It is currently 12 Dec 2018, 08:33
My Tests

Close

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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

value of imports shown for 2007 was incorrect

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4749
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 93

Kudos [?]: 1657 [0], given: 396

CAT Tests
value of imports shown for 2007 was incorrect [#permalink] New post 10 Jan 2016, 17:35
Expert's post
00:00

Question Stats:

81% (01:24) correct 18% (01:08) wrong based on 11 sessions
Image

If it were discovered that the value of imports shown for 2007 was incorrect and should have been $5 billion instead, then the average (arithmetic mean)value of imports per year for the 10 years shown would have been approximately how much less?

A $200 million
B $50 million
C $20 million
D $7 million
E $5 million



Practice Questions
Question: 7
Page: 163
Difficulty: hard

_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

1 KUDOS received
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4749
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 93

Kudos [?]: 1657 [1] , given: 396

CAT Tests
Re: value of imports shown for 2007 was incorrect [#permalink] New post 10 Jan 2016, 17:39
1
This post received
KUDOS
Expert's post
Solution

In 2007 the imports shown in the Graph is $7 Billion. The new corrected value is $5 Billion, hence there is a reduction of $2 Billion. Now over ten years the $2 Billion reduction would amount to $200 Million ($200 Million *10 = $2 Billion).
_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

Display posts from previous: Sort by

value of imports shown for 2007 was incorrect

  Question banks Downloads My Bookmarks Reviews Important topics  


GRE Prep Club Forum Home| About| Terms and Conditions and Privacy Policy| GRE Prep Club Rules| Contact

Powered by phpBB © phpBB Group

Kindly note that the GRE® test is a registered trademark of the Educational Testing Service®, and this site has neither been reviewed nor endorsed by ETS®.