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For which of the following years was the ratio of the median
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12 Jul 2018, 09:26
12 Jul 2018, 09:26
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Question Stats:
68% (01:22) correct
31% (01:39) wrong based on 44 sessions
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Attachment:
price.jpg [ 195.96 KiB | Viewed 4784 times ]
For which of the following years was the ratio of the median sale price of a new home minus the median sale price of an existing home to per capita income least?
(A) 1960
(B) 1965
(C) 1970
(D) 1975
(E) 1980
Re: For which of the following years was the ratio of the median
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13 Jul 2018, 05:34
13 Jul 2018, 05:34
1
Carcass wrote:
Attachment:
price.jpg
For which of the following years was the ratio of the median sale price of a new home minus the median sale price of an existing home to per capita income least?
(A) 1960
(B) 1965
(C) 1970
(D) 1975
(E) 1980
From graph we can get year wise
A. in 1960 => 7.1-6.2 = 0.9
B. 1965 => 7.2-6.1 = 1.1
C. 1970 => 6 - 5.8 = 0.2 the least.
D and E by graph we can easily say these values are above 0.2.
C.
Let me know whether my solution is incorrect or can share the better one.
Re: For which of the following years was the ratio of the median
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14 Jul 2018, 01:16
14 Jul 2018, 01:16
Expert Reply
In 1965 is 7.2-6.5
However, the approach is correct and sound.
Regards
However, the approach is correct and sound.
Regards
