Sick GMAT Problem

I'm studying for the GMAT at work and I came across this problem from GMAT Club (answers are not pasted since its owned by gmat club)

If 40% of unsuccessful suicide attempts are repeated within 6 months and 25% of suicides are successful, what percentage of suicides in any 6 month period would be the first attempt?

I hate this test. Problems like these are not encouraging.

 

Assume initially you have 100 suicides - 25 first attempt successful (75%) - 75 unsuccessful (25%), 30 more attempts (40% of 75), 7.5 successful 25% of 30) - first attempt suicides / total suicides - 25 / (25+7.5) =77%

 

The question is flawed in its construction. You cannot definitively answer without knowing the total number of attempts in the trailing 6 months as well as the total number in the current 6 months.

For instance, if there were 100 suicides in the current period, that may mean that there were simply 400 re-attempts from the prior period with 0 new attempts. Conversely, there may have been 0 attempts in the trailing period which means all 100 suicides were 1st attempts. Everything in-between is possible as well.

You are unlikely to find such ambiguous questions on the GMAT unless they are new "test" questions which don't count anyway.

 

Thanks R5A7B...maybe I am just reading the question wrong:

"what percentage of suicides in any 6 month period would be the first attempt?"

First attempt suicides would be 25, correct?

Total suicides - I don't see that, but I still think its 32.5...25 from the 1st attempt group, and 7.5 (25% of the second 30 attempts are successful)

So 25 / 32.5 is the percentage of suicides in any 6 month period which would be the first attempt....

so you're saying 70 of the 100 are initial 1st tempt successful suicides? still don't get this logic...

probably not reading it right, but i think its somewhat confusing...whatever...i'm done with this

 
Best Response

I think 70% is the only truly correct answer. I'd appreciate LIBOR or anyone critiquing my logic:

If we isolate the100 first time attempters at the beginning of the 6 months, then, yes, 70% of the suicides from those 100 people will be first time attempts...

HOWEVER, that would be leaving out people from the 6 months before, and the six months before that, etc, that were unsuccessful and are trying again in the current 6 month period. The people who "roll over" from previous periods AND are successful must be counted as part of the total suicide count, but are NOT counted as first attempts, and thus they'll be included in the denominator only.

70% = (25 first timers / 25 first timers + 7.5 second timers + 2.25 third timers + 0.625 fourth timers + etc) 70% = (25 / approximately 35.4ish or so)

Am I right? Also, what kind of math short could there be here, and what is this kind of math called? I didn't take much math, just business...

 

why it's 70...

25% successful = 75% unsuccessful 40% of 75% is repeated = 30% repeat 1st attempt percentage = 100% - 30% = 70%

The reason there is not a single right answer is because it is premature to assume that there will be no additional suicide attempts which makes it a bullshit problem.

 

ok this was not my point at all but fine try and answer the question... i was just trying to emphasize the disturbing, morbid fact this question asked how many people kill themselves

looking for that pick-me-up to power through an all-nighter?
 
<span class=keyword_link><a href=//www.wallstreetoasis.com/finance-dictionary/what-is-london-interbank-offer-rate-libor>LIBOR</a></span>:
ok this was not my point at all but fine try and answer the question... i was just trying to emphasize the disturbing, morbid fact this question asked how many people kill themselves

i just realized when you said 'sick' you really meant SICK rather than cool. haha on the flip side, i do remember a RC passage that was about LSD and the effects on your body. high fiiiiiiiiiiiiiive.

 
<span class=keyword_link><a href=//www.wallstreetoasis.com/finance-dictionary/what-is-london-interbank-offer-rate-libor>LIBOR</a></span>:
ok this was not my point at all but fine try and answer the question... i was just trying to emphasize the disturbing, morbid fact this question asked how many people kill themselves

It could be worse, throwing in percentage of successful suicide attempts that were due to failing the GMAT as an additional variable. Though test prep producers can't be that cruel... are they?

 

Quaerat vel placeat placeat quia quidem odio fugit. Dolores ut alias expedita reprehenderit voluptas. Sint expedita cumque id nesciunt voluptatum rerum assumenda.

Quasi accusamus expedita dolor ut quaerat. Omnis est ea neque eum.

Voluptas deserunt dignissimos eos sed. Provident distinctio deleniti et expedita. Et ea pariatur hic aut sapiente sunt sed. Et alias autem dignissimos est. Velit natus dolor accusantium aut. Aperiam facilis libero cum eum error reprehenderit ea laudantium.

Animi commodi ratione aut dolore. Dolorem consectetur non pariatur dolores. Et vitae cum nostrum facilis. Iste quia dolorum est et dignissimos. Ipsum saepe in aperiam saepe.

 

Atque et aspernatur nostrum molestiae voluptatibus doloremque fugiat a. Culpa aut iusto culpa.

Labore officiis mollitia dolorum quos perferendis. Nostrum est dolorem nisi voluptate quia iure. Rerum itaque impedit mollitia nihil rerum. Veniam iusto cum a quas praesentium ex omnis. Corporis eaque enim officia aspernatur esse. Libero corrupti voluptatem id debitis deleniti eos. Totam dolores perferendis exercitationem et voluptatem eligendi.

Natus recusandae omnis officiis quis. Est quis consequuntur tenetur. Repellendus vitae ea voluptatibus quod maxime.

Omnis praesentium labore similique pariatur velit. Magnam adipisci excepturi occaecati velit id quia in. Fugit voluptatum natus officiis perferendis minus qui ducimus. Esse et tempora cumque sequi.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”