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magical cook
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PostPosted: Thu Aug 30, 2007 8:52 am    Post subject: 28-4 Reply with quote

In a demographic study, the population and total income of a certain region were estimated from
other data, and both estimates had lower and upper limits. At the time of the estimates, was the
per capita income for the region greater than $16,500?

(1) The lower limit for the estimate of the population was 330,000 people.
(2) The lower limit for the estimate of the total income was $5,500,000,000.
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kajcha
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PostPosted: Thu Aug 30, 2007 10:21 am    Post subject: Reply with quote

IMO C

Stmt 1 - Does not talk about Incomce NOT SUFF
Stmt 2 - Does not talk about population NOT SUFF

Together per capita income (lower limit) = 550000/330 = 16666.67

Greater than $16500.... SUFF
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magical cook
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PostPosted: Thu Aug 30, 2007 12:28 pm    Post subject: Reply with quote

Unfortunately, answer is different.


Can anyone help us?
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givemeanid
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PostPosted: Thu Aug 30, 2007 12:57 pm    Post subject: Reply with quote

You need the 'upper' limit for the population, not the 'lower' limit to calculate the lower end of the estimate. To minimize a/b, you need min a and max b. So, E.
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kajcha
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PostPosted: Thu Aug 30, 2007 1:19 pm    Post subject: Reply with quote

givemeanid wrote:
You need the 'upper' limit for the population, not the 'lower' limit to calculate the lower end of the estimate. To minimize a/b, you need min a and max b. So, E.


Good point.. thanks givemeanid
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