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A market research group conducted a survey of 1000 consumers and reported that 720 consumers liked the product 
A and 450 consumers liked product B. What is the least number that must have liked both products?

A market research group conducted a survey of 10001000 consumers and reported that 720720 consumers liked the product A A and 450450 consumers liked product B. What is the least number that must have liked both products?

Full solution

Q. A market research group conducted a survey of 10001000 consumers and reported that 720720 consumers liked the product A A and 450450 consumers liked product B. What is the least number that must have liked both products?
  1. Formulate Principle: We need to find the minimum overlap between the two groups of consumers who liked products A and B.\newlineThis is a classic application of the principle of inclusion-exclusion.\newlineThe formula for the principle of inclusion-exclusion is:\newlineNumber liking both A and B = (Number liking A) + (Number liking B) - (Total number surveyed)
  2. Plug in Numbers: First, let's plug in the numbers we know into the formula:\newlineNumber liking both A and B = 720720 (liking A) + 450450 (liking B) - 10001000 (total surveyed)
  3. Perform Calculation: Now, let's do the calculation:\newlineNumber liking both A and B = 720+4501000720 + 450 - 1000\newlineNumber liking both A and B = 117010001170 - 1000\newlineNumber liking both A and B = 170170
  4. Determine Minimum Number: The least number that must have liked both products is therefore 170170. This is because if more than 170170 liked both, the total number of consumers would exceed 10001000 when adding those who liked only one product.

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