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QOTD#9 New and Refurbished Yacht

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GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4709
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 90

Kudos [?]: 1605 [0], given: 375

CAT Tests
QOTD#9 New and Refurbished Yacht [#permalink] New post 20 Nov 2016, 10:30
Expert's post
00:00

Question Stats:

100% (02:40) correct 0% (00:00) wrong based on 3 sessions
Image




1. According to the graph, which of the following could be the number of refurbished yachts sold in 1996?

A. 7,750
B. 5,900
C. 5,590
D. 5,400
E. 5,390

[Reveal] Spoiler: OA
B


2. In which of the following years did Company J sell more refurbished yachts than in the previous year, but fewer new yachts than in the previous year?

A. 1995
B. 1997
C. 1999
D. 2001
E. 2003

[Reveal] Spoiler: OA
D


3. In the year when the median price of new yachts sold by Company J was closest to the median price of refurbished yachts sold by Company J, how many thousand refurbished yachts did the company sell?

A. 6.3
B. 6.7
C. 7.9
D. 8.3
E. 8.7

[Reveal] Spoiler: OA
A



Drill 1
Question: 1, 2, 3
Page: 454-455


[Reveal] Spoiler: img
Attachment:
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GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4709
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 90

Kudos [?]: 1605 [0], given: 375

CAT Tests
Re: QOTD#9 New and Refurbished Yacht [#permalink] New post 20 Nov 2016, 10:37
Expert's post
Explanation

Question 1. B

Be sure you’ve identified the correct chart, the correct year, and the correct data line: Use the chart showing the number of yachts sold, the data line showing refurbished yachts, and the information for 1996. The data point for 1996 lies just below 6,000, so select choice (B). If you selected choice (A), you may have used the data line showing information for new yachts; if you selected choice (C), (D), or (E), you may have used information from the wrong year.

Question 2. D

Because the number of new yachts sold by Company J was always greater than the number of refurbished yachts it sold, a decrease in the former and an increase in the latter results in the two data lines coming closer together. Only the year 2001 shows the correct pattern and both of the proper changes: The number of refurbished yachts sold increased from about 6,200 to about 6,500, and the number of new yachts sold decreased from about 9,300 to about 8,800. The answer is choice (D).


Question 3. A

First, use the median price chart to determine that 2002 was the year when the median prices of new and refurbished yachts were most similar. Next, use the data line for refurbished yachts in the other chart to determine that the number of yachts sold by Company J that year was less than halfway from 6,000 to 7,000; only choice (A) falls in the acceptable range.
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Sandy
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Re: QOTD#9 New and Refurbished Yacht [#permalink] New post 01 Feb 2018, 19:10
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sandy wrote:
Explanation

Question 1. B

Be sure you’ve identified the correct chart, the correct year, and the correct data line: Use the chart showing the number of yachts sold, the data line showing refurbished yachts, and the information for 1996. The data point for 1996 lies just below 6,000, so select choice (B). If you selected choice (A), you may have used the data line showing information for new yachts; if you selected choice (C), (D), or (E), you may have used information from the wrong year.

Question 2. D

Because the number of new yachts sold by Company J was always greater than the number of refurbished yachts it sold, a decrease in the former and an increase in the latter results in the two data lines coming closer together. Only the year 2001 shows the correct pattern and both of the proper changes: The number of refurbished yachts sold increased from about 6,200 to about 6,500, and the number of new yachts sold decreased from about 9,300 to about 8,800. The answer is choice (D).


Question 3. A

First, use the median price chart to determine that 2002 was the year when the median prices of new and refurbished yachts were most similar. Next, use the data line for refurbished yachts in the other chart to determine that the number of yachts sold by Company J that year was less than halfway from 6,000 to 7,000; only choice (A) falls in the acceptable range.


In the above post, you set the answer of Q3 to be C, please check it out, though the answer is A.
Manager
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Posts: 150
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Kudos [?]: 40 [0], given: 15

Re: QOTD#9 New and Refurbished Yacht [#permalink] New post 09 Sep 2018, 20:00
Can someone explain how is Q.3 C?
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