GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 21 May 2019, 03:51

Close

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
Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Business Analyst: National Motors began selling the Luxora—its new mo

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

 
Manager
Manager
avatar
Joined: 11 Jan 2007
Posts: 186
Location: Bangkok
Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post Updated on: 23 Jan 2019, 03:08
2
00:00
A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

88% (01:17) correct 12% (01:49) wrong based on 380 sessions

HideShow timer Statistics

Business Analyst: National Motors began selling the Luxora—its new model of sedan—in June. Last week, National released sales figures for the summer months of June, July, and August that showed that by the end of August only 80,000 Luxoras had been sold. Therefore, National will probably not meet its target of selling 500,000 Luxoras in the model’s first twelve months.

Which of the following would be most useful to establish in order to evaluate the analyst’s prediction?


A. Whether new-car sales are typically lower in the summer months than at any other time of the year

B. Whether National Motors currently produces more cars than any other automaker

C. Whether the Luxora is significantly more expensive than other models produced by National Motors

D. Whether National Motors has introduced a new model in June in any previous year

E. Whether National Motors will suffer serious financial losses if it fails to meet its sales goal for the Luxora

_________________
cool

Originally posted by jet1445 on 04 Jun 2007, 09:16.
Last edited by Bunuel on 23 Jan 2019, 03:08, edited 1 time in total.
Edited the question.
Manager
Manager
avatar
Joined: 11 Jun 2006
Posts: 244
Re: Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post 04 Jun 2007, 11:27
A. because what if those sales are really high for that time of year, what if sales in September usually spike? Seeing how many cars are typically sold during a certain time of year is the best way to forcast future sales.
Manager
Manager
avatar
B
Joined: 03 Dec 2014
Posts: 100
Location: India
Concentration: General Management, Leadership
GMAT 1: 620 Q48 V27
GPA: 1.9
WE: Engineering (Energy and Utilities)
Re: Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post 13 Mar 2016, 10:46
baer wrote:
A. because what if those sales are really high for that time of year, what if sales in September usually spike? Seeing how many cars are typically sold during a certain time of year is the best way to forcast future sales.



why c can't be the answer. If answer to this o'ption is yes: sale shall be low . of vice versa. Please explain.
Manager
Manager
User avatar
B
Joined: 26 Feb 2015
Posts: 68
GPA: 3.92
Re: Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post 22 Dec 2016, 14:18
A. Probably could have gotten it right without even reading the rest of the questions, but doing that has backfired on me boefre.
Manager
Manager
avatar
B
Joined: 29 Oct 2015
Posts: 134
Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post 20 Apr 2019, 15:32
jet1445 wrote:
Business Analyst: National Motors began selling the Luxora—its new model of sedan—in June. Last week, National released sales figures for the summer months of June, July, and August that showed that by the end of August only 80,000 Luxoras had been sold. Therefore, National will probably not meet its target of selling 500,000 Luxoras in the model’s first twelve months.

Which of the following would be most useful to establish in order to evaluate the analyst’s prediction?


A. Whether new-car sales are typically lower in the summer months than at any other time of the year

B. Whether National Motors currently produces more cars than any other automaker

C. Whether the Luxora is significantly more expensive than other models produced by National Motors

D. Whether National Motors has introduced a new model in June in any previous year

E. Whether National Motors will suffer serious financial losses if it fails to meet its sales goal for the Luxora


Use variance test ....

Conclusion :- National will probably not meet its target of selling 500,000 Luxoras in the model’s first twelve months.


Yes...new-car sales are typically lower in the summer months than at any other time of the year

Then the conclusion gets HURT. National will probably meet its target.

No ...new-car sales are NOT typically lower in the summer months than at any other time of the year

Then the conclusion gets HELPED. National will probably not meet its target.


With YES and NO , both HELP and HURT are happening.
Option A is the best and correct.

VeritasKarishma
Manager
Manager
avatar
B
Joined: 29 Mar 2015
Posts: 83
Location: India
GMAT 1: 640 Q49 V28
GPA: 3.1
GMAT ToolKit User Reviews Badge
Re: Business Analyst: National Motors began selling the Luxora—its new mo  [#permalink]

Show Tags

New post 20 Apr 2019, 16:14
jet1445 wrote:
Business Analyst: National Motors began selling the Luxora—its new model of sedan—in June. Last week, National released sales figures for the summer months of June, July, and August that showed that by the end of August only 80,000 Luxoras had been sold. Therefore, National will probably not meet its target of selling 500,000 Luxoras in the model’s first twelve months.

Which of the following would be most useful to establish in order to evaluate the analyst’s prediction?


A. Whether new-car sales are typically lower in the summer months than at any other time of the year

B. Whether National Motors currently produces more cars than any other automaker

C. Whether the Luxora is significantly more expensive than other models produced by National Motors

D. Whether National Motors has introduced a new model in June in any previous year

E. Whether National Motors will suffer serious financial losses if it fails to meet its sales goal for the Luxora


one silly question

how can we be sure that "June-August" are summer months?

because i guess there are parts of world where these months are coldest of all or temperature is lower than other months.
GMAT Club Bot
Re: Business Analyst: National Motors began selling the Luxora—its new mo   [#permalink] 20 Apr 2019, 16:14
Display posts from previous: Sort by

Business Analyst: National Motors began selling the Luxora—its new mo

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.