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A study of 1000 American citizens has found that 70 per cent of them

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A study of 1000 American citizens has found that 70 per cent of them  [#permalink]

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New post 02 Jul 2018, 20:09
3
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A
B
C
D
E

Difficulty:

  85% (hard)

Question Stats:

48% (02:12) correct 52% (01:44) wrong based on 89 sessions

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A study of 1000 American citizens has found that 70 per cent of them would not work for a company with bad reputation even if they were unemployed and that nearly 90 per cent of them would consider leaving their current jobs if they were offered another role with a company that had an excellent corporate reputation. Of those willing to work for a company with a bad reputation, the research found that, on average, it would take doubling an employee's salary for them to make such a jump.

If the statements above are true, which of the following conclusions is most strongly supported by them?

A) At least 10% of the people in the survey would not mind working for a company with a bad reputation but would also consider leaving their current jobs to join another company with excellent corporate reputation.

B) The survey is representative of the worker pool across the United States.

C) At least 25% of the people in the survey would agree to do an unethical act if their salary was substantially increased.

D) For US workers, higher salary takes precedence over the reputation of the company they work for.

E) If a company in the US expects to attract the best talent, it must either have an excellent corporate reputation or be ready to pay high salaries.

Source: Carcass CR Question Bank.

(10%) would not consider leaving their jobs if they were offered another role with a company that had an excellent corporate reputation.
Both these %'ages are out of thcarcass. Please help me out
I am confused between A and E. While I agree that Ans. Choice E is slightly on the Extreme side but I cant comprehend how A can be the Answer as well.

What stimulus says:
70% would not work for a company with bad reputation
This implies 300(30%) citizens would.......................S1

90%(900 citizens) of them would consider leaving their current jobs if they were offered another role with a company that had an excellent corporate reputation.
This implies that 100 citizense given sample pace of 1000 citizens and are independent of each other.

We do not know how many citizens(if any) would leave jobs given any other factor. There might be some x% who would consider leaving job if they were offered another role with a company that doesn't have a better reputation as of now, but looks promising on that front.

Now the Ans. Choice A says that 10% of the people in the survey would not mind working for a company with a bad reputation..: Agreed[This comes from the pool of 300 citizens(S1)]
..but would also consider leaving their current jobs to join another company with excellent corporate reputation..: we don't know how many of the citizens from S1 would do that.

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Re: A study of 1000 American citizens has found that 70 per cent of them  [#permalink]

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New post 03 Jul 2018, 05:49
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A study of 1000 American citizens has found that 70 per cent of them would not work for a company with bad reputation even if they were unemployed and that nearly 90 per cent of them would consider leaving their current jobs if they were offered another role with a company that had an excellent corporate reputation. Of those willing to work for a company with a bad reputation, the research found that, on average, it would take doubling an employee's salary for them to make such a jump.

If the statements above are true, which of the following conclusions is most strongly supported by them?

A) At least 10% of the people in the survey would not mind working for a company with a bad reputation but would also consider leaving their current jobs to join another company with excellent corporate reputation.
there are 70% of 1000 or 700 not willing to work in a company with bad reputation , so other 30% would agree to work. now 90% or 900 of them will shift to new job in a company with good reputation. BASICALLY a statistics question with group A of 300 and group B of 900 people. Since TOTAL is 1000, there has to be a overlap of 900+300-1000=200 person. so atleast 20 % of the people in the survey would not mind working for a company with a bad reputation but would also consider leaving their current jobs to join another company with excellent corporate reputation CORRECT

B) The survey is representative of the worker pool across the United States.
We cannot say anything about the worker pool

C) At least 25% of the people in the survey would agree to do an unethical act if their salary was substantially increased.
the scope has been increased from working in bad reputed company to unethical act

D) For US workers, higher salary takes precedence over the reputation of the company they work for.
Doesn't tell us so

E) If a company in the US expects to attract the best talent, it must either have an excellent corporate reputation or be ready to pay high salaries.
Close BUT extreme by usage of EITHER.. OR..., there could be other reasons too or can have best talent without these too

A
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Re: A study of 1000 American citizens has found that 70 per cent of them &nbs [#permalink] 03 Jul 2018, 05:49
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