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Paul: The profitability of Excelsior Inc, restored to a

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gmatcracker2010
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Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   04 Jun 2010, 00:07
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92% (01:14) correct 8% (01:44) wrong based on 160 sessions
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Paul: The profitability of Excelsior Inc, restored to a private equity firm four years ago, is a clear evidence that businesses function far more effectively under private than under public ownership.

Andrea: You are mistaken. Scrutiny of the records shows that Excelsior has been profitable since it appointed a top manager while Excelsior was still in the public sector.

Which of the following best describes the weak point in Paul's claim on which Andrea's response focuses?

A. No mention is made of companies that are partly government owned and partly privately owned.
B. The profitability of Excelsior inc might only be temporary.
C. Paul's statement leaves open the possibility that the cause he cites came after the effect he attributes to it.
D. Exact figures are not given for the current profits of Excelsior Inc.
E. The evidence Paul cites comes from only a single observed case, that of Excelsior inc.

OA is
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c


I am not able to understand the Q itself. Can somebody please explain the Q & OA?
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   05 Jun 2010, 09:21
I only picked C because everything else didn't make sense. I don't get how C is the answer but I didn't get how it wasn't the answer either. I got how everything else wasn't the answer so I picked C.
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   05 Jun 2010, 12:19
The reason C is the answer is that it mentions the effect comes after the cause mentioned by Paul. Hence, Paul's conclusion has weakness.
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   05 Jun 2010, 13:49
oh dang. yeah you're right it's so plain. glad i got that right
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   08 Jun 2010, 12:01
dont know why I picked (E)...... :(

C makes total sense.
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   24 Feb 2014, 07:35
Option C.
Paul's statement gives a hint that the Co. became profitable after it went private.Andreas targets that by saying the Co. became profitable when it was public.

Posted from my mobile device
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   04 Jun 2020, 01:43
A. No mention is made of companies that are partly government owned and partly privately owned.- IRRELEVANT

B. The profitability of Excelsior inc might only be temporary. This has no relation with privatisation

C. Paul's statement leaves open the possibility that the cause he cites came after the effect he attributes to it.
CAUSE here is privatisation & EFFECT is profitability. so the case could be that profit happened before privatisation this weakens Paul's statement. Hence C is the answer.

D. Exact figures are not given for the current profits of Excelsior Inc.-IRRELEVANT

E. The evidence Paul cites comes from only a single observed case, that of Excelsior inc.-TEMPTING ANSWER CHOICE BU IT DOESN'T
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink] Paul: The profitability of Excelsior Inc, restored to a   05 Jun 2020, 16:34
Answer C

Andrea points to the timeline of the events and provides another reason for increased profitability that was overlooked.
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Re: Paul: The profitability of Excelsior Inc, restored to a [#permalink]
05 Jun 2020, 16:34
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