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A real estate investment firm is evaluating housing units bu

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Carcass
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A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Aug 2020, 07:30
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A real estate investment firm is evaluating housing units built after 1939 and before 1980 for their suitability for profitable renovation and resale. Of the markets within the United States shown, where are there the least such units, if 20 percent of all housing built in the 1940s and 1950s and 60 percent of all housing built in the 1960s and 1970s is not within the price range the firm is considering?

A. Arizona

B. Georgia

C. Massachusetts

D. Minnesota

E. San Francisco
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A
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Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   28 Sep 2020, 05:20
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Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our New Project: GRE Quant Challenge Questions Daily - NEW EDITION!

For more theory and practice see our GRE - Math Book
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Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Oct 2020, 15:50
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Any explanation?
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Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Oct 2020, 17:39
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This question is conceived to make you waste your time. And frankly is not the top real close question for the GRE exam

Back to the question.

Look at just the first graph

Attachment:
screenshot.61.png
screenshot.61.png [ 147.36 KiB | Viewed 3555 times ]


We need only to care of the two colors I have highlighted which represent the years from 40-59 and from 60-79

Moreover the question tells you that the range is between 20 and 60 %. Below 20% and above 60% do not count

Notice how of the two color only Arizona is shifted towards the right which is out of the range. Moreover, Arizona has the least amount,, if you do notice, of the two colors.

So in Arizona we must had the least amount of such units of real estate.

Regards
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arorni
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Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   24 Dec 2020, 12:48
Carcass wrote:
This question is conceived to make you waste your time. And frankly is not the top real close question for the GRE exam

Back to the question.

Look at just the first graph

Attachment:
screenshot.61.png


We need only to care of the two colors I have highlighted which represent the years from 40-59 and from 60-79

Moreover the question tells you that the range is between 20 and 60 %. Below 20% and above 60% do not count

Notice how of the two color only Arizona is shifted towards the right which is out of the range. Moreover, Arizona has the least amount,, if you do notice, of the two colors.

So in Arizona we must had the least amount of such units of real estate.

Regards


The question statement is very confusing. Can you please explain that how you came up with your explanation?

Thanks
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Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   24 Dec 2020, 13:21
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To be honest I do not know how to explain better than above with the graph and the reason why Arizona is the answer.

:|

Basically, the question is asking you which state go out of that range and Arizona is the state that shifted the most to the right among those

Arizona is the answer
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