Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

The various prices that a certain product were sold...

Expert replies
by BTGmoderatorLU » Sat Oct 28, 2017 5:59 pm
$10, $11, $11, $12, $12, $14, $16, $17, $21, $22

The various prices that a certain product were sold for at retailers in City X is shown above. How many prices were greater than the median price but less than the mean price?

(A) None
(B) One
(C) Two
(D) Three
(E) Four

The OA is B.

Can any expert explain this PS question, please? I don't have it clear. Thanks.
Join the discussion
Source: — Problem Solving |

by EconomistGMATTutor » Sun Oct 29, 2017 9:09 am
Hello LUANDATO.

Let's take a look at your question.

The median price of the set consist in sum the two numbers in the middle of the set (12 and 14) and then divide the result by 2. In our case, the median price is $$\frac{12+14}{2}=\frac{26}{2}=13.$$

By the other hand, the mean price is the sum of all the numbers and then divide by the total of numbers in the set. In our case, the mean price is $$\frac{10+11+11+12+12+14+16+17+21+22}{10}=\frac{146}{10}=14,6.$$

Now, the only number on the list that satisfy the condition is 14.

So, there is only ONE number such that it is greater than the median price but less than the mean price.

That is why the correct option is B.

I hope this clarify it to you.

I'm available if you'd like any follow up.
GMAT Prep From The Economist
We offer 70+ point score improvement money back guarantee.
Our average student improves 98 points.

Image
Join the discussion

BTGmoderatorLU wrote: ↑
Sat Oct 28, 2017 5:59 pm
$10, $11, $11, $12, $12, $14, $16, $17, $21, $22

The various prices that a certain product were sold for at retailers in City X is shown above. How many prices were greater than the median price but less than the mean price?

(A) None
(B) One
(C) Two
(D) Three
(E) Four

The OA is B.

Can any expert explain this PS question, please? I don't have it clear. Thanks.
The mean price is:

(10 + 22 + 24 + 14 + 16 + 17 + 21 + 22) / 10 = 146/10 = 14.6

The median is (12 + 14) / 2 = 13

So, there is 1 price greater than the median but less than the mean, which is $14.

Answer: B

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage
Join the discussion