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# Some of the greatest American entrepreneurs of the 20th

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Manager
Joined: 27 Feb 2010
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Location: Denver
Some of the greatest American entrepreneurs of the 20th [#permalink]

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18 Mar 2010, 07:22
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Question Stats:

48% (01:00) correct 52% (00:57) wrong based on 236 sessions

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Some of the greatest American entrepreneurs of the 20th century started their business ventures while they were still in college, and could not complete their education as a result. It is possible that had they started their businesses any later, they would not have been as successful.

From the above two statements, it can only be proven that

(A) sometimes, it can be worthwhile to sacrifice an immediate gain for a larger benefit.

(B) education is not always useful.

(3) it pays not to complete an education.

(D) entrepreneurs who start their ventures after completing their education are not as successful as those who start off while still in college.

(E) you do not have to be educated to be an entrepreneur.

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Manager
Joined: 27 Feb 2010
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18 Mar 2010, 07:25
1
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Mine was 'D' but that wasn't correct. Just thought of sharing with you all. A is the correct answer.

The question asks you to determine the only valid conclusion of the given two statements.

In this case, the only valid conclusion is the one given in option A.
The usefulness of education (option B) is not in the ambit of the two statements, while option C is too extreme a statement.

You might be tempted to believe that option D is the correct answer; however, it is not a valid conclusion because entrepreneurs who start a venture after their education can be as successful.

Option E is also too strong a statement.

Hence (A) is the correct answer.

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VP
Joined: 17 Feb 2010
Posts: 1476

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28 Mar 2010, 20:50
Are you sure OA is (A). what is the source of this question?

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Manager
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06 Apr 2010, 07:13
I would accept A without "worthwhile". This is a leap in assumption.
I went with D as well.

nice post. It'd be nicer if everyone posts the corresponding source as well

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Manager
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23 Apr 2010, 17:18
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Sorry guys, the source for this question 800score.com practice test.

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Manager
Joined: 06 Mar 2010
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06 Jul 2010, 14:44
stimulus says that "It is possible that had they started their businesses any later, they would not have been as successful"
and option D makes a strong conclusion that "entrepreneurs who start their ventures after completing their education are not as successful as those who start off while still in college."

Please emphasize on the word possible in the stimulus. It says that it might be true for enterpreneurs not to be as successful if they start their business later.
This is a possible reason to eliminate option D.

Others options are either too strong as D or out of scope.
By POE, only A hold true.

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Manager
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08 Jul 2010, 23:06
I went with D as well . Looking at the explanation A seems to be correct answer
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Manager
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31 Aug 2010, 07:18
can some one expalin why e is wrong

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Manager
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01 Sep 2010, 02:39
I went with A

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Manager
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13 Sep 2010, 04:00
I went with A too..
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Regards
Ganesh
Class of 2012
Great Lakes Institute of Management
http://greatlakes.edu.in

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Retired Moderator
Joined: 03 Aug 2010
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08 Oct 2010, 02:57
got stuck with A and E .. chose E... can someone explain why E is wrong.
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http://www.gmatpill.com/gmat-practice-test/

Amazing Platform

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Manager
Joined: 06 Aug 2010
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Kudos [?]: 225 [1], given: 5

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08 Oct 2010, 08:25
1
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I disagree with A. It should be E.

zz0vlb wrote:
Some of the greatest American entrepreneurs of the 20th century started their business ventures while they were still in college, and could not complete their education as a result. It is possible that had they started their businesses any later, they would not have been as successful.

From the above two statements, it can only be proven that

(A) sometimes, it can be worthwhile to sacrifice an immediate gain for a larger benefit. This is the exact opposite of what the passage states. The passage clearly shows that sometimes it can be worthwhile to sacrifice a larger benefit (graduating college) for an immediate gain (the business you're starting right now, which might not be successful if you wait).

(B) education is not always useful.

(3) it pays not to complete an education.

(D) entrepreneurs who start their ventures after completing their education are not as successful as those who start off while still in college.

(E) you do not have to be educated to be an entrepreneur. Clearly true - the article states that there are successful entrepreneurs who dropped out of college, so you obviously don't HAVE to be educated to be an entrepreneur.

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Intern
Joined: 25 Sep 2010
Posts: 10

Kudos [?]: [0], given: 1

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08 Oct 2010, 15:35
+1 for A.

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Manager
Joined: 07 Jul 2010
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25 Jan 2011, 10:24
I pick A.
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Hung M.Tran
Faculty of Banking and Finance,
National Economics University of Vietnam

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Manager
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WE 1: 4 yr IT

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25 Jan 2011, 11:35
A it is.
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this time, we play for keeps

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Manager
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Location: Israel
GMAT 1: 660 Q47 V34
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GPA: 3.2
WE: Operations (Non-Profit and Government)

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25 Jan 2011, 13:33
1
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I have to agree with TehJay. I also chose E as the correct answer.

I think that the problem of this question is the defining the mining of immediate gain for and larger benefit. In my opinion the large benefit is graduating from college, hence I chose E. If OA is A than the author of the question does not agree with my opinion.

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Manager
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26 Jan 2011, 08:26
nov79 wrote:
I have to agree with TehJay. I also chose E as the correct answer.

I think that the problem of this question is the defining the mining of immediate gain for and larger benefit. In my opinion the large benefit is graduating from college, hence I chose E. If OA is A than the author of the question does not agree with my opinion.

I agree with both of you. E seems better than A
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You want somethin', go get it. Period!

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Intern
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17 Feb 2011, 12:14
I got with E also...

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Director
Status: No dream is too large, no dreamer is too small
Joined: 14 Jul 2010
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17 Feb 2011, 13:22
zz0vlb wrote:
Some of the greatest American entrepreneurs of the 20th century started their business ventures while they were still in college, and could not complete their education as a result. It is possible that had they started their businesses any later, they would not have been as successful.

From the above two statements, it can only be proven that

(A) sometimes, it can be worthwhile to sacrifice an immediate gain for a larger benefit. [the passage clearly mentions those who started their business at college life to get complete education. As they started busines for gaining earning at early stage they failed to gain another acheivement of life.]

(B) education is not always useful.

(3) it pays not to complete an education.

(D) entrepreneurs who start their ventures after completing their education are not as successful as those who start off while still in college.

(E) you do not have to be educated to be an entrepreneur.

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Collections:-
PSof OG solved by GC members: http://gmatclub.com/forum/collection-ps-with-solution-from-gmatclub-110005.html
DS of OG solved by GC members: http://gmatclub.com/forum/collection-ds-with-solution-from-gmatclub-110004.html
100 GMAT PREP Quantitative collection http://gmatclub.com/forum/gmat-prep-problem-collections-114358.html
Collections of work/rate problems with solutions http://gmatclub.com/forum/collections-of-work-rate-problem-with-solutions-118919.html
Mixture problems in a file with best solutions: http://gmatclub.com/forum/mixture-problems-with-best-and-easy-solutions-all-together-124644.html

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Manager
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08 Mar 2011, 03:19
+ 1 for E.
A is exactly the opposite of what the statements says.

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Re: CR Question   [#permalink] 08 Mar 2011, 03:19

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