Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 25 May 2017, 16:15

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Rumored declines in automobile-industry revenues are

Author Message
Manager
Joined: 29 Aug 2003
Posts: 240
Location: MI
Followers: 1

Kudos [?]: 30 [0], given: 0

Rumored declines in automobile-industry revenues are [#permalink]

### Show Tags

26 Dec 2003, 08:30
00:00

Difficulty:

(N/A)

Question Stats:

67% (02:19) correct 33% (25:50) wrong based on 3 sessions

### HideShow timer Statistics

Rumored declines in automobile-industry revenues are exaggerated. It is true that automobile manufactures' share of the industry's revenues fell from 65 percent two years ago to 50 percent today, but over the same period suppliers of automobile parts had their share increase from 15 percent to 20 percent and service companies (for example, distributors, dealers, and repairs) had their share increase from 20 percent to 30 percent.

Which one of the following best indicates why the statistics given above provide by themselves no evidence for the conclusion they are intended to support?

(A) The possibility is left open that the statistics for manufactures' share of revenues come from a different source than the other statistics.

(B) No matter what changes the automobile industry's overall revenues undergo, the total of all shares of these revenues must be 100 percent.

(C) No explanation is given for why the revenue shares of different sectors of the industry changed

(D) Manufactures and parts companies depend for their revenue on dealers' success in selling cars.

(E) Revenues are an important factor but are not the only factor in determining profits.
Director
Joined: 13 Nov 2003
Posts: 961
Location: Florida
Followers: 1

Kudos [?]: 144 [0], given: 0

### Show Tags

26 Dec 2003, 08:50
corelation needs to be establised between the respective sources.

will go with A
Manager
Joined: 29 Aug 2003
Posts: 240
Location: MI
Followers: 1

Kudos [?]: 30 [0], given: 0

### Show Tags

26 Dec 2003, 15:25
not A, not D
SVP
Joined: 30 Oct 2003
Posts: 1790
Location: NewJersey USA
Followers: 6

Kudos [?]: 101 [0], given: 0

### Show Tags

26 Dec 2003, 19:50
Add up the first set of percentages and then add up the second set of percentages. They add upto 100% There is actually no change in the percentage of the revenue. However total revenue might be less or more because we dont know how much each subsector in the auto industry generated.
SVP
Joined: 30 Oct 2003
Posts: 1790
Location: NewJersey USA
Followers: 6

Kudos [?]: 101 [0], given: 0

### Show Tags

20 Jan 2004, 06:49
Sandeep what is the answer to this Q?
Manager
Joined: 29 Aug 2003
Posts: 240
Location: MI
Followers: 1

Kudos [?]: 30 [0], given: 0

### Show Tags

20 Jan 2004, 08:15

Your explanation was perfect, hence I must have overlooked to post the answer.
20 Jan 2004, 08:15
Similar topics Replies Last post
Similar
Topics:
1 With the decline of predators, such as wolves and coyotes, 3 08 Dec 2010, 19:11
Advertiser: The revenue that newspapers and magazines earn 7 05 Aug 2008, 00:54
1) Advertiser: The revenue that newspapers and magazines 9 16 Aug 2008, 03:20
The recent decline in the value of the dollar was triggered 6 05 Apr 2008, 02:07
The recent decline in the value of the dollar was triggered 3 09 Sep 2007, 10:45
Display posts from previous: Sort by