Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 02 May 2016, 00:03

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The restaurant business wastes more energy than any other

Author Message
TAGS:

Hide Tags

Director
Joined: 28 Jul 2011
Posts: 563
Location: United States
GPA: 3.86
WE: Accounting (Commercial Banking)
Followers: 2

Kudos [?]: 147 [0], given: 16

Show Tags

24 Dec 2011, 07:33
Its E
_________________

Manager
Joined: 08 Jun 2011
Posts: 79
Schools: NUS
Followers: 0

Kudos [?]: 6 [0], given: 32

Show Tags

24 Dec 2011, 20:08
good catch....went for D,but convinced for E now
Manager
Joined: 04 Dec 2011
Posts: 81
Schools: Smith '16 (I)
Followers: 0

Kudos [?]: 17 [0], given: 13

Show Tags

25 Dec 2011, 09:45
though E and D are close, but i think in the end it ill be E..as you cannot tell what constitutes rest of 20% so +1 for E
_________________

Life is very similar to a boxing ring.
Defeat is not final when you fall down…
It is final when you refuse to get up and fight back!

1 Kudos = 1 thanks
Nikhil

Manager
Joined: 07 Aug 2011
Posts: 186
Location: United States
GMAT 1: 690 Q48 V37
Followers: 3

Kudos [?]: 21 [0], given: 6

Show Tags

26 Dec 2011, 02:52
E

If you do POE
Then (A,B,C) goes off D also but had it said 2 billion on ‘electricity wastage’ then it would be right,
E is perfect as it state the obvious choice to save electricity wastage , concluding the statement.
Senior Manager
Joined: 13 Aug 2010
Posts: 314
Followers: 1

Kudos [?]: 15 [0], given: 1

Show Tags

26 Dec 2011, 04:25
+1 for E
Director
Status:
Joined: 24 Jul 2011
Posts: 813
GMAT 1: 780 Q51 V48
GRE 1: 1540 Q800 V740
Followers: 103

Kudos [?]: 431 [0], given: 15

Show Tags

17 May 2012, 22:06
E it is - if 80% of the energy spend of the restaurant industry is being squandered by inefficient equipment, it is clear that the replacement of inefficient equipment represents the largest potential resource of energy savings for the restaurant industry
_________________

GyanOne | Top MBA Rankings and MBA Admissions Blog

Premium MBA Essay Review|Best MBA Interview Preparation|Exclusive GMAT coaching

Get a FREE Detailed MBA Profile Evaluation | Call us now +91 98998 31738

Intern
Joined: 12 Jul 2012
Posts: 4
Location: India
Concentration: Operations, Strategy
Schools: ISB '14 (I)
GMAT 1: 730 Q50 V40
GPA: 2.6
WE: Operations (Manufacturing)
Followers: 0

Kudos [?]: 8 [0], given: 0

Show Tags

28 Aug 2012, 10:30
"E" can be wrong.
It says that "The replacement of inefficient equipment represents the largest potential source of energy savings for the restaurant industry."

The arguement says that Nearly 80 percent of the $10 billion spent on energy by the restaurant industry each year is squandered by the use of inefficient equipment. Suppose this 80 % can be reduced to zero also by doing modifications in the inefficient equipments. In that case both Replacement and Modification represents the equally large potential source of energy savings for the restaurant industry. Replacement will not be the largest source then. Manager Status: exam is close ... dont know if i ll hit that number Joined: 06 Jun 2011 Posts: 206 Location: India Concentration: International Business, Marketing GMAT Date: 10-09-2012 GPA: 3.2 Followers: 2 Kudos [?]: 21 [0], given: 1 Re: The restaurant business wastes more energy than any other [#permalink] Show Tags 29 Aug 2012, 21:14 though i picked e other options look like giving a good competition to the answer choice can anyone explain individual answer choice with explanation _________________ just one more month for exam... Manager Joined: 30 Sep 2009 Posts: 124 Followers: 0 Kudos [?]: 18 [0], given: 183 Re: The restaurant business wastes more energy than any other [#permalink] Show Tags 30 Aug 2012, 05:20 A- The availability of energy-efficient equipment will reduce the energy costs of the restaurant industry by approximately 30 percent. We cannot conclude that we will save 30% it can be more than 30% also B- No industry in the United States spends greater than$10 billion each year on energy. --. the arguments talking abt restaurant industy and not abt all industry so this cannot be the conclusion.

C- By using energy-efficient technology, a small restaurant will reduce its expenses by a greater percentage than will a large restaurant. --> the argument is discussing energy wastage and not abt expenses.. So incorrect...

D- Approximately $2 billion of the amount spent on energy each year by the restaurant industry is not squandered. --> the argument states 80% is wasted by use of inefficient equipment and 20% can we wasted in other ways... so we cannot conclude that$2 billion is used efficiently...

E- The replacement of inefficient equipment represents the largest potential source of energy savings for the restaurant industry. --> from the argument we know 8 billion money spent is squandered by inefficient use of equipments. So by replcaing the equipments we can save enery.. therfore correct.
Intern
Joined: 08 Oct 2010
Posts: 1
Location: Uzbekistan
Concentration: Finance, Accounting
GMAT 1: 600 Q49 V23
GPA: 3.8
Followers: 0

Kudos [?]: 5 [0], given: 1

Show Tags

25 Sep 2012, 09:18
I think the answer is C. The answer E uses extreme language. D is not mentioned in the question stem.
VP
Status: Been a long time guys...
Joined: 03 Feb 2011
Posts: 1420
Location: United States (NY)
Concentration: Finance, Marketing
GPA: 3.75
Followers: 164

Kudos [?]: 1046 [0], given: 62

Show Tags

29 Oct 2012, 03:11
Expert's post
its a good point raised by Jiten. But one should remember that he/she has to draw the most reliable conclusion of the above. All others apart from E are incorrect.
_________________
Intern
Joined: 15 May 2012
Posts: 41
Followers: 0

Kudos [?]: 5 [0], given: 94

Show Tags

17 Dec 2012, 16:59
I like E for the conclusion question. But, what would be the answer if it had been an inference question? I still don't get how inference is different from conclusion. My understanding is that a conclusion would summarize what is being said in the stimulus and E does the job for a conclusion question. But, regarding inference, does one need to analyse the arguement? Help will be appreciated.
Senior Manager
Joined: 17 Dec 2012
Posts: 427
Location: India
Followers: 22

Kudos [?]: 336 [0], given: 12

Show Tags

17 Dec 2012, 19:28
sharmila79 wrote:
I like E for the conclusion question. But, what would be the answer if it had been an inference question? I still don't get how inference is different from conclusion. My understanding is that a conclusion would summarize what is being said in the stimulus and E does the job for a conclusion question. But, regarding inference, does one need to analyse the arguement? Help will be appreciated.

Dear Sharmila79,

Inference is anything that would logically follow given the argument and it is something that is not explicitly stated in the argument. A conclusion, on the other hand is something that logically follows from the premises. A conclusion is the whole point which the author of the argument wants to make.
_________________

Srinivasan Vaidyaraman
Sravna
http://www.sravnatestprep.com

Classroom Courses in Chennai

Senior Manager
Joined: 17 Dec 2012
Posts: 427
Location: India
Followers: 22

Kudos [?]: 336 [0], given: 12

Show Tags

17 Dec 2012, 20:11
pmenon wrote:
The restaurant business wastes more energy than any other industry in the United States. Nearly 80 percent of the $10 billion spent on energy by the restaurant industry each year is squandered by the use of inefficient equipment. At the same time, approximately 70 percent of restaurants in the United States are small businesses that are usually too cash poor to invest in energy-efficient technology. Which of the following statements draws the most reliable conclusion from the information above (A) The availability of energy-efficient equipment will reduce the energy costs of the restaurant industry by approximately 30 percent. (B) No industry in the United States spends greater than$10 billion each year on energy.
(C) By using energy-efficient technology, a small restaurant will reduce its expenses by a greater percentage than will a large restaurant.
(D) Approximately $2 billion of the amount spent on energy each year by the restaurant industry is not squandered. (E) The replacement of inefficient equipment represents the largest potential source of energy savings for the restaurant industry. Premise of the argument: "Nearly 80 percent of the$10 billion spent on energy by the restaurant industry each year is squandered by the use of inefficient equipment"

Conclusion of the argument is something which is drawn from the premises. Only Choice E can be concluded from the premise because any squandering of money that is more than 50% definitely represents the largest potential source of savings.

Choice D is wrong because , 80% of money that is squandered is based only on one factor i.e., use of inefficient equipment. There may be other factors which may also be squandering of money.
_________________

Srinivasan Vaidyaraman
Sravna
http://www.sravnatestprep.com

Classroom Courses in Chennai

Manager
Status: Time to apply!
Joined: 24 Aug 2011
Posts: 220
Location: India
Concentration: Finance, Entrepreneurship
GMAT 1: 600 Q48 V25
GMAT 2: 660 Q50 V29
GMAT 3: 690 Q49 V34
GPA: 3.2
WE: Engineering (Computer Software)
Followers: 4

Kudos [?]: 68 [0], given: 166

Show Tags

17 Dec 2012, 20:57
For (E) I doubt the phrase "largest potential source" . To me , "largest" is extreme .We have no idea whether there can be some other potential source, say a new innovation , which can do a better energy savings .

The source of this question is doubtful .
_________________

Didn't give up !!! Still Trying!!

Senior Manager
Joined: 17 Dec 2012
Posts: 427
Location: India
Followers: 22

Kudos [?]: 336 [0], given: 12

Show Tags

17 Dec 2012, 21:01
Practicegmat wrote:
For (E) I doubt the phrase "largest potential source" . To me , "largest" is extreme .We have no idea whether there can be some other potential source, say a new innovation , which can do a better energy savings .

The source of this question is doubtful .

The question is which one is the most reliable conclusion. So the answer should based on what is given. Other choices are definitely not reliable. Choice E only is reliable based on the facts stated.
_________________

Srinivasan Vaidyaraman
Sravna
http://www.sravnatestprep.com

Classroom Courses in Chennai

Manager
Status: Pushing Hard
Affiliations: GNGO2, SSCRB
Joined: 30 Sep 2012
Posts: 89
Location: India
Concentration: Finance, Entrepreneurship
GPA: 3.33
WE: Analyst (Health Care)
Followers: 1

Kudos [?]: 73 [0], given: 11

Show Tags

29 Apr 2013, 12:35
The restaurant business wastes more energy than any other industry in the United States. Nearly 80 percent of the
$10 billion spent on energy by the restaurant industry each year is squandered by the use of inefficient equipment. At the same time, approximately 70 percent of restaurants in the United States are small businesses that are usually too cash poor to invest in energy-efficient technology. Which of the following statements draws the most reliable conclusion from the information above? 1. The availability of energy-efficient equipment will reduce the energy costs of the restaurant industry by approximately 30 percent. 2. No industry in the United States spends greater than$10 billion each year on energy.

3. By using energy-efficient technology, a small restaurant will reduce its expenses by a greater percentage than will
a large restaurant.

4. Approximately $2 billion of the amount spent on energy each year by the restaurant industry is not squandered. 5. The replacement of inefficient equipment represents the largest potential source of energy savings for the restaurant industry. _________________ If you don’t make mistakes, you’re not working hard. And Now that’s a Huge mistake. Senior Manager Joined: 16 Dec 2011 Posts: 452 Followers: 11 Kudos [?]: 177 [0], given: 70 Re: The restaurant business wastes more energy than any other [#permalink] Show Tags 30 Apr 2013, 07:07 All duplicate threads on this topic have been merged. Please check and follow the Guidelines for Posting in Verbal GMAT forum before posting anything in the forum. Intern Joined: 08 Oct 2012 Posts: 1 Followers: 0 Kudos [?]: 0 [0], given: 23 Re: The restaurant business wastes more energy than any other [#permalink] Show Tags 30 Apr 2013, 07:39 I think D because " replacement" is out of the context. Veritas Prep GMAT Instructor Joined: 11 Dec 2012 Posts: 313 Followers: 100 Kudos [?]: 244 [0], given: 66 Re: The restaurant business wastes more energy than any other [#permalink] Show Tags 30 Apr 2013, 08:01 Expert's post Remember in these situations you have to be able to infer something that "must be true". This one is tricky as E is correct but D is very tempting as well, but let's look for scenarios that could still be true given the (relevant) information: The restaurant business wastes more energy than any other industry in the United States. Nearly 80 percent of the$10 billion spent on energy by the restaurant industry each year is squandered by the use of inefficient equipment
...
D. Approximately $2 billion of the amount spent on energy each year by the restaurant industry is not squandered. E. The replacement of inefficient equipment represents the largest potential source of energy savings for the restaurant industry. For D, could you imagine a scenario in which 80% of the$10B is squandered by the use of inefficient equipment and say 5% is squandered on something else, say paying environmental fees or licensing for your equipment? Sure, why not? This money could still be squandered even if it wasn't spent on inefficient equipment. Tempting, but this answer choice doesn't HAVE to be true.

For E, since we know the restaurant industry spends $10B on energy every year, if we could save 5,000,000,001$ we know this would be the greatest amount it could possibly save, i.e. 50%+1. If a sector is over 50%, it must necessarily represent the largest possible savings. Thus E must be true.

On questions like this you will often be torn between two choices. Carefully considering all options will usually lead you to discovering the difference between the two choices and at least one case in which the incorrect answer could be falst.

Hope this helps!
-Ron
_________________
Re: The restaurant business wastes more energy than any other   [#permalink] 30 Apr 2013, 08:01

Go to page   Previous    1   2   3   4    Next  [ 67 posts ]

Similar topics Replies Last post
Similar
Topics:
9 More airplane accidents are caused by pilot error than any o 12 30 Mar 2014, 20:52
The restaurant business wastes more energy than any other 0 30 Apr 2013, 00:05
The restaurant business wastes more energy than any other 0 29 Oct 2012, 03:11
13 The percentage of local businesses with more than ten 14 05 Mar 2012, 19:06
1 A recession is not caused by any economic force other than a 10 19 Feb 2009, 18:28
Display posts from previous: Sort by