Overlapping Sets, Statistics, and Data Distributions
27 questions
In a financial firm, a total of portfolio audits were conducted last year. Each audit was classified as High-Risk, International, or both. Exactly audits were classified as High-Risk, and exactly audits were classified as International. What was the average (arithmetic mean) duration, in days, of the portfolio audits?
(1) The average duration of the High-Risk audits was days, and the average duration of the International audits was days.
(2) The average duration of the audits classified as both High-Risk and International was days.
A financial advisory firm manages a portfolio of assets, each of which is classified as a Tech asset, a Biotech asset, or both. Exactly of the assets are Tech assets, and exactly of the assets are Biotech assets. Is the average (arithmetic mean) value of the Tech-only assets greater than the average value of the Biotech-only assets?
(1) The average value of all Tech assets is million, and the average value of all Biotech assets is million.
(2) The average value of the assets classified as both Tech and Biotech assets is million.
In a commercial survey of retail stores, each store sells products from Brand P, Brand Q, or both. The average (arithmetic mean) monthly revenue of the stores that sell Brand P is , and the average monthly revenue of the stores that sell Brand Q is . What is the average monthly revenue of all stores combined?
(1) Exactly stores sell both Brand P and Brand Q, and their average monthly revenue is .
(2) Exactly stores sell only Brand P.
In a laboratory, experimental trials were conducted. Each trial was monitored by Sensor P, Sensor Q, or both. The average (arithmetic mean) duration of the trials monitored by Sensor P only was minutes, and the average duration of the trials monitored by Sensor Q only was minutes. What was the average duration of all trials?
(1) Exactly trials were monitored by Sensor P only, and trials were monitored by Sensor Q only.
(2) The average duration of all trials monitored by Sensor Q was minutes, and the average duration of the trials monitored by both sensors was minutes.
A summer academic camp has a total of enrolled students. Every student participates in at least one of two workshops: Data Analysis or Public Speaking. Exactly students participate in Data Analysis and exactly students participate in Public Speaking. What is the average (arithmetic mean) test score of the students who participate ONLY in Public Speaking?
Statement (1): The average test score of all students in the camp is .
Statement (2): The average test score of the students who participate in BOTH workshops is , and the average test score of the students who participate ONLY in Data Analysis is .
A medical research trial evaluated patients, each of whom experienced side effect A, side effect B, or both. Exactly patients experienced side effect A, and exactly patients experienced side effect B. What was the average (arithmetic mean) duration of side effect A, in days, among all patients who experienced side effect A?
(1) The average duration of side effect A for patients who experienced ONLY side effect A was days.
(2) The average duration of side effect A for patients who experienced BOTH side effects was days.
A dataset consists of distinct positive integers. Is the median of the dataset greater than its arithmetic mean?
(1) The sum of the smallest integers in the dataset is , and the sum of the largest integers in the dataset is .
(2) The dataset forms an arithmetic progression.