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In the past five years, Peak Production s pro ts from

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In the past five years, Peak Production s pro ts from [#permalink] New post 30 Oct 2012, 11:40
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In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.
[Reveal] Spoiler: OA

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Re: In the past …five years, Peak Production’s pro…ts [#permalink] New post 30 Oct 2012, 18:40
kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.

First statement presents an issue, which is discussed later. Further one solution and its possible effect are discussed in passage. second bold staement shows that the author believes in possible effects is likely to solve the issue in hand.
Option B represents this correctly.

Hence Ans B it is.
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Re: In the past …five years, Peak Production’s pro…ts [#permalink] New post 31 Oct 2012, 11:49
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kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.


This problems gives us a great opportunity to discuss one particular approach to these two boldface questions. Keep in mind there are several good approaches here, this is just one that happens to be very quick when it works. Just ask yourself: "Fact or Claim?"

Furthermore, if you find a claim, you should act whether that claim is in fact the conclusion of the argument.

The first bold here is clearly a fact (summarizing what has already happened), whereas the second is a claim (it makes a prediction about the future). In fact, the second statement is actually the conclusion of whole argument.

Now let's run through the choices with this in mind:

(A) is wrong because it says (2) is "evidence" (i.e. a FACT).
(B) is in still, because "presents a problem" would fit with FACT and "the judgement" would fit with CLAIM. Also, "the judgement reached" sounds a lot like "conclusion" to me.
(C) is wrong because a "position" is a CLAIM, not a FACT.
(D) is wrong, because the language here would suggest that the second is not in fact the main conclusion, which it is.
(E) is wrong. Same problem as (D).

So (B) is correct!

There are often other things we need to consider on these problems. And clearly we have *vastly* over-simplified the argument by boiling it down to
  • Statement 1 = "fact" and Statement 2 = "claim, which happens to be the conclusion"
... But, if it gets the job done!!

Cheers,
Mark
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Re: In the past …five years, Peak Production’s pro…ts [#permalink] New post 14 Nov 2012, 00:08
MarkSullivan wrote:
kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.


This problems gives us a great opportunity to discuss one particular approach to these two boldface questions. Keep in mind there are several good approaches here, this is just one that happens to be very quick when it works. Just ask yourself: "Fact or Claim?"

Furthermore, if you find a claim, you should act whether that claim is in fact the conclusion of the argument.

The first bold here is clearly a fact (summarizing what has already happened), whereas the second is a claim (it makes a prediction about the future). In fact, the second statement is actually the conclusion of whole argument.

Now let's run through the choices with this in mind:

(A) is wrong because it says (2) is "evidence" (i.e. a FACT).
(B) is in still, because "presents a problem" would fit with FACT and "the judgement" would fit with CLAIM. Also, "the judgement reached" sounds a lot like "conclusion" to me.
(C) is wrong because a "position" is a CLAIM, not a FACT.
(D) is wrong, because the language here would suggest that the second is not in fact the main conclusion, which it is.
(E) is wrong. Same problem as (D).

So (B) is correct!

There are often other things we need to consider on these problems. And clearly we have *vastly* over-simplified the argument by boiling it down to
  • Statement 1 = "fact" and Statement 2 = "claim, which happens to be the conclusion"
... But, if it gets the job done!!

Cheers,
Mark


Thank you Manhantan experts for the posting.

1, for an approach, do you mean that when we read a sentence the the BF argument, immediately we categorize it as fact or claim? is that right?

2, in the posting, you said there maybe other approaches, pls, show the other approaches for BF question

BF questions cause us problem of time. we can not reduce time. we want to know the process you do for this kind of question.
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Re: In the past five years, Peak Production s pro ts from [#permalink] New post 14 Nov 2012, 00:17
Dear Mark.

Can you write down the process you do for this question? pls do so. we want to follow the process you do for a BF.

Thank you.
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Re: In the past …five years, Peak Production’s pro…ts [#permalink] New post 05 Dec 2012, 19:09
MarkSullivan wrote:
kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.


This problems gives us a great opportunity to discuss one particular approach to these two boldface questions. Keep in mind there are several good approaches here, this is just one that happens to be very quick when it works. Just ask yourself: "Fact or Claim?"

Furthermore, if you find a claim, you should act whether that claim is in fact the conclusion of the argument.

The first bold here is clearly a fact (summarizing what has already happened), whereas the second is a claim (it makes a prediction about the future). In fact, the second statement is actually the conclusion of whole argument.

Now let's run through the choices with this in mind:

(A) is wrong because it says (2) is "evidence" (i.e. a FACT).
(B) is in still, because "presents a problem" would fit with FACT and "the judgement" would fit with CLAIM. Also, "the judgement reached" sounds a lot like "conclusion" to me.
(C) is wrong because a "position" is a CLAIM, not a FACT.
(D) is wrong, because the language here would suggest that the second is not in fact the main conclusion, which it is.
(E) is wrong. Same problem as (D).

So (B) is correct!

There are often other things we need to consider on these problems. And clearly we have *vastly* over-simplified the argument by boiling it down to
  • Statement 1 = "fact" and Statement 2 = "claim, which happens to be the conclusion"
... But, if it gets the job done!!

Cheers,
Mark


thank you Manhantan expert
do you have any other approach to bold phrase question ? pls, tell us the other approach and ideally give an example to ilustrate.
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Re: In the past five years, Peak Production s pro ts from [#permalink] New post 22 Jul 2014, 21:35
Hello from the GMAT Club VerbalBot!

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Re: In the past five years, Peak Production s pro ts from [#permalink] New post 22 Jul 2014, 21:37
MarkSullivan wrote:
kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.


This problems gives us a great opportunity to discuss one particular approach to these two boldface questions. Keep in mind there are several good approaches here, this is just one that happens to be very quick when it works. Just ask yourself: "Fact or Claim?"

Furthermore, if you find a claim, you should act whether that claim is in fact the conclusion of the argument.

The first bold here is clearly a fact (summarizing what has already happened), whereas the second is a claim (it makes a prediction about the future). In fact, the second statement is actually the conclusion of whole argument.

Now let's run through the choices with this in mind:

(A) is wrong because it says (2) is "evidence" (i.e. a FACT).
(B) is in still, because "presents a problem" would fit with FACT and "the judgement" would fit with CLAIM. Also, "the judgement reached" sounds a lot like "conclusion" to me.
(C) is wrong because a "position" is a CLAIM, not a FACT.
(D) is wrong, because the language here would suggest that the second is not in fact the main conclusion, which it is.
(E) is wrong. Same problem as (D).

So (B) is correct!

There are often other things we need to consider on these problems. And clearly we have *vastly* over-simplified the argument by boiling it down to
  • Statement 1 = "fact" and Statement 2 = "claim, which happens to be the conclusion"
... But, if it gets the job done!!

Cheers,
Mark


Thanks Mark!
One doubt... how did we reach to the conclusion that second statement is the conclusion of the argument?
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In the past five years, Peak Production s pro ts from [#permalink] New post 25 Jul 2014, 22:16
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maggie27 wrote:
MarkSullivan wrote:
kingb wrote:
In the past …five years, Peak Production’s pro…ts from recorded music sales has steadily declined. Peak cannot increase the number of recordings it releases, so it cannot increase revenue that way. Therefore, Peak has decided to drastically cut back on the number of recordings it releases. It will save on costs by only releasing recordings by its most popular artists. Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts.

In the argument above, the two portions in boldface play which of the following roles?

(A) The …first and the second are both evidence offered by the argument as support for its main conclusion.
(B) The first presents a problem a response to which the argument assesses; the second is the judgment reached by that assessment.
(C) The …first is the position the argument seeks to establish; the second is a judgment the argument uses to support that position.
(D) The first is a development that the argument seeks to explain; the second is a prediction the argument makes in support of the explanation it offers.
(E) The …first presents a development whose likely outcome is at issue in the argument; the second is a judgment the argument uses in support of its conclusion about that outcome.


This problems gives us a great opportunity to discuss one particular approach to these two boldface questions. Keep in mind there are several good approaches here, this is just one that happens to be very quick when it works. Just ask yourself: "Fact or Claim?"

Furthermore, if you find a claim, you should act whether that claim is in fact the conclusion of the argument.

The first bold here is clearly a fact (summarizing what has already happened), whereas the second is a claim (it makes a prediction about the future). In fact, the second statement is actually the conclusion of whole argument.

Now let's run through the choices with this in mind:

(A) is wrong because it says (2) is "evidence" (i.e. a FACT).
(B) is in still, because "presents a problem" would fit with FACT and "the judgement" would fit with CLAIM. Also, "the judgement reached" sounds a lot like "conclusion" to me.
(C) is wrong because a "position" is a CLAIM, not a FACT.
(D) is wrong, because the language here would suggest that the second is not in fact the main conclusion, which it is.
(E) is wrong. Same problem as (D).

So (B) is correct!

There are often other things we need to consider on these problems. And clearly we have *vastly* over-simplified the argument by boiling it down to
  • Statement 1 = "fact" and Statement 2 = "claim, which happens to be the conclusion"
... But, if it gets the job done!!

Cheers,
Mark


Thanks Mark!
One doubt... how did we reach to the conclusion that second statement is the conclusion of the argument?


Hi Maggie
Thus, because the most popular artists bring in the most revenue on a per-recording basis, Peak’s plan is likely to increase its annual pro…ts


The red part actually says what the author is likely to agree with based on the argument given. Conclusion cannot be a fact and it has to be claim because you can prove a claim but not a fact.

Decide whether each Bold face statement is a FACT OR A CLAIM.
Attachment:
Untitled.png
Untitled.png [ 7.01 KiB | Viewed 649 times ]




Note: In BF agrument, Conclusion is always a claim however if they ask you to draw a conclusion then conclusion should be a fact which can be proven Key words for Claims: Certainly,Clearly, Must be probably, It is likely

You should check out these videos from Ron on July 11 2013 and July 25 2013...also April 15 2010

http://www.manhattangmat.com/thursdays-with-ron.cfm
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Re: In the past five years, Peak Production s pro ts from [#permalink] New post 27 Jul 2014, 01:20
Can this come in GMAT ? Bold face normally highlights one sentence only per fragment. Here 2-2 sentences are highlighted
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Re: In the past five years, Peak Production s pro ts from [#permalink] New post 21 Aug 2014, 17:49
Thanks WoundedTiger! Kudos to u :)
May be you can also add "judgement" as a "claim" to this great list!
Re: In the past five years, Peak Production s pro ts from   [#permalink] 21 Aug 2014, 17:49
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