Last visit was: 16 Nov 2024, 15:19 It is currently 16 Nov 2024, 15:19
Decision Tracker
My Rewards
New comers' posts
New posts
Unanswered

Close

GRE Prep 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 GRE 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.

Go to My Error Log Learn more
Close

Request Expert Reply

Confirm Cancel
PREVIOUS TOPIC
NEXT TOPIC

A real estate investment firm is evaluating housing units bu

SORT BY:
Date
Kudos
Tags :
Find Similar Topics  About  Add a Tag

Show Tags
Hide Tags

User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 29962
Own Kudos [?]: 36246 [0]
Given Kudos: 25911
Send PM
A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Aug 2020, 07:30
Expert Reply
00:00

Question Stats:

50% (03:23) correct 50% (04:00) wrong based on 24 sessions

Hide Show timer Statistics

Image
Image
Image

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
ShowHide Answer
Official Answer
A
User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 29962
Own Kudos [?]: 36246 [0]
Given Kudos: 25911
Send PM
Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   28 Sep 2020, 05:20
Expert Reply
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
avatar
anasp99
Intern
Intern
Joined: 21 Aug 2020
Posts: 39
Own Kudos [?]: 32 [1]
Given Kudos: 0
Send PM
Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Oct 2020, 15:50
1
Any explanation?
User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 29962
Own Kudos [?]: 36246 [0]
Given Kudos: 25911
Send PM
Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   06 Oct 2020, 17:39
Expert Reply
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 2872 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
avatar
B
arorni
Intern
Intern
Joined: 30 Nov 2020
Posts: 26
Own Kudos [?]: 4 [0]
Given Kudos: 14
Send PM
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
User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 29962
Own Kudos [?]: 36246 [0]
Given Kudos: 25911
Send PM
Re: A real estate investment firm is evaluating housing units bu [#permalink] New post   24 Dec 2020, 13:21
Expert Reply
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
Moderators:
adewale223
GRE Instructor
78 posts
bronaugust
GRE Forum Moderator
37 posts
BrushMyQuant
Moderator
1111 posts
VibhuAnurag
GRE Instructor
234 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Main navigation

Partners

GRE Resources

www.ets.org/gre | About | Terms and Conditions and Privacy Policy | Prep Club for GRE Rules | Contact