Q.
A market research group conducted a survey of 2000 consumers and reported that 1720 consumers like product P1 and 1450 consumers like product P2. What is the least number that must have liked both the products?
Let U be the set of all consumers who were questioned, A be the set of consumers who liked product P1 and B be the set of consumers who liked the product P2.
It is given that n(U)=2000, n(A)=1720, n(B)=1450. n(A∪B)=n(A)+n(B)−n(A∩B) n(A∪B)=1720+1450−n(A∩B)=3170−n(A∩B)
Since, A∪B⊆U ∴n(A∪B)≤n(U) ⇒3170−n(A∩B)≤2000 ⇒3170−2000≤n(A∩B) ⇒n(A∩B)≥1170
Thus, the least value of n(A∩B) is 1170.
Hence, the least number of consumers who liked both the products is 1170.