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Instructions
An agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:

Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):

It is further known that in terms of overall scores:
1. High Q is better than Best Ed;
2. Best Ed is better than Cosmopolitan; and
3. Education Aid is better than A-one.
Q. What is the highest overall score among the eight colleges ?
Correct answer is '48'. Can you explain this answer?
Verified Answer
InstructionsAn agency entrusted to accredit colleges looks at four par...
It is given that: High Q > Best Ed > Cosmopolitan and Education Aid > A-one We can say that High Q > Cosmopolitan We can see that both High Q and Cosmopolitan got same points in reputation (R) and placement quality (P). High Q received more points in infrastructure (I) than Cosmopolitan whereas Cosmopolitan received more points in faculty Quality (F) than High Q.
Hence, we can say that Infrastructure's weight should be greater than Faculty quality. i.e. I > F Similarly, We can see that both Best Ed and Cosmopolitan got same points in faculty Quality (F) and placement quality (P). Best Ed received more points in reputation (R) than Cosmopolitan whereas Cosmopolitan received more points in infrastructure (I) than Best Ed.
Hence, we can say that reputation's weight should be greater than infrastructure. i.e. R > I Similarly, We can see that both Education Aid and A-one got same points in faculty Quality (F) and reputation (R). Education Aid received more points in infrastructure (I) than A-one whereas A-one received more points in placement quality (P) than Education Aid.
Hence, we can say that reputation's weight should be greater than infrastructure. i.e. I > P So basically there are two possible cases: R > I > P > F or R > I > F > P Case 1: Order of weights assigned = R > I > P > F
R = 0.4, I = 0.3. P = 0.2, F = 0.1
In this case overall score received by Best Ed = 0.1*40+0.4*30+0.2*20+0.3*20 = 26 In this case overall score received by High Q = 0.1*30+0.4*20+0.2*20+0.3*40 = 27 We can see that High Q's overall score is higher than Best Ed. Hence, this is a possible case.
Case 2: Order of weights assigned = R > I > F > P
R = 0.4, I = 0.3. P = 0.1, F = 0.2
In this case overall score received by Best Ed = 0.2*40+0.4*30+0.1*20+0.3*20 = 28 In this case overall score received by High Q = 0.2*30+0.4*20+0.1*20+0.3*40 = 28 We can see that High Q's overall score is not greater than the overall score received Best Ed. Hence, this case is not possible.
Now that we know the weight of each parameter, we can calculate the overall score and accreditation received by each college.

From the table we can see that Education Aid scored the highest overall score = 48.
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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. 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?

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?

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InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer?
Question Description
InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. 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 InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer?.
Solutions for InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. 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 InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer?, a detailed solution for InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer? has been provided alongside types of InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice InstructionsAn agency entrusted to accredit colleges looks at four parameters: faculty quality (F), reputation (R), placement quality (P), and infrastructure (I). The four parameters are used to arrive at an overall score, which the agency uses to give an accreditation to the colleges. In each parameter, there are five possible letter grades given, each carrying certain points: A (50 points), B (40 points), C (30 points), D (20 points), and F (0 points). The overall score for a college is the weighted sum of the points scored in the four parameters. The weights of the parameters are 0.1, 0.2, 0.3 and 0.4 in some order, but the order is not disclosed. Accreditation is awarded based on the following scheme:Eight colleges apply for accreditation, and receive the following grades in the four parameters (F, R, P, and I):It is further known that in terms of overall scores:1. High Q is better than Best Ed;2. Best Ed is better than Cosmopolitan; and3. Education Aid is better than A-one.Q.What is the highest overall score among the eight colleges ?Correct answer is '48'. Can you explain this answer? tests, examples and also practice CAT tests.
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