Data Insights: Multi-Source Reasoning Flashcards

Tab 1 gives a fixed cost of $10,000 and Tab 2 gives a per-unit cost of $5. For 2,000 units, total cost is:

Answer: $20,000

Total cost = 10,000 fixed + (5 × 2,000) variable = 10,000 + 10,000 = 20,000.

An MSR question asks if a statement 'must be true,' 'could be true,' or 'cannot be true.' A statement consistent with but not forced by the data is:

Answer: Could be true

If the data permits but does not require a statement, it 'could be true.'

Two tabs report market share percentages that sum to 110% across listed firms. The best inference is:

Answer: The categories likely overlap or include different segments/time frames

Overlapping definitions or differing scopes commonly explain percentages that don't sum to 100%.

A question requires the ratio of Tab 1's revenue ($300k) to Tab 2's revenue ($120k). The ratio is:

Answer: 5:2

300k:120k simplifies to 5:2.

When MSR provides a footnote in small print under a table, you should:

Answer: Read it, since footnotes often hold key qualifying conditions

Footnotes frequently contain definitions or caveats that change how data should be interpreted.

A memo says a decision needs approval from 'a majority of the five board members.' The minimum number of approvals required is:

Answer: 3

A majority of five is three, the smallest number exceeding half.

The overarching skill MSR measures is best described as:

Answer: Integrating and evaluating information from multiple formats to reach sound conclusions

MSR assesses the ability to synthesize and judge data drawn from several distinct sources.