Free Admission Tests GMAT Practice Exam with Questions & Answers | Set: 8

The graph shows the mean, the median, and the mode of monthly rents for apartments in a certain European city in 2008, 2009, and 2010. During each of these years, a large number of the residents of this city rented apartments. All of the rents were In whole euros (€).

Select from the drop-down menus the options that create the statement that K most strongly supported by the information provided.

Elena has worked as a real estate agent for exactly 3 years—Years 1, 2, and 3. In Year 1, she sold exactly 16 properties. She sold more properties In Year 2 than in Year 1, and more properties In Year 3 than In Year 2. The average (arithmetic mean) number of properties she sold per year for the 3 years was 19.

Select a number for Year 2and a number for Year 3that could be the total numbers of properties Elena sold in Year 2 and in Year 3, respectively, so that the selections are Jointly consistent with the information provided. Make only two selections, one In each column.

Select from each drop-down menu the option that creates the statement that most accurately reflects the information in the graph.

The age groups of India reflected on the vertical axis for which the population is projected to be higher in 2050 than it was in 2010 are the age groups that are above Select...

The age groups of India reflected on the vertical axis for which the population is projected to be lower in 2050 than it was in 2010 are the age groups that are below Select...

Sales promotions can involve selling a product at a relatively low price or selling the product with a free (or seemingly free) unit of the product, as in "buy one, get one free" campaigns. Research shows that immediately following month-long sales promotions, a postpromotion dip may occur, i.e., sales for the following calendar month may be less than sales for the calendar month preceding the sales promotion.

To increase sales, Storex, a department store, held month-long sales campaigns to promote four of its products. A sales promotion was considered successful if unit sales of the product were at least 10% higher in each of the 2 calendar months immediately following the promotion than In the month preceding it.

Experts have offered explanations for postpromotion dip:

• Explanation I: Many consumers stockpile the product at relatively low cost during the sales promotion.

• Explanation II: "Buy one, get one free" promotions cause some consumers to undervalue the product, making them less likely to buy it following the sales promotion.

• Explanation HI: Many consumers who missed a "buy one, get one free" opportunity may, as a result, develop so-called inaction inertia, i.e., become less likely to buy the product at either the regular or even at a discount price than if the sales promotion had not occurred.

Which one of the following is most strongly supported by the sales data, given the other Information provided?

Client: You've recommended that we use humor In our new radio advertising campaign. Why be funny on the radio when we haven't been funny in advertising campaigns for

other media?

Advertising director: Because humor on the radio is very engaging. Two other common approaches to radio advertising-using announcers and producing short catchy songs or jingles—are both so inherent In the existing radio programming that commercials using those two approaches often get tost in the programs. Humor, on the other hand, Is rare —so rare it stands out and engages completely.

The advertising director's argument depends on an assumption of cause and effect. Indicate by an appropriate selection which of the statements In the table most accurately describes the cause of such an effect, and which most accurately describes such an effect. Make only two selection one in each column.

(1) The telephone company connected 12 calls for the customer to Country B last month.

(2) If the telephone company had no connection fee last month but had charged a per-minute rate that was 20 percent greater than the rate the customer was actually charged, then the total charge fa the customer's calls to Country B last month would have been $90.00.

Archaeologists have excavated two ancient sites, Site A and Site B, each containing bowls and dishes. A third site containing similar vessels (bowls and dishes), Site C, Is known to have existed but has not yet been located. The vessels have been dated to three successive 40-vear-long time periods (Mil).

The dishes that were found are small and plain and were made primarily for everyday use. For each site, the average population at the site for a period is known to be roughly proportional to the number of dishes found that were dated to that period.

The bowls are more elaborate, decorated In either a curvy or a rectilinear style. They were made primarily for ritual use. The numbers of bowls found indicate the level of wealth of the site's inhabitants during the period to which the bowls were dated (with greater numbers indicating greater wealth).

Documents found at Sites A and B establish that exactly 18 of the dishes found at Site A were manufactured at Site C; otherwise, all of the vessels were made at the sites where they were found.

For each of Sites A through C, select Yes If the Information provided Indicates that the population at that site was both greater in Period II than Period I and greater in Period III than in Period II. Otherwise, select No.