Multi-Source Reasoning | Re: Day 1 | Question 4 | Data Insights (DI) Quiz-II 2023 |

A. The economics department will offer a course in spatial econometrics if more than 14 students sign up for thecourse.

E-mail #1 highlights

'The dean of the college said that he will not open the course unless at least 15 students sign up by February 1.' --- necessary condition

However, for Sufficiency, other factors viz. budget, faculty etc may or may not be considered (Not known using the stimulus)

Hence, Cannot be conclusively determined that 'The economics department will offer a course in spatial econometrics if more than 14 students sign up for thecourse.'

NO is the correctanswer



B. The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for thecourse.

E-mail #3 highlights
The budget for software is somewhat flexible. However, it is not to exceed $1,000 under any circumstances.

There is no restriction whatsoever in the stimulus regarding budget vis-a-vis number of students signing up for thecourse.

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Statistics : Posted by pintukr • on 07 Oct 2023, 08:12 • Replies 5 • Views 121

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