Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 1912:30 PM EST
-01:30 PM EST
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more
Nov 1811:00 AM PST
-12:00 PM PST
Join us in a live GMAT practice session and solve 30 challenging GMAT questions with other test takers in timed conditions, covering GMAT Quant, Data Sufficiency, Data Insights, Reading Comprehension, and Critical Reasoning questions.
Nov 2001:30 PM EST
-02:30 PM IST
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2407:00 PM PST
-08:00 PM PST
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
07 Oct 2023, 08:12
Kudos
Bookmarks
E-mail from Economics Department Chair to Graduate Coordinator January 23, 10:02 A.M.
Last month I visited with our econometrics instructor to discuss the possibility of offering a new course on spatial econometrics. Two weeks ago, we decided to open the course to both graduate and undergraduate students. The dean of the college said that he will not open the course unless at least 15 students sign up by February 1. Do we need to offer extra points or other incentives for students to sign up?
Last month I visited with our econometrics instructor to discuss the possibility of offering a new course on spatial econometrics. Two weeks ago, we decided to open the course to both graduate and undergraduate students. The dean of the college said that he will not open the course unless at least 15 students sign up by February 1. Do we need to offer extra points or other incentives for students to sign up?
The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course.: Yes
The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for the course.: No
The graduate coordinator believes that the economics department will be able to open the course.: Yes
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
71% (02:23) correct
29%
(02:28)
wrong
based on 964
sessions
History
Date
Time
Result
Not Attempted Yet
1. Consider each of the following statements. Does the information in the three sources support the inference as stated?
| Yes | No | |
| The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course. | ||
| The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for the course. | ||
| The graduate coordinator believes that the economics department will be able to open the course. |
ShowHide Answer
Official Answer
The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course.: Yes
The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for the course.: No
The graduate coordinator believes that the economics department will be able to open the course.: Yes
Data Insights (DI) Quiz-II 2023 [Question #4, Date: Oct-07-2023] [Click here for Details]
Show SpoilerAdditional Statement
The dean of the college will not open the course in spatial econometrics if more than 25 students sign up.
07 Oct 2023, 10:23
Kudos
Bookmarks
1. More than 14 is same as at least 15 so we need those many signups
2. The budget is not applicable if <10 students join since the course will not start
3. True, graduate coordinator is optimist as ne week is left and 3 sign ups are pending
2. The budget is not applicable if <10 students join since the course will not start
3. True, graduate coordinator is optimist as ne week is left and 3 sign ups are pending
08 Oct 2023, 01:23
Kudos
Bookmarks
Part 1: The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course.
From Email #1: "The dean of the college said that he will not open the course unless at least 15 students sign up by February 1."
i.e. the minimum number of students needed to open the course is 15.
The question statement says "The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course."
As, number of students will be a non negative integer, more than 14 students sign up = 15 students.
This is explicitly mentioned in Email #1.
Hence, the answer is Yes.
Part 2: The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for the course.
From Email #3: "The budget for software is somewhat flexible. However, it is not to exceed $1,000 under any circumstances."
As stated in Email #3 there is no minimum threshold of student sign ups to spend more than $800.
Hence, the answer is No.
Part 3: The graduate coordinator believes that the economics department will be able to open the course.
From Email #1: "The dean of the college said that he will not open the course unless at least 15 students sign up by February 1."
From Email #2: "In fact, there is a good chance that we will have more than 15 students in the course by the deadline."
Combining the above two statements we can definitely say that the graduate coordinator believes that the economics department will be able to open the course.
Hence, the answer is Yes.
From Email #1: "The dean of the college said that he will not open the course unless at least 15 students sign up by February 1."
i.e. the minimum number of students needed to open the course is 15.
The question statement says "The economics department will offer a course in spatial econometrics if more than 14 students sign up for the course."
As, number of students will be a non negative integer, more than 14 students sign up = 15 students.
This is explicitly mentioned in Email #1.
Hence, the answer is Yes.
Part 2: The economics department cannot spend more than $800 on Eviews software unless more than 10 students sign up for the course.
From Email #3: "The budget for software is somewhat flexible. However, it is not to exceed $1,000 under any circumstances."
As stated in Email #3 there is no minimum threshold of student sign ups to spend more than $800.
Hence, the answer is No.
Part 3: The graduate coordinator believes that the economics department will be able to open the course.
From Email #1: "The dean of the college said that he will not open the course unless at least 15 students sign up by February 1."
From Email #2: "In fact, there is a good chance that we will have more than 15 students in the course by the deadline."
Combining the above two statements we can definitely say that the graduate coordinator believes that the economics department will be able to open the course.
Hence, the answer is Yes.
