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Investing in real estate would be a profitable venture at this time. A

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Investing in real estate would be a profitable venture at this time. A  [#permalink]

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New post 06 Jul 2018, 04:24
00:00
A
B
C
D
E

Difficulty:

  45% (medium)

Question Stats:

66% (01:24) correct 34% (01:35) wrong based on 88 sessions

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Investing in real estate would be a profitable venture at this time. A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years. A study of the real estate industry, however, revealed that the current supply of homes could only provide for 65% of that demand each year.

Which of the following, if true, reveals a weakness in the evidence cited above?


(A) Real estate is a highly labor-intensive business.

(B) Home builders are not evenly distributed across the country.

(C) The number of people who want second homes has been increasing each year for the past ten years.

(D) Readers of House magazine are more likely than most people to want second homes.

(E) House magazine includes articles about owning a second home as well as articles about building a second home.

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Re: Investing in real estate would be a profitable venture at this time. A  [#permalink]

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New post 06 Jul 2018, 05:53
Bunuel wrote:
Investing in real estate would be a profitable venture at this time. A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years. A study of the real estate industry, however, revealed that the current supply of homes could only provide for 65% of that demand each year.

Which of the following, if true, reveals a weakness in the evidence cited above?


(A) Real estate is a highly labor-intensive business.

(B) Home builders are not evenly distributed across the country.

(C) The number of people who want second homes has been increasing each year for the past ten years.

(D) Readers of House magazine are more likely than most people to want second homes.

(E) House magazine includes articles about owning a second home as well as articles about building a second home.




here is my reasoning

clearly A and B strenghthen,

C is irrelevant

between D and E , i will choose D because we dont know how many readers constitute 85%.
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Re: Investing in real estate would be a profitable venture at this time. A  [#permalink]

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New post 06 Jul 2018, 09:27
+1 for D.

(D) Readers of House magazine are more likely than most people to want second homes. --> Correct

Reason : The logical flaw in stimulus is that it readily assumes the sample provided is enough to draw the conclusion that the investment is booming. But, option D weakens the argument by stating that 85% (high interest) is only among the magazine readers and not as a whole.

Hence, D.
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Re: Investing in real estate would be a profitable venture at this time. A  [#permalink]

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New post 06 Jul 2018, 11:06
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sudarshan22 wrote:
+1 for D.

(D) Readers of House magazine are more likely than most people to want second homes. --> Correct

Reason : The logical flaw in stimulus is that it readily assumes the sample provided is enough to draw the conclusion that the investment is booming. But, option D weakens the argument by stating that 85% (high interest) is only among the magazine readers and not as a whole.

Hence, D.


With the same opinion,

Quote:
A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years.

Say if there are 10000 citizens and only 1000 reads the House magazine then out of those only 850 are planning to buy a second home.

Thus actually it represents only 8.50 % of the citizens..

Hence with (D)
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Re: Investing in real estate would be a profitable venture at this time. A  [#permalink]

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New post 09 Jul 2018, 21:31
Abhishek009 wrote:
sudarshan22 wrote:
+1 for D.

(D) Readers of House magazine are more likely than most people to want second homes. --> Correct

Reason : The logical flaw in stimulus is that it readily assumes the sample provided is enough to draw the conclusion that the investment is booming. But, option D weakens the argument by stating that 85% (high interest) is only among the magazine readers and not as a whole.

Hence, D.


With the same opinion,

Quote:
A survey in House magazine revealed that 85% of the magazine’s readers are planning to buy a second home over the next few years.

Say if there are 10000 citizens and only 1000 reads the House magazine then out of those only 850 are planning to buy a second home.

Thus actually it represents only 8.50 % of the citizens..

Hence with (D)



I second your reasoning. Perfectly highlighted.
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Re: Investing in real estate would be a profitable venture at this time. A &nbs [#permalink] 09 Jul 2018, 21:31
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