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Box office receipts for independent movies for the first

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 07 Sep 2016, 21:28
The text tells us that the revenues for independent movies for the first have of this year are already greater than the total revenues for independent movies for all of last year.

A - There is no way to predict box-office receipts for the year.
D - The average revenue per film = total revenues ÷ number of films. Correct
C - We cannot infer that the price of a movie ticket has not increased.

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 17 Sep 2016, 11:57
sayantanc2k wrote:
ShashankDave wrote:
I think the question here is flawed! Please consider the following :-

1. If "receipts" means money, then the answer would consider revenue.
2. If "receipts" means the number of ticket receipts/invoices found, then the answer would consider people.
3. If "receipts" means the total number of invoices, then those receipts will be both of the tickets bought and the food bought, from which you cannot conclude anything!


ravikrishna1979 wrote:
There is a total ambiguity on the word "Receipt" and which I feel is being understood based on situation and geography. Does GMAT produce such questions with confused words?
This questions is a flawed one as I believe otherwise please help how to handle such situation.

Becauase here D/E can be answers based on how one understands about the word "Receipt"


1. Box office means ticket counter where movie tickets are sold. Box offices receive money by selling movie tickets; they do not receive invoices by selling tickets.
2. Box office receipt is not same as movie-viewer receipt (ShashankDave your point no. 2). Movie-viewer receipt could be tickets, though it is a very odd term for the purpose.
3. Food stalls are not box offices (ShashankDave your point no. 3).

The usage of "receipt" is not ambiguous in this context - box office receipt clearly implies the money received by selling tickets.




Last year box office receipt rate was $5 and this year, because of X reason it has dropped and is current placed at $1 per receipt. Still you believe, D holds good... Need an expert advice.

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 17 Sep 2016, 23:58
gandhigauravz wrote:
sayantanc2k wrote:
ShashankDave wrote:
I think the question here is flawed! Please consider the following :-

1. If "receipts" means money, then the answer would consider revenue.
2. If "receipts" means the number of ticket receipts/invoices found, then the answer would consider people.
3. If "receipts" means the total number of invoices, then those receipts will be both of the tickets bought and the food bought, from which you cannot conclude anything!


ravikrishna1979 wrote:
There is a total ambiguity on the word "Receipt" and which I feel is being understood based on situation and geography. Does GMAT produce such questions with confused words?
This questions is a flawed one as I believe otherwise please help how to handle such situation.

Becauase here D/E can be answers based on how one understands about the word "Receipt"


1. Box office means ticket counter where movie tickets are sold. Box offices receive money by selling movie tickets; they do not receive invoices by selling tickets.
2. Box office receipt is not same as movie-viewer receipt (ShashankDave your point no. 2). Movie-viewer receipt could be tickets, though it is a very odd term for the purpose.
3. Food stalls are not box offices (ShashankDave your point no. 3).

The usage of "receipt" is not ambiguous in this context - box office receipt clearly implies the money received by selling tickets.




Last year box office receipt rate was $5 and this year, because of X reason it has dropped and is current placed at $1 per receipt. Still you believe, D holds good... Need an expert advice.


Two things here :
1. We are given that 1st half of the year has 20% greater receipts. Hence, we are concerned only with the 1st half of this year. So, your point for the whole year is invalid.
2. If we are given that this year in the first half, it is greater, we cannot deny the fact and we have to answer accordingly. So, D is the BEST answer as per the premises given.
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Re: Box office receipts for independent movies for the first [#permalink]

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New post 18 Sep 2016, 02:32
gandhigauravz wrote:
sayantanc2k wrote:
ShashankDave wrote:
I think the question here is flawed! Please consider the following :-

1. If "receipts" means money, then the answer would consider revenue.
2. If "receipts" means the number of ticket receipts/invoices found, then the answer would consider people.
3. If "receipts" means the total number of invoices, then those receipts will be both of the tickets bought and the food bought, from which you cannot conclude anything!


ravikrishna1979 wrote:
There is a total ambiguity on the word "Receipt" and which I feel is being understood based on situation and geography. Does GMAT produce such questions with confused words?
This questions is a flawed one as I believe otherwise please help how to handle such situation.

Becauase here D/E can be answers based on how one understands about the word "Receipt"


1. Box office means ticket counter where movie tickets are sold. Box offices receive money by selling movie tickets; they do not receive invoices by selling tickets.
2. Box office receipt is not same as movie-viewer receipt (ShashankDave your point no. 2). Movie-viewer receipt could be tickets, though it is a very odd term for the purpose.
3. Food stalls are not box offices (ShashankDave your point no. 3).

The usage of "receipt" is not ambiguous in this context - box office receipt clearly implies the money received by selling tickets.




Last year box office receipt rate was $5 and this year, because of X reason it has dropped and is current placed at $1 per receipt. Still you believe, D holds good... Need an expert advice.


The rate or the number of tickets sold does not matter at all. Following is the argument structure for this question:

Premise: X is 20% more than Y.
Conclusion: X is greater than Y

(Yes, it is so straight-forward.)

First line of the passage is the premise and option D is the conclusion - "receipt" and "revenues" are synonymous.

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 14 Oct 2016, 05:11
pqhai wrote:
ANALYZE THE STIMULUS:

Fact: Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year.
Fact: Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released.
Fact: The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

Question: If the statements above are true, which of the following must be true? <== This is MUST BE TRUE question, so NO "new" information accepted.

ANALYZE EACH ANSWER:

1. The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year
Wrong. TEMPTING. We just know data of the FIRST half of this year. What if total receipt in the first half is more than 20%, but will decrease significantly in the second half? ==> We can't say total receipts this year will be significantly 20% greater than that of last year. A can't be answer.

2. The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.
Wrong. Absolutely wrong, we don't know how many films were released in the first half of last year.

3. The price of a movie ticket has not increased since last year.
Wrong. Nothing about the price. Out of scope.

4. The average revenues of the independent films released during the first half of this year is greater than that of all independent films released last year.
Correct. Assume prices do not change significantly. In the first half, total receipts is 20% more than that of total last year. But the number of film released is fewer (20 vs. 50) ==> Clearly, average revenue of each film in the first half of this year is greater than that of film released last year.

5. The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.
Wrong. Nothing about number of people. Out of scope.

Hope it helps


Why we should assume that price is constant, we are not bound to assume. Answer D must b wrong therefore. Moreover if you assume that then C is also correct. From my opinion A should be correct. E may b wrong because same person might come multiple times and have multiple receipts. So A is final answer.

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 15 Oct 2016, 09:17
afarrukh786 wrote:
pqhai wrote:
ANALYZE THE STIMULUS:

Fact: Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year.
Fact: Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released.
Fact: The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

Question: If the statements above are true, which of the following must be true? <== This is MUST BE TRUE question, so NO "new" information accepted.

ANALYZE EACH ANSWER:

1. The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year
Wrong. TEMPTING. We just know data of the FIRST half of this year. What if total receipt in the first half is more than 20%, but will decrease significantly in the second half? ==> We can't say total receipts this year will be significantly 20% greater than that of last year. A can't be answer.

2. The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.
Wrong. Absolutely wrong, we don't know how many films were released in the first half of last year.

3. The price of a movie ticket has not increased since last year.
Wrong. Nothing about the price. Out of scope.

4. The average revenues of the independent films released during the first half of this year is greater than that of all independent films released last year.
Correct. Assume prices do not change significantly. In the first half, total receipts is 20% more than that of total last year. But the number of film released is fewer (20 vs. 50) ==> Clearly, average revenue of each film in the first half of this year is greater than that of film released last year.

5. The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.
Wrong. Nothing about number of people. Out of scope.

Hope it helps


Why we should assume that price is constant, we are not bound to assume. Answer D must b wrong therefore. Moreover if you assume that then C is also correct. From my opinion A should be correct. E may b wrong because same person might come multiple times and have multiple receipts. So A is final answer.


Have you read the post?

box-office-receipts-for-independent-movies-for-the-first-156008.html#p1736699

Answer D is one of the most straight forward conclusions you can draw - no assumptions are required whatsoever.

If the total of elements in set X is more than the total of elements in set Y, then the average of the elements in set X is also greater than the average of the elements on set Y ( because it is already given that the no. of elements in set X is less than the number of elements in set Y). Here set X = set of independent movies this year and Y = set of independent movies last year.

Option A is incorrect because nothing has been mentioned about the sales in the rest of the year - there could be no more receipt from independent movies at all.

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 08 Mar 2017, 01:59
"Box Office Receipts" ...What does it mean?
You have to an adept of movies to guess the intended meaning.
Lol...
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Re: Box office receipts for independent movies for the first [#permalink]

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New post 09 Apr 2017, 23:13
What I am not understanding is that when the revenue from the first half of this year is already 20% greater than the total revenue of the last year, then why the total revenue generated this year is not greater than 20% of all of the last year's total revenue. According to me, even if the second half of this year doesn't make any profit, the total revenue of this year is still more than last year revenue. Please throw some light on this. Experts.
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Re: Box office receipts for independent movies for the first [#permalink]

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New post 12 Jun 2017, 18:45
kooks123 wrote:
What I am not understanding is that when the revenue from the first half of this year is already 20% greater than the total revenue of the last year, then why the total revenue generated this year is not greater than 20% of all of the last year's total revenue. According to me, even if the second half of this year doesn't make any profit, the total revenue of this year is still more than last year revenue. Please throw some light on this. Experts.




Experts, can someone answer this? Even I have the same doubt.

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Box office receipts for independent movies [#permalink]

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Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year. Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released. The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

If the statements above are true, which of the following must be true?

A) The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year.
B) The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.
C) The price of a movie ticket has not increased since last year.
D) The average receipts for the independent films released during the first half of this year is greater than that of all independent films released last year.
E) The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.

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Re: Box office receipts for independent movies [#permalink]

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New post 26 Jul 2017, 19:41
sasyaharry wrote:
Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year. Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released. The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

If the statements above are true, which of the following must be true?

A) The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year.
B) The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.
C) The price of a movie ticket has not increased since last year.
D) The average receipts for the independent films released during the first half of this year is greater than that of all independent films released last year.
E) The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.


How can one be sure average receipts of this year will be greater than those of last year?
If, suppose, no. of movies released during the first half of this year is way greater than whole of last year, then avg receipt of this year will be lower than last year.
Could you please explain this?

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Re: Box office receipts for independent movies for the first [#permalink]

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New post 26 Jul 2017, 22:59
Merged topics. Please, search before posting questions!
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Re: Box office receipts for independent movies for the first [#permalink]

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New post 01 Aug 2017, 01:57
4d wrote:
Can anybody explain why A is wrong



Because we dont know whether the next 20 movies lined up for the year will be able to generate a single penny or not.

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Re: Box office receipts for independent movies for the first   [#permalink] 01 Aug 2017, 01:57

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