for the month | ||
| The arithmetic mean value of all the transactions for the month |
ShowHide Answer
Official Answer
The total number of transactions for the month: Yes
The total value of all transactions for the month: No
The arithmetic mean value of all the transactions for the month: No
5
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
84% (01:08) correct
16%
(01:41)
wrong
based on 1267
sessions
History
Date
Time
Result
Not Attempted Yet
3. Consider the following incomplete statement:
If Goal _____ is met next month, then Goal 6 will also be met next month.
Which one of the following would complete the statement such that it must be the case based on the information provided?
If Goal _____ is met next month, then Goal 6 will also be met next month.
Which one of the following would complete the statement such that it must be the case based on the information provided?
| 1 | |
| 2 | |
| 3 | |
| 4 | |
| 5 |
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15 Oct 2025, 09:31
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1. For each of the following cashiers, select Yes if the information provided indicates that the cashier had a greater number of transactions than the amount indicated in Goal 3 for each of Months 1, 2, and 3. Otherwise, select No.
Goal 3 says that each cashier must have at least 1,800 transactions in every month.
Cashier 5 had 2,041, 1,789, and 1,790 transactions, so fell below 1,800 in Months 2 and 3.
Cashier 6 had 1,994, 2,045, and 1,981 transactions, all above 1,800.
Cashier 7 had 1,786, 1,744, and 1,970 transactions, falling below 1,800 in the first two months.
Answer: Cashier 5 - No; Cashier 6 - Yes; Cashier 7 - No
2. For each of the following values, select Yes if the information provided indicates that the value was greater for Month 1 than for Month 3. Otherwise, select No.
The total number of transactions was 14,242 in Month 1 and 13,585 in Month 3, so it was greater in Month 1.
The total value of all transactions was £159,937.66 in Month 1 and £165,193.60 in Month 3, so it was lower in Month 1.
The average value per transaction was 159,937.66 divided by 14,242, or about £11, compared with 165,193.60 divided by 13,585, or about £12, so it was lower in Month 1.
Answer: Total number - Yes; Total value - No; Mean value - No
3. Consider the following incomplete statement:
If Goal _____ is met next month, then Goal 6 will also be met next month.
Goal 6 requires that the overall average value of all transactions be greater than £10.
If Goal 5 is met, meaning each cashier’s average transaction value is greater than £10, then combining all their transactions will still produce an overall average greater than £10. Therefore, meeting Goal 5 ensures that Goal 6 is also met.
Answer: Goal 5
Goal 3 says that each cashier must have at least 1,800 transactions in every month.
Cashier 5 had 2,041, 1,789, and 1,790 transactions, so fell below 1,800 in Months 2 and 3.
Cashier 6 had 1,994, 2,045, and 1,981 transactions, all above 1,800.
Cashier 7 had 1,786, 1,744, and 1,970 transactions, falling below 1,800 in the first two months.
Answer: Cashier 5 - No; Cashier 6 - Yes; Cashier 7 - No
2. For each of the following values, select Yes if the information provided indicates that the value was greater for Month 1 than for Month 3. Otherwise, select No.
The total number of transactions was 14,242 in Month 1 and 13,585 in Month 3, so it was greater in Month 1.
The total value of all transactions was £159,937.66 in Month 1 and £165,193.60 in Month 3, so it was lower in Month 1.
The average value per transaction was 159,937.66 divided by 14,242, or about £11, compared with 165,193.60 divided by 13,585, or about £12, so it was lower in Month 1.
Answer: Total number - Yes; Total value - No; Mean value - No
3. Consider the following incomplete statement:
If Goal _____ is met next month, then Goal 6 will also be met next month.
Goal 6 requires that the overall average value of all transactions be greater than £10.
If Goal 5 is met, meaning each cashier’s average transaction value is greater than £10, then combining all their transactions will still produce an overall average greater than £10. Therefore, meeting Goal 5 ensures that Goal 6 is also met.
Answer: Goal 5
General Discussion
19 Dec 2022, 09:17
Kudos
Bookmarks
Goals
A small British retail store has the following 6 monthly goals (Goals 1-6).
1. The median number of transactions for the cashiers should be greater than 2,000.
2. The arithmetic mean number of transactions for the cashiers should be greater than 2,000.
3. Each cashier should have a minimum of 1,800 transactions.
4. The median value of the transactions for the cashiers should be greater than 10 pounds sterling (£).
5. The arithmetic mean value of the transactions for each cashier should be greater than £10.
6. The arithmetic mean value of all the transactions should be greater than £10.
A small British retail store has the following 6 monthly goals (Goals 1-6).
1. The median number of transactions for the cashiers should be greater than 2,000.
2. The arithmetic mean number of transactions for the cashiers should be greater than 2,000.
3. Each cashier should have a minimum of 1,800 transactions.
4. The median value of the transactions for the cashiers should be greater than 10 pounds sterling (£).
5. The arithmetic mean value of the transactions for each cashier should be greater than £10.
6. The arithmetic mean value of all the transactions should be greater than £10.
Cashiers
For the three months shown in the table, the retail store had exactly 7 cashiers. The table shows the number of transactions for each cashier in these three months and the total number of transactions in those months.
The table gives the number of transactions for each cashier and each monthFor the three months shown in the table, the retail store had exactly 7 cashiers. The table shows the number of transactions for each cashier in these three months and the total number of transactions in those months.
Attachment:
8.jpg
Value
For each of Months 1-3, the table shows the total value of all transactions for that month.
We know month wise value but cannot find values per cashier from it. For each of Months 1-3, the table shows the total value of all transactions for that month.
Attachment:
9.jpg
1. For each of the following cashiers, select Yes if the information provided indicates that the cashier had a greater number of transactions than the amount indicated in Goal 3 for each of Months 1, 2, and 3. Otherwise, select No.
| Yes | No | |
| Cashier 5 | ||
| Cashier 6 | ||
| Cashier 7 |
Cashier 5: 2041,1789,1790-NO
Cashier 6: 1994,2045,1981-YES >1800
Cashier 7: 1786,1745,1970-NO
2. For each of the following values, select Yes if the information provided indicates that the value was greater for Month 1 than for Month 3. Otherwise, select No.
We are given total value of transactions in each of the three months in th eTAB 3. However, there is no other information which could help us break down these values amongst the seven cashier.
But the number of transactions month wise for each cashier is given in TAB 2.
Thus, Number of transactions can be found but not values.
The total number of transactions for the month........YES
The total value of all transactions for the month........We can see that the total value of transactions for month 3 is greater than month 2.......NO
The arithmetic mean value of all the transactions for the month......NO
3. Consider the following incomplete statement:
If Goal _____ is met next month, then Goal 6 will also be met next month.
Which one of the following would complete the statement such that it must be the case based on the information provided?
A. 1
B. 2
C. 3
D. 4
E. 5
Quote:
