VeritasPrepKarishma wrote:
shagalo wrote:
In New York there has been an explosion of public interest in, and talent moving toward, internet startups over the last 5 years. The evidence of this explosion is that of the 100 or so internet startups currently active in the "New York Tech Meetup Group," 90 were founded over the course of the last 3 years.
The reasoning above assumes which one of the following?
(A)All of the 100 internet startups are commercially viable options.
(B)There were fewer than 90 internet startups that had been active 5 years ago and that ceased operations during the last 5 years.
(C)There has not been a corresponding increase in the number of startups devoted to other sectors such as fashion, pharmaceutical, and semiconductors.
(D)The percentage of college graduates going into computer related fields has increased over the past 5 years.
(E)The 90 most recently founded companies were all established as a result of creative energy on the part of young new talent.
can any one explain how to relate the correct answer to the passage.
thanks
You have to focus on the conclusion.
Conclusion: Over the last 5 years, there has been an explosion of interest in internet startups.
What does that mean? It means that the interest has increased manifold in the last 5 yrs (focus on the word 'increased')
How does the author support his argument? By saying that out of the current 100 internet startups, 90 were founded in the last 3 yrs i.e. most of them were found in the last 3 yrs.
What is the assumption? The assumption is that 98 internet startups did not shut shop in the last 5 yrs i.e. more than 90 companies did not close down. You need your assumption to be true for the conclusion to be true. If 98 companies had shut down in the past 5 yrs, we can't say that internet startups are becoming more popular.
Think about it: You say, "Popularity of pizza is increasing every day. Every week, one new pizza place opens up in my neighborhood."
What is your assumption? That 2 pizza places do not shut down everyday in your neighborhood. It that were the case, then we cannot say that pizza is becoming more popular.
Hence (B) is your assumption.
There is similar question here:
in-north-america-there-has-been-an-explosion-of-public-132612.html?hilit=opera%20housesthanks for taking the time to answer the question. BUT i still need to understand something.
so , the argument says that if 90 out of 100 started work in last 3 years, then the internet start up is explosion.
Answer B says "fewer than 90 ceased operation in the last 5 years) .. i agree with you that if there 98 were ceased in last 5 yeas then the conclusion will fell apart.
BUT
my confusion is … answer B says (fewer than 90 ) so i translated it to ( there is 89 internet startups ceased in last 5 years) this translation will not make sense with the passage.
the passage says : 90 started working in last 3 years
answer B says : 89 stopped working ……. then there 1 left ,,, this will support the conclusion that there is an " explosion "
can you explain please ?
thanks