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10 freshmen analysts are finishing up their first year with

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10 freshmen analysts are finishing up their first year with [#permalink] New post 14 Jan 2009, 17:05
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 100% (02:22) wrong based on 2 sessions
10 freshmen analysts are finishing up their first year with Merrill Barney Brothers. Every Monday morning for the past 52 weeks, each intern was called individually into a meeting of partners and asked whether each of a handpicked group of stocks would go either up or down during the week. All of the analysts made their decisions independently. The partners used the analysts' predictions to assist them in setting the weekly strategy for the thousands of brokers throughout the country. At the end of each week, each analyst's performance was recorded and tracked. After 52 grueling weeks, analyst Stolyar had the best percentage, correctly predicting the rise or fall of his stocks 68% of the time, an outstanding performance in a profession where getting anything more than 55% correct was considered great. At the other end of the scale, analyst Curly consistently got only a dismal 10% or less correct week after week. When bonuses were awarded, as expected, Stolyar was generously rewarded by the partners. However, to Stolyar's dismay, the partners gave Curly by far the highest bonus of all.

Which of the following is the most plausible explanation of what prompted the board to make its decision?

(A) Curly was related to two of the partners and was also the president's son. No one else was related.
(B) Curly worked more hours than anyone, was always that last one to leave the office, and constantly did extra chores for the partners, something the partners clearly appreciated.
(C) Although Curly had a dismay track record, his winning picks rose on average three times as much as those of any other analyst.
(D) Curly was heard to complain that he was overworked and underpaid, and the partners thought that he was about to resign.
(E) Curly always had an impeccably well-research and documented rationale for each of his picks, regardless of the results, which impressed the partners immensely.
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Re: CR: Curley Solution [#permalink] New post 14 Jan 2009, 19:55
so much of text for a such poor question ?

(C)
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Re: CR: Curley Solution [#permalink] New post 14 Jan 2009, 20:49
Bidisha wrote:
so much of text for a such poor question ?

(C)


This is a terrible question and you'll never find something of this quality on the real GMAT.
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Re: CR: Curley Solution [#permalink] New post 15 Jan 2009, 15:45
exactly. I knew the answer before even I looked at the chances. The dismal predictions raked in more money than every one else.
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Re: CR: Curley Solution [#permalink] New post 16 Jan 2009, 13:37
C
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Re: CR: Curley Solution [#permalink] New post 17 Jan 2009, 14:36
OA D.
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Re: CR: Curley Solution [#permalink] New post 12 Jul 2010, 23:03
the oa is even funnier
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Re: CR: Curley Solution [#permalink] New post 13 Jul 2010, 01:50
Choice F - Because Curly slept with the boses.

Guys . What a question and the OA :) :P
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Re: CR: Curley Solution [#permalink] New post 17 Jul 2010, 09:14
KissGMAT wrote:
Choice F - Because Curly slept with the boses.

Guys . What a question and the OA :) :P

:-D :P :lol:
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Re: CR: Curley Solution   [#permalink] 17 Jul 2010, 09:14
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