Last visit was: 20 Nov 2024, 03:31 It is currently 20 Nov 2024, 03:31

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.

Close

Request Expert Reply

Confirm Cancel
Verbal Expert
Joined: 18 Apr 2015
Posts: 29988
Own Kudos [?]: 36299 [2]
Given Kudos: 25916
Send PM
Most Helpful Community Reply
avatar
Intern
Intern
Joined: 21 Aug 2020
Posts: 39
Own Kudos [?]: 32 [5]
Given Kudos: 0
Send PM
General Discussion
Verbal Expert
Joined: 18 Apr 2015
Posts: 29988
Own Kudos [?]: 36299 [0]
Given Kudos: 25916
Send PM
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Own Kudos [?]: 12193 [3]
Given Kudos: 136
Send PM
In a poll, 200 subscribers to Financial Magazine X indicated [#permalink]
2
1
Bookmarks
Carcass wrote:
Image
In a poll, 200 subscribers to Financial Magazine X indicated which of five specific companies they own stock in. The results are shown in the table above. If 15 of the 200 own stock in both IBM and AT&T, how many of those polled own stock in neither company?

(A) 63
(B) 93
(C) 107
(D) 122
(E) 137


Another approach is to use the Double Matrix Method. This technique can be used for questions featuring a population in which each member has two characteristics associated with it (aka overlapping sets questions).
Here, we have a population of 200 magazine subscribers and the two characteristics we need to focus on are:
- owns stock in IBM or does not own stocks in IBM
- owns stock in AT&T or does not own stocks in AT&T

So we can set up our diagram as follows:
Image


If 30 of the 200 subscribers own stock in AT&T, then the other 170 subscribers do NOT own stock in AT&T
If 48 of the 200 subscribers own stock in IBM, then the other 152 subscribers do NOT own stock in IBM
When we add this to our diagram we get the following:
Image


At this point, we can complete the rest of our diagram:
Image

Since the bottom-right square represents subscribers who own stock in neither company, the correct answer is E

RELATED VIDEO FROM OUR COURSE
User avatar
GRE Prep Club Legend
GRE Prep Club Legend
Joined: 07 Jan 2021
Posts: 5022
Own Kudos [?]: 74 [0]
Given Kudos: 0
Send PM
Re: In a poll, 200 subscribers to Financial Magazine X indicated [#permalink]
Hello from the GRE Prep Club BumpBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Prep Club for GRE Bot
Re: In a poll, 200 subscribers to Financial Magazine X indicated [#permalink]
Moderators:
GRE Instructor
78 posts
GRE Forum Moderator
37 posts
Moderator
1111 posts
GRE Instructor
234 posts

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