The following charts show the responses of the population of the state of ABC over a four-year period to the question– “Is State ownership the best way to run an enterprise OR an enterprise is best run by private entrepreneurs?” The eligible voting population of ABC was 4.8 million in January 2003 and can be assumed to have grown by 20% each year during the period January 2002–January 2005. The entire eligible population voted in each of the four years and every person casted a vote in favour of only one of the five options shown each year.
For which option did the number of people casting their vote decrease between January 2002 and January 2005?
Assume that P1 and P2 are the percentage votings for an option in January 2002 and January 2005 respectively. A decrease in the number of people would take place for the option for which (8.3P2 – 4.8P1) < 0. This is so for the option 'definitely prefer private'.
<p>Assume that P1 and P2 are the percentage votings for an option in January 2002 and January 2005 respectively. A decrease in the number of people would take place for the option for which (8.3P<sub>2</sub> – 4.8P<sub>1</sub>) < 0. This is so for the option 'definitely prefer private'.</p>
From the 1st statement: B2 is now as old as B3 was in the past. Hence B2 is younger to B3 or B2 < B3. Also sometime in the past B1 was twice as old as B4. So B1 is elder to B4 or B1 > B4. B3 will be as old as B5 in future, hence B3 < B5. The second statement suggests: B1 > B6. B1 was as old as B7 in the past. Hence B1 > B7. B4 will be as old as B6 in future. Hence B6 > B4. B6 will be as old as B7 now in future. Hence B7 > B6. B7 was as old as B2, when B1 was as old as B7. Hence B1 = B2. Combining both the results, we get: and B5 > B3 > B2 = B1 > B7 > B6 > B4 (Note by B1 = B2, it is meant that they are of similar age group, not necessarily the same).
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