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Group Question
Answer the following question based on the information given below.
Surveys were conducted in three years - 2003, 2004 and 2005 - to find out the likelihood of people investing in shares or real estate. Each year, exactly 500 people were surveyed and the results of the survey are given in the following table.
Persons likely to invest = persons somewhat likely to invest + persons very likely to invest
Persons unlikely to invest = persons somewhat unlikely to invest + persons very unlikely to invest
Additional Information for questions 4 and 5:
The same set of 500 persons were surveyed in each of the three given years.
 
Q. In the year 2003, at least how many of the persons surveyed are unlikely to invest in both shares and real estate?
  • a)
    25
  • b)
    35
  • c)
    45
  • d)
    40
  • e)
    Cannot be determined
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Group QuestionAnswer the following question based on the information g...
As per the data given, the total number of persons surveyed who are unlikely to invest in shares and real estate in 2003 include those who are very unlikely and somewhat unlikely = 250 + 120 + 85 + 70 = 525
But the total number of persons surveyed = 500
∴ We are asked to find the least number of persons who are unlikely to invest in both shares and real estate we can calculate the required number of respondents = 525 - 500 = 25
Hence, option 1.
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Group QuestionAnswer the following question based on the information given below.Surveys were conducted in three years - 2003, 2004 and 2005 - to find out the likelihood of people investing in shares or real estate. Each year, exactly 500 people were surveyed and the results of the survey are given in the following table.Persons likely to invest = persons somewhat likely to invest + persons very likely to investPersons unlikely to invest = persons somewhat unlikely to invest + persons very unlikely to investAdditional Information for questions 4 and 5:The same set of 500 persons were surveyed in each of the three given years.Q.In the year 2003, at least how many of the persons surveyed are unlikely to invest in both shares and real estate?a)25b)35c)45d)40e)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?
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Group QuestionAnswer the following question based on the information given below.Surveys were conducted in three years - 2003, 2004 and 2005 - to find out the likelihood of people investing in shares or real estate. Each year, exactly 500 people were surveyed and the results of the survey are given in the following table.Persons likely to invest = persons somewhat likely to invest + persons very likely to investPersons unlikely to invest = persons somewhat unlikely to invest + persons very unlikely to investAdditional Information for questions 4 and 5:The same set of 500 persons were surveyed in each of the three given years.Q.In the year 2003, at least how many of the persons surveyed are unlikely to invest in both shares and real estate?a)25b)35c)45d)40e)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Group QuestionAnswer the following question based on the information given below.Surveys were conducted in three years - 2003, 2004 and 2005 - to find out the likelihood of people investing in shares or real estate. Each year, exactly 500 people were surveyed and the results of the survey are given in the following table.Persons likely to invest = persons somewhat likely to invest + persons very likely to investPersons unlikely to invest = persons somewhat unlikely to invest + persons very unlikely to investAdditional Information for questions 4 and 5:The same set of 500 persons were surveyed in each of the three given years.Q.In the year 2003, at least how many of the persons surveyed are unlikely to invest in both shares and real estate?a)25b)35c)45d)40e)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Group QuestionAnswer the following question based on the information given below.Surveys were conducted in three years - 2003, 2004 and 2005 - to find out the likelihood of people investing in shares or real estate. Each year, exactly 500 people were surveyed and the results of the survey are given in the following table.Persons likely to invest = persons somewhat likely to invest + persons very likely to investPersons unlikely to invest = persons somewhat unlikely to invest + persons very unlikely to investAdditional Information for questions 4 and 5:The same set of 500 persons were surveyed in each of the three given years.Q.In the year 2003, at least how many of the persons surveyed are unlikely to invest in both shares and real estate?a)25b)35c)45d)40e)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?.
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