XAT 2016 — QA & DI Question 24
Answer the next 4 questions based on the information given below.
This graph depicts the last eight years annual salaries (in Rs. lacs.) offered to student during campus placement. Every year 100 students go through placement process. However, at least one of them fails to get placed. The salaries of all unplaced students are marked zero and represented in the graph.
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The bold line in the graph presents Mean salaries at various years.
Identify the years in which the annual median salary is higher by at least 60% than the average salary of the preceding year?
Answer & solution
- A
2009, 2010
2012, 2014
- C
2009, 2010, 2012
- D
2009, 2012, 2014
- E
2009, 2010, 2012, 2014
In the given chart the median salary is the junction of the second and third category from the bottom.
For 2009 the median salary is approximately 24 lakhs.
For 2008 the average salary is approximately 16 lakhs.
The median of 2009 is 50% more than the average of 2008.
Hence, 2009 does not satisfy the given criterion.
Therefore, all four options (a), (c), (d) and (e) are eliminated.
Hence, option (b).