New Pattern Based Data Interpretation for SBI PO 2019, IBPS PO 2019 at Smartkeeda

Directions : Study the following bar and line chart carefully and answer the questions given beside.
 
The stacked graph gives the information about the average revenue collection (in ‘000) per movie in five consecutive years.




The line graph given below gives the information about the number of movies released in the consecutive years. 


 
1
The total revenues from Bollywood in the year 2015 was how much less than that in the year 2016 from Bollywood?
» Explain it
B
In the year 2015, the total revenues from Bollywood = 15 × 8000 = 120,000 thousand 
 
In the year 2016, the total revenues from Bollywood = 20 × 7500 = 150,000 thousand 
 
The required difference = 150,000 – 120,000 = 30,000  thousand

Hence, option B is correct.
 
2
What was the ratio between the total revenues in the year 2014 to that in the year 2016?
» Explain it
C
The total revenues in the year 2014, 6850 × 16 + 5000 × 8 = 109600 + 40000 = 149600 thousand 
 
The total revenues in 2016 = 7500 × 20 + 6000 × 8 = 150000 + 48000 = 198000 thousand 
 
The required ratio = 149600 : 19800 = 34 : 45 

Hence, option C is correct.
 
3
The number of Bollywood movies released in the given five years was how many more than that of Tollywood movies released in the given five years?
» Explain it
B
The number of Bollywood movies released in the given five years = 12 + 15 + 16 + 20 + 8 = 71 
 
The number of Tollywood movies released in the given five years = 15 + 8 + 10 + 8 + 8 = 49 
 
The required difference = 71 – 49 = 22 

Hence, option B is correct.
 
4
In the year 2017, the total revenues collection from Bollywood was what percentage of the total revenues collection of that year? (rounded off two decimal) 
» Explain it
C
In the year 2017, the total revenues collection = 5000 × 8 + 4000 × 8 = 9000 × 8

The total revenues collection from Bollywood = 5000 × 8

The reqd. % =  5000 × 8 × 100  =  500  = 55.56%
9000 × 8 9

Hence, option C is correct.

5
What was the difference between the average revenue collection per movie in the year 2015 and that in the year 2017?
» Explain it
B
The total revenue collection in the year 2015, = Rs. (8000 × 15 + 12000 × 10) = Rs. (120,000 + 120,000) = Rs. 240,000

The reqd. average =  240,000   = 9600 thousand
25

The total revenues collection in the year 2017 = Rs. (5000 × 8 + 4000 × 8) = Rs. 9000 × 8
The reqd. average =  9000 × 8  = 4500 thousand
16

The required difference = Rs. (9600 – 4500) = Rs. 5100 thousand

Hence, option B is correct.
 

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In this article we will discuss What is Data Interpretation, How its important for Bank PO and Clerk Exams.

What is Data Interpretation and how its useful for SBI PO, SBI Clerk, LIC, NABARD etc

In our day-to-day life, data is reported in the newspapers, on television, and in magazines. The data involves business, government, sports and many other topics. It is represented in an organized fashion, making it easy to interpret what you hear and read in the media. Those set of problems is being asked in different kind of form like Pie Chart di, Bar Chart di, Table Chart di, line chart di and info chart etc.

Now come back to the point data interpretation,  Data has to be well organized for it to be useful. This process of interpreting and analysing data to extract meaningful information from it is Data Interpretation. Solving Data Interpretation problems involves the use of basic formulas and manipulation of numbers.
Data Interpretation is calculation-intensive. It consists of a myriad of graphs, charts and tables form which you have to glean and analyse data. The key to cracking this area is to quickly identify the key pieces of data that you require to work on the questions asked.

Problems in Data interpretation are probably the closest in resemblance to the kind of problems you will be dealing with as a manager. They test your decision-making ability and speed using the minimum possible data. They help you to draw conclusions from collected data, support decision making, and contribute to better process, product, and quality models.

Data Sufficiency problems involve testing your quantitative concepts. They usually take the form of a logical puzzle. Instead of solving a data sufficiency problem, all you need to do is determine if the given information is enough to solve the problem. To solve Data Interpretation Questions & Answers for Banking and Insurance Exams like SBI, IBPS, NABARD & RBI Grade B, NIACL, and LIC, you need to brush up your calculation skills; you need to perform calculations faster and accurately than others. The difficult Data interpretations should be solved within 10-12 minutes. The DI of moderate level should not consume more than 7-9 minutes of the time and easy DI's should be finished within 3.5-4 minutes.

In these Data Interpretation Quizzes, you familiarized yourself with the key concepts and improved your problem-solving abilities. At Smartkeeda you will get Easy level data interpretation to High level data interpretation at low cost. Practice and tests are important to optimize your preparation. First take the quizzes regarding your exams and take full mock test at Testzone to improve your problem-solving skills. Questions that have appeared in the previous IBPS PO exams are also a part of these quizzes. Go through them you can understand where the focus lies in an examination environment. The detailed solutions of the questions may provide some alternate strategies that can help you improve your speed and accuracy.
 
At Smartkeeda you can attempt High Level Data Interpretation quizzes and download (DI) PDF for free.