GMAT Official Guide Data Insights Review 2023-2024, Focus Edition (2023)

Name: GMAT Official Guide Data Insights Review 2023-2024, Focus Edition (2023)
Brand: Academic Documents Platform
Price: 10 USD
Availability: InStock
Author: Ethan Brown

Pass your certification with confidence using GMAT Official Guide Data Insights Review 2023-2024, Focus Edition (2023), a resource packed with exam-style questions.

Ethan Brown

Contributor

4.7

about 1 month ago

Preview (16 of 168)

GMAT™ Official Guide Data Insights Review 2023–2024
Copyright © 2023 by the Graduate Management Admission Council™. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by
any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted
under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written
permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the
Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-
8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed
to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-
6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.
The publisher and the author make no representations or warranties with respect to the accuracy or
completeness of the contents of this work and specifically disclaim all warranties, including without
limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales
or promotional materials. The advice and strategies contained herein may not be suitable for every
situation. This work is sold with the understanding that the publisher is not engaged in rendering legal,
accounting, or other professional services. If professional assistance is required, the services of a competent
professional person should be sought. Neither the publisher nor the author shall be liable for damages
arising here from. The fact that an organization or Web site is referred to in this work as a citation and/or a
potential source of further information does not mean that the author or the publisher endorses the
information the organization or Web site may provide or recommendations it may make. Further, readers
should be aware that Internet Web sites listed in this work may have changed or disappeared between
when this work was written and when it is read.
Trademarks: Wiley, the Wiley Publishing logo, and related trademarks are trademarks or registered
trademarks of John Wiley & Sons, Inc. and/or its affiliates. The GMAT logo, GMAC™, GMASS™, GMAT™,
Graduate Management Admission Council™, and Graduate Management Admission Test™ are trademarks
of GMAC in the United States and other countries. All other trademarks are the property of their respective
owners. Wiley Publishing, Inc. is not associated with any product or vendor mentioned in this book.
For general information on our other products and services or to obtain technical support please contact
our Customer Care Department within the U.S. at (877) 762-2974, outside the U.S. at (317) 572-3993 or fax
(317) 572-4002.
Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not
be available in electronic books. For more information about Wiley products, please visit our Web site at
www.wiley.com.
ISBN 978-1-394-18099-8 (pbk); ISBN 978-1-394-18278-7 (ePub)

Table of Contents
Cover
Title Page
Copyright
Table of Contents
Letter from the President and CEO, GMAC™
GMAT™ Official Guide Data Insights Review 2023–2024
1.0 What Is the GMAT™ Exam?
1.0 What Is the GMAT™ Exam?
1.1 Why Take the GMAT Exam?
1.2 GMAT™ Focus Edition Format
1.3 What Is the Test Experience Like?
1.4 What Is the Test Content Like?
1.5 Data Insights Section
1.6 Quantitative Reasoning Section
1.7 Verbal Reasoning Section
1.8 How Are Scores Calculated?
2.0 How to Prepare
2.0 How to Prepare
2.1 How Should I Prepare for the Test?
2.2 Getting Ready for Exam Day
2.3 How to Use the GMAT™ Official Guide Data Insights Review 2023–2024
2.4 How to Use Other GMAT Official Prep Products
2.5 Tips for Taking the Exam
3.0 Math Review
3.0 Math Review
3.1 Value, Order, and Factors
3.2 Algebra, Equalities, and Inequalities
3.3 Rates, Ratios, and Percents
3.4 Statistics, Sets, Counting, Probability, Estimation, and Series
3.5 Reference Sheets
4.0 Data Insights Review
4.0 Data Insights Review
4.1 Data Sets and Types
4.2 Data Displays
4.3 Data Patterns
5.0 Data Insights
5.0 Data Insights
5.1 What Is Measured

Loading page 6...

Loading page 7...

Dear GMAT™ Test Taker,
Thank you for your interest in graduate management education. Today more than 7,700
graduate programs around the world use the GMAT exam to establish their MBA, business
master’s, and other graduate-level management degree programs as hallmarks of excellence.
Seven out of ten candidates apply to business school with their GMAT exam score.*
By using the GMAT™ Official Guide to prepare for the GMAT Focus Edition, you’re taking a
very important step toward achieving your goals and pursuing admission to the MBA or
business master’s program that is the best fit for you.
The GMAT™ Official Guide Data Insights Review 2023–2024, is designed to help you prepare
for and build confidence to do your best on exam day. It’s the only guide that features real
GMAT questions published by the Graduate Management Admission Council (GMAC™), the
makers of the GMAT exam. This guide and the other print and digital GMAT™ Official Prep
products available at mba.com will give you the confidence to achieve your personal best on the
GMAT exam and launch or reinvigorate a rewarding career.
For 70 years, the GMAT exam has helped candidates like you demonstrate their command of the
skills needed for success in the classroom and showcase to schools their commitment to
pursuing a graduate business degree. Schools use and trust the GMAT exam as part of their
admissions process because it’s a proven predictor of classroom success and your ability to excel
in your chosen program.
The mission of GMAC is to ensure no talent goes undiscovered. We are driven to provide you
with the tools and information you need to guide you through your journey in graduate
management education, continuously improve the GMAT exam, and help you find and connect
with the best-fit schools and programs for you.
We applaud your commitment to educational success and wish you the best on all your future
educational and professional endeavors.
Sincerely,
Joy J. Jones
CEO, Graduate Management Admission Council
*Top 100 Financial Times full-time MBA programs

Loading page 8...

Loading page 9...

1.0 What Is the GMAT™ Exam?
1.0 What Is the GMAT™ Exam?
The Graduate Management Admission Test™ (GMAT™) is used in admissions decisions by
more than 7,700 graduate management programs at about 2,400 business schools worldwide. It
helps both you and these schools gauge how well you can do in graduate-level management
studies. Unlike undergraduate grades and courses, whose meanings vary across regions and
institutions, your GMAT scores are a standardized, statistically valid, and reliable measure of
how well you are likely to do in the core courses of a graduate management program. This guide
is for the GMAT™ Focus Edition.
The exam has three sections, which test your Verbal Reasoning, Quantitative Reasoning, and
Data Insights skills. These skills include critical thinking, data analysis, and problem-solving,
which all call for complex judgments. Management faculty and admissions professionals have
found that incoming graduate students need these skills. And employers worldwide need their
professional staff to have these skills as well.
This chapter gives more details about the GMAT Focus Edition below. You will take the exam on
a computer either online or at a test center, always in English. It is not a test of business
knowledge, subject mastery, English vocabulary, or advanced computing skills. Nor does it
measure other factors helpful in business, such as job experience, leadership ability, motivation,
or social skills. Your GMAT score is meant to be an objective, numeric measure of your ability
and potential for success. Business schools will use it as part of their holistic admissions
processes, which may also consider recommendation letters, essays, interviews, work
experiences, and other signs of social and emotional intelligence as well as leadership.
1.1 Why Take the GMAT Exam?
Taking the exam helps you stand out as an applicant and show you’re ready for and committed
to graduate management education. Schools use GMAT scores in choosing the most qualified
applicants. They know an applicant who has taken the exam is serious about earning a graduate
business degree, and they know the exam scores reliably predict how well applicants can do in
graduate business programs.
No matter how you do on the exam, you should contact schools that interest you to learn more
about them and to ask how they use GMAT scores and other criteria in admissions decisions.
School admissions offices, websites, and publications are key sources of information when you
are researching business schools. Note that schools’ published GMAT scores are averages of the
scores of their admitted students, not minimum scores needed for admission.
To learn more about the exam, test preparation materials, registration, and how to use your
GMAT scores in applying to business schools, please visit mba.com/gmatfocus.

Loading page 10...

Myth -vs- FACT
M – If I don’t get a high GMAT score, I won’t get into my top-choice
schools.
F – There are great schools for students with any GMAT score.
Few people taking the GMAT exam will get a perfect score of 805, yet many will get into top
business-school programs around the world. Admissions officers will use GMAT scores as
one factor in admissions decisions along with undergraduate records, application essays,
interviews, letters of recommendation, and other information. Visit Program Finder on
mba.com to learn which programs and schools are right for you.
1.2 GMAT™ Focus Edition Format
The GMAT™ Focus Edition has three separately timed sections (see the table on the following
page). The Data Insights section includes multiple-choice questions along with other kinds of
graphical and data analysis questions. The Quantitative Reasoning section and the Verbal
Reasoning section have only multiple-choice questions.
All three GMAT sections are computer adaptive. This means the test chooses from a large bank
of questions to adjust itself to your ability level, so you will not get many questions that are too
hard or too easy for you. The first question will be of medium difficulty. As you answer each
question, the computer uses your answer, along with your responses to earlier questions, to
choose the next question with the right difficulty level.
Computer-adaptive tests get harder as you answer more questions right. But getting a question
that seems easier than the last one doesn’t always mean your last answer was wrong. The test
must ask you many types of questions on different subjects, so it will not always give you a
question of the perfect difficulty level.
Myth -vs- FACT
M – Getting an easier question means I answered the last one wrong.
F – Worrying that a question seems too easy isn’t helpful.
Many factors may make the questions easier or harder, so don’t waste time worrying if
some questions seem easy.
To make sure every test taker gets equivalent content, the test gives specific numbers of
questions of each type and about each kind of subject. But sometimes no available question
perfectly meets these constraints. In this case, the test chooses the best available question,
which may be slightly harder or easier than your next question would normally be. Also,
remember you will be stronger in some subjects than in others. Since the test covers the
same kinds of subjects for everyone, some items may be harder or easier for you than for
other test takers.
A new feature in the GMAT is a bookmark you can use to mark any questions you feel unsure
about during the exam. Another new feature lets you review and edit your answers at the end of
each section. You can review and edit answers even to questions you have not bookmarked, but
bookmarking a question helps you find it again quickly. You can bookmark as many questions as
you like. You can review all questions whether or not they are bookmarked, but you can only
change your answers to three questions per section. You must finish all your bookmarking,

Loading page 11...

reviewing, and editing within each section’s time limit. No extra time is given to use these new
features.
Because the computer uses your answers to choose your next question, you cannot skip
questions. But at the end of each section, you can go back, review all questions, and edit your
answers for up to three questions. If you don’t know how to answer a question, try to rule out as
many wrong answer choices as possible. Then pick the answer choice you think is best.
Though each test taker gets different questions, the mix of question types is always the same.
Your score depends on the difficulty and statistical traits of the questions you answer, as well as
on which of your answers are right. By adapting to each test taker, the exam can accurately and
efficiently gauge a full range of skill levels, from very high to very low.
The practice questions in this book and the online question bank accessed via mba.com/my-
account are formatted and presented differently than questions on the actual exam. The
practice questions are organized by question type and from easiest to hardest. But on the test,
you may see different types of questions in any order within each section.
Here are six things to know about GMAT questions:
1. The computer screen shows only one question or question prompt at a time, except for
some types of Data Insights questions.
2. Radio buttons, rather than letters, mark the answer choices for multiple-choice questions.
3. The Data Insights section gives questions of different types in random order.
4. You must choose an answer and confirm your choice before moving on to the next question.
5. You can bookmark questions to remind yourself to review them at the end of the section.
6. Once you answer all of a section’s questions, you may revisit any questions, whether
bookmarked or not, and edit up to three answers in the section.
Format of the GMAT™ Focus Edition
Questions Timing
Data Insights
Data Sufficiency
Multi-Source Reasoning
Table Analysis
Graphics Interpretation
Two-Part Analysis
20 45 min.
Quantitative Reasoning 21 45 min.
Verbal Reasoning
Reading Comprehension
Critical Reasoning
23 45 min.

Loading page 12...

On exam day, right before you start the exam, you can choose any order in which you will take
the three sections. For example, you can choose to start with Verbal Reasoning, then do
Quantitative Reasoning, and end with Data Insights. Or, you can choose to do Data Insights
first, followed by Verbal Reasoning and then Quantitative Reasoning. Between sections, you can
take one optional ten-minute break after either the first section or the second section.
1.3 What Is the Test Experience Like?
You can take the exam either online or at a test center—whichever you prefer. You may feel more
comfortable at home with the online delivery format. Or you may prefer the uninterrupted,
secure environment of a test center. It is your choice. Both options have the same content,
structure, optional ten-minute break, scores, and score scales.
At the Test Center: Over 700 test centers worldwide administer the GMAT exam under
standardized conditions. Each test center has proctored testing rooms with individual computer
workstations that let you take the exam in a peaceful, quiet setting, with some privacy. You must
not take notes or scratch paper into the testing room, but you will get an erasable notepad and
marker to use during the test. To learn more about exam day, visit mba.com/gmatfocus.
Online: The GMAT exam delivered online is proctored remotely, so you can take it in the
comfort of your home or office. You will need a quiet workspace with a desktop or laptop
computer that meets minimum system requirements, a webcam, and a reliable internet
connection. For more information about exam day, visit mba.com/gmatfocus.
To learn more about available accommodations for the exam, visit
mba.com/accommodations.
1.4 What Is the Test Content Like?
The GMAT exam measures several types of analytical reasoning. The Data Insights section asks
you to use diverse reasoning skills to solve realistic problems involving data. It also asks you to
interpret and combine data from different sources and in different formats to reach conclusions.
The Quantitative Reasoning section gives you basic arithmetic and algebra problems. Some are
abstract, while others are realistic word problems.
The test questions are about various subjects, but the exam tells you everything you need to
know to answer the questions. You do not need detailed outside knowledge of the subjects. The
exam does not test business knowledge, vocabulary, or advanced computer skills. You will need
basic math and English skills to do well on the test, but it mainly measures analytical and critical
thinking skills.

Loading page 13...

Myth -vs- FACT
M – My GMAT score does not predict my success in business school.
F – False. The GMAT exam measures your critical thinking skills, which
you will need in business school and your career.
Hundreds of studies across hundreds of schools have proven the GMAT’s validity. Together,
these studies have shown that performance on the GMAT predicts success in business
school even better than undergraduate grades do.
The exam measures how well you reason, solve problems, and analyze data. Some
employers may even use the exam to judge your skills in these areas. Even if your program
does not require GMAT scores, you can stand out from the crowd by doing well on the exam
to show you have the skills to succeed in business school.
1.5 Data Insights Section
The GMAT Data Insights section highlights skills that today’s business managers need to analyze
intricate data and solve complex problems. It tests how well you can assess multiple sources and
types of information—graphic, numeric, and verbal—as they relate to one another. It also tests
how well you can analyze a practical math problem to tell if enough data is given to solve it. This
section asks you to use math, data analysis, and verbal reasoning to analyze complex problems
and solve related problems together.
The Data Insights section has five types of questions:
Multi-Source Reasoning
Table Analysis
Graphics Interpretation
Two-Part Analysis
Data Sufficiency
Data Insights questions may require math, data analysis, verbal reasoning, or all three. You will
have to interpret graphs and sort data tables to answer some questions, but you won’t need
advanced statistics or spreadsheet skills. For both online and test center exam delivery, you will
have access to an on-screen calculator with basic functions for the Data Insights section, but not
for the Quantitative Reasoning section.
In this book, Chapter 4, “Data Insights Review,” reviews the basic data analysis skills you need to
answer Data Insights questions. Chapter 5, “Data Insights,” explains the Data Insights question
types and gives test-taking tips.
For practice questions of each type, with full answer explanations, access the Online Question
Bank by going to mba.com/my-account and using your unique access code on the inside
front cover of this book.
1.6 Quantitative Reasoning Section
The GMAT Quantitative Reasoning section measures how well you solve math problems and
interpret graphs. All questions in this section require solving problems using basic arithmetic,
algebra, or both. Some are practical word problems, while others are pure math.

Loading page 14...

1.7 Verbal Reasoning Section
The GMAT Verbal Reasoning section measures how well you reason, understand what you read,
and evaluate arguments. The Verbal Reasoning section includes passages about many topics.
Neither the passages nor the questions assume you already know much about the topics
discussed. Mingled throughout the section are multiple-choice questions of two main types:
Reading Comprehension and Critical Reasoning.
1.8 How Are Scores Calculated?
The Verbal Reasoning, Quantitative Reasoning, and Data Insights sections are each scored on a
scale from 60 to 90, in 1-point increments. You will get four scores: a Data Insights section
score, a Verbal Reasoning section score, a Quantitative Reasoning section score, and a Total
GMAT Score based on your three section scores. The Total GMAT Score ranges from 205 to 805.
Your scores depend on:
Which questions you answered right
How many questions you answered
Each question’s difficulty and other statistical characteristics
An algorithm finds your scores based on the factors above. After you answer easier questions
correctly, you will get harder questions to answer, letting you earn a higher score. The computer
calculates your scores after you finish the exam or when your time runs out.
The following table shows the different types of scores, the scales, and the increments.
Type of Score Scale Increments
Total Score 205–805 10
Quantitative Reasoning 60–90 1
Verbal Reasoning 60–90 1
Data Insights 60–90 1
Your GMAT scores are valid for five years from your exam date. Your Total GMAT Score
includes a predicted percentile ranking, which shows the percentage of tests taken with scores
lower than your score. Visit mba.com to view the most recent predicted percentile rankings
tables.
To register for the GMAT™ exam, go to www.mba.com/register

Loading page 15...

2.0 How to Prepare
2.0 How to Prepare
2.1 How Should I Prepare for the Test?
The GMAT™ Focus Edition has several unique question formats. You should at least know about
the test format and these question formats before you take the test. Because the exam is timed,
you should also try answering the practice questions in this book. By practicing, you’ll learn to
pace yourself so that you can finish each section during the exam. You’ll also learn about the
question formats and the skills you need.
Because the exam assesses reasoning rather than knowledge, memorizing facts probably won’t
help you. You don’t need to study advanced math, but you should know some basic arithmetic
and algebra. Likewise, you don’t need to study advanced vocabulary words, but you should know
English well enough to understand writing at an undergraduate level.
Myth -vs- FACT
M – You need advanced math skills to get a high GMAT score.
F – The exam measures your reasoning ability rather than your advanced
math skills.
The exam only requires basic math. You should review the math skills in chapter 3 of this
guide and in the GMAT™ Official Guide Quantitative Review 2023–2024. GMAT
Quantitative Reasoning questions are challenging mainly because of the reasoning skills
needed to solve the problems, not the underlying math skills.
2.2 Getting Ready for Exam Day
Whether you take the test online or in a test center, knowing what to expect will help you feel
confident and succeed.
Test Center
While checking into a test center, be ready to:
Show proper identification.
Give your palm vein scan (where permitted by law).
Give your digital signature to show that you understand and agree to the Test-Taker Rules
and Agreement.
Have a digital photograph taken.
For more information visit mba.com/gmatfocus.
Online
At least a day before you take your exam online:
Check your computer—make sure your computer meets the minimum system requirements
to run the exam.

Loading page 16...

15 more pages available. Scroll down to load them.

Preview Mode

100%

Study Now!

XY-Copilot AI

Unlimited Access

Secure Payment

Instant Access

24/7 Support

Document Chat

Document Details

Subject

Graduate Management Admission Test

GMAT Official Guide Data Insights Review 2023-2024, Focus Edition (2023)

Study Now!

Document Details

Related Documents

All the GMAT, 7th Edition (2019)

GMAT Foundations of Verbal: Practice Problems in Book (2020)

GMAT Prep Plus 2021: 6 Practice Tests + Proven Strategies (2020)

GMAT Foundations of Math (2020)

GMAT Prep 2024/2025 For Dummies with Online Practice (2023)

GMAT Prep 2023 For Dummies With Online Practice (2022)

GMAT For Dummies 2020: Book + 7 Practice Tests (2020)

GMAT For Dummies 2021 (2021)

Princeton Review GMAT Premium Prep, 2021: 6 Computer-Adaptive Practice Tests + Review and Techniques (2020)

Princeton Review GMAT Focus Premium Prep : 3 Full-Length CAT Practice Exams + 2 Diagnostic Tests + Complete Content Review (2024)

Company

Explore

Study Tools