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Question Nos. 59 and 70 in Official Quant Guide


 
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snuman
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PostPosted: Fri Sep 05, 2008 11:23 am    Post subject: Question Nos. 59 and 70 in Official Quant Guide Reply with quote

Can anybody explain the difference of logic behind in Question Nos. 59 and 70 in the Official Quant Guide?

Q 59 asks for the value of "exactly 2 standard deviation less than mean" and calculates it as: " [mean - 2 standard devistion]", while Q 70 asks for "value more than 2.5 standard deviation from the mean" and calculates it as in the range: "[mean - 2.5 standard devistion] and [mean + 2.5 standard devistion]. Why the range in Q 70 not in Q 59?

Nauman
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Mpalmer22
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PostPosted: Fri Sep 05, 2008 12:58 pm    Post subject: Re: Question Nos. 59 and 70 in Official Quant Guide Reply with quote

snuman wrote:
Can anybody explain the difference of logic behind in Question Nos. 59 and 70 in the Official Quant Guide?

Q 59 asks for the value of "exactly 2 standard deviation less than mean" and calculates it as: " [mean - 2 standard devistion]", while Q 70 asks for "value more than 2.5 standard deviation from the mean" and calculates it as in the range: "[mean - 2.5 standard devistion] and [mean + 2.5 standard devistion]. Why the range in Q 70 not in Q 59?

Nauman


Hey,

The main thing to notice in the question is that 59 is explicitly asking for a number by saying "exactly 2" deviations less than the mean.

In 70, saying "a value more than 2.5 deviations away from the mean", is different from saying "2.5 deviations more than the mean." (Notice the difference in word order)

Think of it like a number line:
1. the first one is like asking for a numbers that are 2 units away from zero {-2,2}

2. the second one is asking for a number 2 units more than 0 or 2.

Hope that help explain the difference in what they are asking. Again, it is mostly a difference in the wording of the question. Let me know if you have any more questions.
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snuman
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PostPosted: Sat Sep 06, 2008 10:37 am    Post subject: Reply with quote

I appreciate your reply. But im still confused.

You come up with "2" for a value two units more than zero on a number line, but the question No. 70 calculates it differently and instead of a single value, it goes for range.
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snuman
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PostPosted: Sat Sep 06, 2008 10:43 am    Post subject: Reply with quote

Hi Mpalmer22,

I got it now. Actually i got confused with your point 1 and 2. But i think you have made it clear by highlighting the difference in wordings.

Thanks

Nauman
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