lower limit

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lower limit

by Hano » Thu Dec 06, 2007 9:42 pm
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.


please explain
Source: — Data Sufficiency |

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by hemanth28 » Sat Dec 08, 2007 11:48 pm
I guess the answer is "both 1 and 2 are insufficiant".

if the upper limit of population is given instead of lower limit ,than we could have come to a conclusion on the min percapita.

Min Percapita =Min income/Max population.