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GMAC Data Insights Flashcards

6 cards from real GMAC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 GMAC Data Insights flashcards as text

  1. In a GMAC graphics interpretation question, a pie chart shows that 35% of costs are labor. If total costs are $200,000, how much is spent on labor?

    Answer: $70,000

    35% of $200,000 = 0.35 × $200,000 = $70,000.

  2. A two-part analysis asks you to determine if a dataset's median is less than its mean. Given values 2, 3, 3, 4, 18, what is the median?

    Answer: 3

    When the five values are sorted (2,3,3,4,18), the middle (third) value is 3, which is the median.

  3. A GMAC Data Insights question shows a bar chart where sales increased by 10% each year for 3 years starting at $100K. What are sales in year 3?

    Answer: $133,100

    Year 1: $110K, Year 2: $121K, Year 3: $133,100 after compounding 10% annually three times.

  4. In a table analysis, you sort by 'profit margin' descending. Company X has revenue $500K and costs $425K. What is its profit margin?

    Answer: 15%

    Profit = $500K − $425K = $75K; margin = $75K/$500K = 15%.

  5. A multi-source reasoning passage states a project is 60% complete after 9 months. At this rate, how many total months will the project take?

    Answer: 15 months

    If 60% takes 9 months, then 100% takes 9/0.60 = 15 months.

  6. A GMAC Data Insights scatter plot shows a strong positive correlation between advertising spend and sales. Which conclusion is best supported?

    Answer: Higher ad spend is associated with higher sales

    Correlation shown in a scatter plot indicates association, not causation.

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