Last visit was: 03 Dec 2024, 11:13 It is currently 03 Dec 2024, 11:13

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
SORT BY:
Date
Manager
Manager
Joined: 04 Jan 2019
Posts: 62
Own Kudos [?]: 114 [10]
Given Kudos: 5
Send PM
Intern
Intern
Joined: 05 Feb 2022
Posts: 2
Own Kudos [?]: 1 [1]
Given Kudos: 16
Send PM
Manager
Manager
Joined: 06 Jun 2021
Posts: 78
Own Kudos [?]: 13 [0]
Given Kudos: 61
Send PM
avatar
Intern
Intern
Joined: 30 Apr 2022
Posts: 2
Own Kudos [?]: 0 [0]
Given Kudos: 3
Send PM
Re: Average value traded by the investor [#permalink]
GreenlightTestPrep Solution?????????
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Own Kudos [?]: 12208 [1]
Given Kudos: 136
Send PM
Re: Average value traded by the investor [#permalink]
1
suchakdeep wrote:
GreenlightTestPrep Solution?????????


I get B also.
My calculations are identical to @donnijeon's
Verbal Expert
Joined: 18 Apr 2015
Posts: 30104
Own Kudos [?]: 36536 [0]
Given Kudos: 25966
Send PM
Re: Average value traded by the investor [#permalink]
Expert Reply
Ok . Fixed teh OA

Thank you
Intern
Intern
Joined: 23 Feb 2023
Posts: 47
Own Kudos [?]: 22 [0]
Given Kudos: 5
Send PM
Re: Average value traded by the investor [#permalink]
Can anyone provide more detailed solution please?
Intern
Intern
Joined: 18 Jul 2023
Posts: 16
Own Kudos [?]: 1 [0]
Given Kudos: 153
Send PM
Re: Average value traded by the investor [#permalink]
Carcass wrote:
Ok . Fixed teh OA

Thank you

Carcass could you please explain how do you get the answer
Verbal Expert
Joined: 18 Apr 2015
Posts: 30104
Own Kudos [?]: 36536 [0]
Given Kudos: 25966
Send PM
Average value traded by the investor [#permalink]
Expert Reply
Attachment:
Q1.png
Q1.png [ 127.84 KiB | Viewed 976 times ]


Since the question states

Approximately what was the average value traded per investor in the five categories for 2001 we have to care only of the red part of the graph

As such, it is a matter of a multiplication between the two values. Because the two values are already the average per single operation but we need the total average referring to the 5 categories above the red part (in the first half of the table

\(2,610 * 18 \approx 47,000\)

I hope this helps
Moderators:
GRE Instructor
86 posts
GRE Forum Moderator
37 posts
Moderator
1111 posts
GRE Instructor
234 posts

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