Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
20 Jul 2024, 10:47
Kudos
Bookmarks
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
(N/A)
Question Stats:
33% (00:35) correct
66% (02:05) wrong based on 3 sessions
History
Date
Time
Result
Not Attempted Yet
Which of the following could be the median length of unemployment, in weeks, for manufacturing industry workers who were unemployed for at least 1 week?
A. 4
B. 8
C. 12
D. 16
E. 20
Attachment:
GMAT-Club-Forum-ftsvrsfd.jpeg [ 169.53 KiB | Viewed 254 times ]
01 Sep 2024, 11:12
Kudos
Bookmarks
Official Explanation
Note that the sectors in the manufacturing industry circle graph separate the unemployed manufacturing industry workers into five groups by length of unemployment; also, the percent of workers within each of the five groups is given. Also note that there are 10 million lengths of unemployment, one length for each of the 10 million workers. Since the lengths are rounded to whole numbers of weeks, most of the 10 million lengths must be repetitions. The median length of unemployment is the average of the two middle lengths when the lengths are listed in order from least to greatest; that is, the median is the number at which 50% of the lengths have been listed.
To find the median length, first note that the group with the shortest unemployment lengths, 1 to 4 weeks, accounts for the first 40% of the lengths in the ordered list. Then, because the group with the next longer lengths, 5 to 10 weeks, accounts for the next 20% of the lengths in the list, the number at which 50% of the lengths have been listed is in this group. So the median length is in the 5-to-10 week interval. Among the answer choices, the only choice that is in the 5-to-10 week interval is Choice B, 8.
The correct answer is Choice B.
Note that the sectors in the manufacturing industry circle graph separate the unemployed manufacturing industry workers into five groups by length of unemployment; also, the percent of workers within each of the five groups is given. Also note that there are 10 million lengths of unemployment, one length for each of the 10 million workers. Since the lengths are rounded to whole numbers of weeks, most of the 10 million lengths must be repetitions. The median length of unemployment is the average of the two middle lengths when the lengths are listed in order from least to greatest; that is, the median is the number at which 50% of the lengths have been listed.
To find the median length, first note that the group with the shortest unemployment lengths, 1 to 4 weeks, accounts for the first 40% of the lengths in the ordered list. Then, because the group with the next longer lengths, 5 to 10 weeks, accounts for the next 20% of the lengths in the list, the number at which 50% of the lengths have been listed is in this group. So the median length is in the 5-to-10 week interval. Among the answer choices, the only choice that is in the 5-to-10 week interval is Choice B, 8.
The correct answer is Choice B.
