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A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.
In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1 while Claim Settlement of 1 could be of Company C2.
It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.
Further 
1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.
2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.
3. C1 had witnessed different number of respondents for each of the three parameters.
4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.
Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.
 
Q. Which of the following combinations of statements can be true?
1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.
2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.
3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.
4. The ratio of number of respondents who  had accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.
  • a)
    Only 1 and 4
  • b)
    Only 2 and 3
  • c)
    Only 3 and 4
  • d)
    Only 1, 2 and 4
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A survey was carried out to assess the acceptability of private insura...
Consider statements 1 and 2: The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 14 : 10, i.e. 7 : 5 in case 1 and case 3.
In case 2 it is 14 : 12, i.e. 7 : 6.
In case 4 it is 14 : 8, i.e. 7 : 4.
Hence, statement can be true for cases 1 and 3, but statement 2 is not true. Consider statement 3: The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 12 : 10, i.e. 6 : 5 in cases 1 and 3. It is 10 : 12 i.e. 5 : 6 in cases 2 and 4.
Hence, statement 3 is definitely false.
Hence, option 2 is eliminated.
Consider statement 4: The ratio of number of respondents who had accepted C3 and C1 on Reliability in case 1 and case 4 is 5 : 2. In case 2, it is 6 : 5. In case 3, it is 2 : 5.
Hence, statement 4 is true for case 1, case 3 and case 4. Hence, option 1.
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Group QuestionAnswer the following question based on the information given below.A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. What could be the total points scored by C4 on all parameters put together?

A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. If C3 had 5 respondents for Reliability, what could be the ratio of the number of respondents who had accepted C3 on Claim Settlement to that of the number of respondents who had accepted C1on Ethical Sales?

A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. If the total number of respondents for each of the four companies, on all three parameters combined, is different; what would be the difference between the number of respondents who had accepted C4 on Claim Settlement and C1in Ethical Sales?

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A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer?
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A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer?.
Solutions for A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer?, a detailed solution for A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A survey was carried out to assess the acceptability of private insurance players. A group of 100 respondents was identified and they were to be queried on the following parameters : Reliability, Claim Settlements and Ethical Sales. The insurance companies to be surveyed were camouflaged as C1, C2, C3 and C4. The query was based on two factors: Acceptable and Non-acceptable. The chart below gives the details of the respondents who answered the queries as acceptable for the said parameters.In the above chart, 1 does not necessarily represent C1. Similarly 2 may or may not represent C2. Also, the three parameters of 1 may not necessarily stand for the same company. For. eg: Reliability of 1 could be of company C1while Claim Settlement of 1 could be of Company C2.It was further observed that a single respondent had answered only one query on any one parameter i.e. no respondent had answered to two parameters that were asked for in the survey.Further1. The total number of respondents who had accepted the companies C2 and C4 on all the parameters was 29 and 26 respectively.2. C3 had equal number of respondents accepting it on at least two of the parameters and further the total number of respondents that C3 had on all the parameters was greater than the total number of respondents who had accepted C1 on all parameters put together.3. C1 had witnessed different number of respondents for each of the three parameters.4. C2 did not have 10 or 5 respondents giving a positive reply for any of the parameters.Further to have a more comprehensive analysis of the survey a point system was adopted wherein the company for whom the number of respondents for any particular parameter was highest was awarded 5 points. Similarly, the company which witnessed second highest number of respondents for that same parameter was awarded 3 points, third highest was awarded a single point and the company which had the least number of respondents accepting it on that particular parameter was supposed to get zero points.Q. Which of the following combinations of statements can be true?1. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 5.2. The ratio of number of respondents that had accepted C2 and C4 on Ethical Sales is 7 : 8.3. The ratio of number of respondents that had accepted C3 and C4 on Claim Settlement is 2 : 1.4. The ratio of number of respondents whohad accepted C3 and C1 on R eliability is 2 : 5 or 5 : 2.a)Only 1 and 4b)Only 2 and 3c)Only 3 and 4d)Only 1, 2 and 4Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
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