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Veritas Prep Blog [#permalink]
Haven't try them but I think they are one of the best...
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3 Practical Life Lessons I Learned From My MBA [#permalink]
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FROM Veritas Prep Blog: 3 Practical Life Lessons I Learned From My MBA

During the last day of any MBA course, your professor will most likely say something along the lines of, “Years from now, if you can use one thing from my class, it would be…” Now I won’t be able to enumerate every single lesson I learned over my time at business school, but these lessons have become part of my mental toolkit, and always come to mind when I evaluate business odds or manage ambiguous human factors.

Here are three of the most useful life lessons that I became very aware of during my time in business school:

1) Build a buffer of time into your day

From my Operations Management course, I learned that in the manufacturing process, buffer zones or “slack time” are critical in ensuring that a delay in one part of production cannot easily cripple the whole chain. This concept has proven to be helpful now in managing day-to-day activities – rather than filling every hour of the day with minute tasks, it is more productive to identify key priorities and create some free time around them. This time can then be used to absorb tasks that unexpectedly take longer than you thought they would, or to spend as additional time for personal interests. Planning out the day like this can greatly reduce your stress and allow new ideas to ferment, making for a more productive and fulfilling life, long-term.

2) You can negotiate for more than you think

From my Negotiations course, I recall that I learned the most common error people make in their dealings is to take too many points as given or fixed and not even bother to try and negotiate them. Thus, they miss out on the potential to further benefit their own organization as well as the party they are negotiating with.

Being more aware of this tendency will encourage you to try negotiating for things you may not have tried for before, which will help open up more business opportunities and deepen your relationships with the people you work with. In addition, it is important to understand that the motivation of the person you are negotiating with is not always exactly the same as that of the unit he is representing, as this will help in the way you approach the conversation.

3) The creative process cannot be forced

In one of my Strategy classes, we discussed the creative process of Grammy Award-winning singer/songwriter Suzanne Vega, best known for her 1987 hit “Luka,” which raised awareness for domestic violence. In this case study, the singer was encountering writer’s block as she was creating her new album and found that to do her best work, she couldn’t be forced to grind it out in the recording studio as many musical artists do – living life and drawing inspiration and stimulation from everyday encounters was the best way to go.

I have found this lesson to be very applicable as I help guide MBA candidates through their business school applications. Applicants tend to maintain their better balance in their lives by continuing with their exercise, hobbies, and vacations, even as they prepare for the GMAT and the business school application process as a whole. Living full, normal lives will keep you refreshed and inspired to work at your peak performance level, and to deliver your best work possible.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Written by Edison Cu, a Veritas Prep Head Consultant for INSEAD.

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Should You Look at Fit or Prestige When Deciding Which Business School [#permalink]
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FROM Veritas Prep Blog: Should You Look at Fit or Prestige When Deciding Which Business School to Attend?

For the fortunate, one of the most challenging decisions MBA applicants make this time of year is which business school to attend. Receiving an offer of admission to only one school is always great news, but when an applicant is greeted with multiple offers, the joy of admission often quickly turns to the paradox of choice. Indecision often occurs when admits are confronted with choosing between more prestigious MBA programs and those that represent a better personal or professional fit for them.

For some, the choice may be an obvious one – “Of course you should matriculate to the more prestigious program!” Others, however, would immediately choose to attend the program that better aligns with their development goals. Let’s explore some of the reasons why an admit might lean one way or the other.

Choosing Fit?

Think about the core reasons that initially drove your interest in pursuing a graduate business education. Was it to improve your analytical or problem solving skills? Was it to break into a new industry or climb the corporate ladder in your current line of work? Go back to these core desires and remember the real reasons why you are seeking an MBA. If these factors are important to you,then the school with a better fit might be best for you.

Now, this focus on fit can sometimes be forgotten in the face of rankings, which are difficult to overlook. And complicating this decision even further, many admits tend to solicit the advice of under-informed friends and family when trying to decide which MBA program to attend, so well-known programs with great brands that may not be the best fit for a candidate’s development goals are often recommended over somewhat less prestigious programs.

Choosing Prestige?

The goal for many candidates is to go to the most well-known and highly-ranked MBA program possible, so when it comes time to make a decision, it is all about which school has the best brand. Generally, the more reputed programs do tend to offer a better lifetime value and return on investment (ROI). This is because these programs often offer broader alumni networks with better long-term career considerations, particularly for those interested in global career opportunities. However, in many instances, an overall highly-ranked program may be weaker in specific industry and functional areas than lower ranked programs.

The answer to this debate is a difficult one. Admits should take both factors into consideration but strive to pursue the most highly-reputed program – not in absolute terms, but instead in terms of which best address their development needs and post-MBA goals.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You read more articles by him here.

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Quarter Wit, Quarter Wisdom: Using the Standard Deviation Formula on t [#permalink]
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FROM Veritas Prep Blog: Quarter Wit, Quarter Wisdom: Using the Standard Deviation Formula on the GMAT

We have discussed standard deviation (SD) in detail before. We know what the formula is for finding the standard deviation of a set of numbers, but we also know that GMAT will not ask us to actually calculate the standard deviation because the calculations involved would be way too cumbersome. It is still a good idea to know this formula, though, as it will help us compare standard deviations across various sets – a concept we should know well.

Today, we will look at some GMAT questions that involve sets with similar standard deviations such that it is hard to tell which will have a higher SD without properly understanding the way it is calculated. Take a look at the following question:

Which of the following distribution of numbers has the greatest standard deviation?

(A) {-3, 1, 2}

(B) {-2, -1, 1, 2}

(C) {3, 5, 7}

(D) {-1, 2, 3, 4}

(E) {0, 2, 4}

At first glance, these sets all look very similar. If we try to plot them on a number line, we will see that they also have similar distributions, so it is hard to say which will have a higher SD than the others. Let’s quickly review their deviations from the arithmetic means:

For answer choice A, the mean = 0 and the deviations are 3, 1, 2

For answer choice B, the mean = 0 and the deviations are 2, 1, 1, 2

For answer choice C, the mean = 5 and the deviations are 2, 0, 2

For answer choice D, the mean = 2 and the deviations are 3, 0, 1, 2

For answer choice E, the mean = 2 and the deviations are 2, 0, 2

We don’t need to worry about the arithmetic means (they just help us calculate the deviation of each element from the mean); our focus should be on the deviations. The SD formula squares the individual deviations and then adds them, then the sum is divided by the number of elements and finally, we find the square root of the whole term. So if a deviation is greater, its square will be even greater and that will increase the SD.

If the deviation increases and the number of elements increases, too, then we cannot be sure what the final effect will be – an increased deviation increases the SD but an increase in the number of elements increases the denominator and hence, actually decreases the SD. The overall effect as to whether the SD increases or decreases will vary from case to case.

First, we should note that answers C and E have identical deviations and numbers of elements, hence, their SDs will be identical. This means the answer is certainly not C or E, since Problem Solving questions have a single correct answer.

Let’s move on to the other three options:

For answer choice A, the mean = 0 and the deviations are 3, 1, 2

For answer choice B, the mean = 0 and the deviations are 2, 1, 1, 2

For answer choice D, the mean = 2 and the deviations are 3, 0, 1, 2

Comparing answer choices A and D, we see that they both have the same deviations, but D has more elements. This means its denominator will be greater, and therefore, the SD of answer D is smaller than the SD of answer A. This leaves us with options A and B:

For answer choice A, the mean = 0 and the deviations are 3, 1, 2

For answer choice B, the mean = 0 and the deviations are 2, 1, 1, 2

Now notice that although two deviations of answers A and B are the same, answer choice A has a higher deviation of 3 but fewer elements than answer choice B. This means the SD of A will be higher than the SD of B, so the SD of A will be the highest. Hence, our answer must be A.

Let’s try another one:

Which of the following data sets has the third largest standard deviation?

(A) {1, 2, 3, 4, 5}

(B) {2, 3, 3, 3, 4}

(C) {2, 2, 2, 4, 5}

(D) {0, 2, 3, 4, 6}

(E) {-1, 1, 3, 5, 7}

How would you answer this question without calculating the SDs? We need to arrange the sets in increasing SD order. Upon careful examination, you will see that the number of elements in each set is the same, and the mean of each set is 3.

Deviations of answer choice A: 2, 1, 0, 1, 2

Deviations of answer choice B: 1, 0, 0, 0, 1 (lowest SD)

Deviations of answer choice C: 1, 1, 1, 1, 2

Deviations of answer choice D: 3, 1, 0, 1, 3

Deviations of answer choice E: 4, 2, 0, 2, 4 (highest SD)

Obviously, option B has the lowest SD (the deviations are the smallest) and option E has the highest SD (the deviations are the greatest). This means we can automatically rule these answers out, as they cannot have the third largest SD.

Deviations of answer choice A: 2, 1, 0, 1, 2

Deviations of answer choice C: 1, 1, 1, 1, 2

Deviations of answer choice D: 3, 1, 0, 1, 3

Out of these options, answer choice D has a higher SD than answer choice A, since it has higher deviations of two 3s (whereas A has deviations of two 2s). Also, C is more tightly packed than A, with four deviations of 1. If you are not sure why, consider this:

The square of deviations for C will be 1 + 1+ 1 + 1  + 4 = 8

The square of deviations for A will be 4 + 1 + 0 + 1 + 4 = 10

So, A will have a higher SD than C but a lower SD than D. Arranging from lowest to highest SD’s, we get: B, C, A, D, E. Answer choice A has the third highest SD, and therefore, A is our answer

Although we didn’t need to calculate the actual SD, we used the concepts of the standard deviation formula to answer these questions.

Getting ready to take the GMAT? We have free online GMAT seminars running all the time. And, be sure to follow us on FacebookYouTubeGoogle+, and Twitter!

Karishma, a Computer Engineer with a keen interest in alternative Mathematical approaches, has mentored students in the continents of Asia, Europe and North America. She teaches the GMAT for Veritas Prep and regularly participates in content development projects such as this blog!

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The Right Way to Communicate with Business School Admissions Committee [#permalink]
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FROM Veritas Prep Blog: The Right Way to Communicate with Business School Admissions Committees

The business school application process can be full of questions that can be difficult to obtain answers to. Although there is a lot of information publicly available about this general process, many applicants often seek answers that are more specific to their own candidacy and profile. However, with so many incoming applications, it is unrealistic for MBA admissions teams to be expected to service every single inquiry made by an applicant.

Now, this does not mean that admissions teams are not open to addressing questions or concerns an applicant may have, it just puts the onus on the candidate to make sure the inquiry is worthy of an admission officer’s time. Keep in mind, during the business school application process every interaction can be judged and evaluated, so you generally want to make sure if you are reaching out, the information you are looking for is of critical importance to your candidacy.

Here are a few ways it may be appropriate to communicate with the admissions committee during each stage of the admissions process:

Pre-Application Submission:

At this stage, you’ll generally want to leverage your communication with the admissions office in two areas. The first is to gain information about the program that will better inform your application – public settings such as school information sessions, affinity weekends and MBA tours are great places to begin to nurture relationships with representatives from admissions. Creating these relationships will allow you to personalize your future inquiries, if necessary, and will increase the opportunity for you to gain new insights into the school through your dialogue.

The second area surrounds more mission-critical questions. I see these questions as ones that will prevent you from properly completing an aspect of the application, such as transcript issues and other process-oriented problems.

Post-Application Submission:

This stage is largely seen as the “waiting game” phase of the admissions process, but important questions still sometimes arise for candidates. You’ll want to avoid communication during this stage unless it is absolutely critical – avoid questions regarding interview or decision timelines in particular, as these can make you appear too impatient to the admissions committee.

Even questions along the lines of receipt of application materials post-submission really should be discouraged; most of the back-end submission process is so automated that if you submit something you should be confident it was received. Unless a question arises that is crucial to your application, just sit back and relax as you wait to hear back from admissions regarding their decision.

Post Decision:

This is one of the tougher communication periods for applicants. Make sure to begin your communication with admissions after you have received a formal decision. If you’ve been admitted, use your communication to clarify the offer and to potentially inquire about additional funding (especially if you have received other favorable offers from competing programs). If you were denied admission, not much communication is necessary. If you had a strong relationship with someone in admissions, I would recommend you send out a thank you note, especially if you are considering reapplying in the future, and perhaps ask if admissions has any advice for future re-application.

If you were waitlisted, this phase is probably the most important for you. First and foremost, follow the communication guidelines laid out in your waitlist letter. Most programs will accept material updates to your application, so if you have any updates to report such as promotions, raises, GMAT improvements, new leadership opportunities, or other offers, make sure you share this information through the appropriate mechanisms.

In all of your interactions with admissions, you want to be professional and courteous. The better you communicate your respect for the great work the admissions committee does, the more they will be willing to help address your needs.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You read more articles by him here.

The post The Right Way to Communicate with Business School Admissions Committees appeared first on Veritas Prep Blog.
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SAT Tip of the Week: Understanding and Utilizing Testing Accommodation [#permalink]
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FROM Veritas Prep Blog: SAT Tip of the Week: Understanding and Utilizing Testing Accommodations on the SAT

High school students want to be as prepared as possible when it’s time to sit down and take the SAT exam. Some students, however, may find themselves less prepared than others – especially if they have a physical disability, medical condition, or learning disability might wonder about the actual process of taking the test. Will they be able to get the assistance they need to do their best on the SAT? The answer is yes.

When it comes to the SAT, testing accommodations are available for students who truly need them. It’s a good idea for students in need of testing accommodations to make their requests as soon as possible so that the College Board has ample time to evaluate the details each request. Let’s examine the process of getting SAT testing accommodations as well as some of the resources available to high school students in need of them:

Who Is Eligible for SAT Accommodations?

In order to be eligible for SAT testing accommodations, a student must have a documented disability. Some examples of medical conditions and disabilities that may qualify a student for testing accommodations are diabetes, epilepsy, cerebral palsy, muscular dystrophy, blindness, deafness, and some learning disabilities.

When the College Board considers a student’s request for testing accommodations, the members look at whether the student uses accommodations in classes at school. The basic question to consider is, “Does the student’s condition impact their ability to take the SAT?” If so, the request for testing accommodations is likely to be approved. For example, if a person has a disability that doesn’t allow them to sit for long periods of time, an accommodation may be made for that student to take a break during the exam. Or a student who is blind can request a Braille test book or even an audio version of the SAT.

Examples of Testing Accommodations for the SAT

The type of testing accommodations a student receives depends on their disability or condition. The Braille test booklet and audio test mentioned above are two examples of SAT testing accommodations. A student who is partially blind may request a magnifying machine or even a test book featuring large print. Alternatively, a student with a documented learning disability may receive an extended amount of time to complete the SAT, while a student with diabetes may be able to pause during the test to take a blood sugar reading or eat something to correct a fluctuation in blood sugar levels without being penalized for stopping the timer on the test. The accommodations given fit the individual situations of each student with a disability or medical condition.

How to Arrange for SAT Accommodations

Getting a testing accommodation for the SAT requires a student to submit a request in writing – they can do this with the help of their guidance counselor at school by submitting the request online. This request must include documentation from the student’s doctor as well as an explanation from the student as to how their disability or condition affects the test-taking process.

How Long Does it Take to Be Approved for SAT Accommodations?

It takes approximately seven weeks for the College Board to review all of a student’s documentation, so if you are a student who requires an SAT accommodation, it would be best to send all of your information in as early as possible. If there is a document missing or the board has a question for you regarding your situation, it’s likely to take longer to approve the request. Students interested in getting accommodations for the SAT should also be sure to note the deadlines for making a request and to submit their information for these requests well in advance.

At Veritas Prep, we provide valuable SAT preparation courses to students who want to submit their best work on this important exam. Each of our professional tutors scored in the top one percent of all students taking the exam, so the strategies and test-taking tips given to Veritas Prep students are coming directly from the experts! Call our offices at Veritas Prep today and learn how our convenient tutoring options can help you do your best on the test.

Are you trying to decide whether to take the SAT or the ACT? Register for our upcoming free online SAT vs. ACT Workshop to gain a better understanding of each test and decide which one is right for you. And, as always, be sure to find us on Facebook, YouTube, Google+ and Twitter!

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How to Avoid Negativity in Your MBA Application Essays [#permalink]
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FROM Veritas Prep Blog: How to Avoid Negativity in Your MBA Application Essays

Anyone who has gone through the MBA application process knows how stressful it is. Applicants have to wrestle with preparing for the GMAT, deciding which schools to apply to, evaluating probabilities of admission, and worrying about finances – all while juggling various pressures at work and home.

Handling all of these responsibilities simultaneously while targeting specific application periods makes it tempting to just rush through the essay writing process to meet school deadlines and move on to other duties. Exhausted and unfamiliar with this process, applicants often get side-tracked and spend their time fine-tuning their essays with the wrong starting points.

One of the most common mistakes I have seen candidates make during my past eight years working with Veritas Prep is allowing negativity to seep into their application essays. Being mindful of this tendency can take you several steps closer to crafting a great application.

Many MBA applicants express time and again how unhappy, insignificant or stuck they feel with their current roles or companies, and while we always encourage applicants to be honest in their essays, focusing on the negative aspects that are prompting you to apply for an MBA does not help your cause and just wastes precious space.

For example, saying something like “I am just a salesman,” or “It is a boring job with little intellectual challenges,” diminishes your own accomplishments and portrays your past experiences as weak and unremarkable. The admissions committee might also wonder if you would eventually feel negatively about your MBA experience at their program, and thus, be an ineffective ambassador for the program when you become part of their alumni community.

My advice is to remain truthful but to shift your perspective. It is true that you are very motivated to go from your current situation (point A) to your post-MBA goal (point B), however it is better to emphasize what you have gained or learned at point A and how this will help you get to point B, where you are excited to make a great impact, than to complain excessively about point A.

Filling in details on why you want to get to point B, adding in specifics about how your target MBA program will help get you there and why this is a worthwhile and realistic goal, would boost your chances of admission. Just as importantly, this positive outlook will also make you happier and help you plan the next stages of your life productively.

In conclusion, a positive mindset and tone will help you come across as forward-looking, optimistic, and grateful to the admissions committee. It will also help you focus on your goals and convince the school that you will be a valuable member of their community.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Written by Edison Cu, a Veritas Prep Head Consultant for INSEAD.

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How to Avoid Trap Answers On GMAT Data Sufficiency Questions [#permalink]
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FROM Veritas Prep Blog: How to Avoid Trap Answers On GMAT Data Sufficiency Questions

When I’m not teaching GMAT classes or writing posts for our fine blog, I am, unfortunately, writing fiction. Anyone who has taken a stab at writing fiction knows that it’s hard, and because it’s hard, it is awfully tempting to steer away from pain and follow the path of least resistance.

This tendency can manifest itself in any number of ways. Sometimes it means producing a cliché rather than straining for a more precise and original way to render a scene. More often, it means procrastinating – cleaning my desk or refreshing espn.com for the 700th time – rather than doing any writing at all. The point is that my brain is often groping for an easy way out. This is how we’re all wired; it’s a dangerous instinct, both in writing and on the GMAT.

This problem is most acute on Data Sufficiency questions. Most test-takers like to go on auto-pilot when they can, relying on simple rules and heuristics rather than proving things to themselves – if I have the slope of a line and one point on that line, I know every point on that line; if I have two linear equations and two variables I can solve for both variables, etc.

This is not in and of itself a problem, but if you find your brain shifting into path-of-least-resistance mode and thinking that you’ve identified an answer to a question within a few seconds, be very suspicious about your mode of reasoning. This is not to say that you should simply assume that you’re wrong, but rather to encourage you to try to prove that you’re right.

Here’s a classic example of a GMAT Data Sufficiency question that appears to be easier than it is:

Joanna bought only $.15 stamps and $.29 stamps. How many $.15 stamps did she buy?

1) She bought $4.40 worth of stamps

2) She bought an equal number of $.15 stamps and $.29 stamps

Here’s how the path-of-least-resistance part of my brain wants to evaluate this question. Okay, for Statement 1, there could obviously be lots of scenarios. If I call “F” the number of 15 cent stamps and “T” the number of 29 cent stamps, all I know is that .15F + .29T = 4.40. So that statement is not sufficient. Statement 2 is just telling me that F = T. Clearly no good – any number could work. And together, I have two unique linear equations and two unknowns, so I have sufficiency and the answer is C.

This line of thinking only takes a few seconds, and just as I need to fight the urge to take a break from writing to watch YouTube clips of Last Week Tonight with John Oliver because it’s part of my novel “research,” I need to fight the urge to assume that such a simple line of reasoning will definitely lead me to the correct answer to this question.

So let’s rethink this. I know for sure that the answer cannot be E – if I can solve for the unknowns when I’m testing the statements together, I clearly have sufficiency there. And I know for sure that the answer cannot be that Statement 2 alone is sufficient. If F = T, there are an infinite number of values that will work.

So, let’s go back to Statement 1. I know that I cannot purchase a fraction of a stamp, so both F and T must be integer values. That’s interesting. I also know that the total amount spent on stamps is $4.40, or 440 cents, which has a units digit of 0. When I’m buying 15-cent stamps, I can spend 15 cents if I buy 1 stamp, 30 cents if I buy two, etc.

Notice that however many I buy, the units digit must either be 5 or 0. This means that the units digit for the amount I spend on 29 cent stamps must also be 5 or 0, otherwise, there’d be no way to get the 0 units digit I get in 440. The only way to get a units digit of 5 or 0 when I’m multiplying by 29 is if the other number ends in 5 or 0 . In other words, the number of 29-cent stamps I buy will have to be a multiple of 5 so that the amount I spend on 29-cent stamps will end in 5 or 0.

Here’s the sample space of how much I could have spent on 29-cent stamps:

Five stamps: 5*29 = 145 cents

Ten stamps: 10*29 = 290 cents

Fifteen stamps: 15* 29 = 435 cents

Any more than fifteen 29-cent stamps and I ‘m over 440, so these are the only possible options when testing the first statement.

Let’s evaluate: say I buy five 29-cent stamps and spend 145 cents. That will leave me with 440 – 145 = 295 cents left for the 15-cent stamps to cover. But I can’t spend exactly 295 cents by purchasing 15-cent stamps, because 295 is not a multiple of 15.

Say I buy ten 29-cent stamps, spending 290 cents. That leaves 440 – 290 = 150. Ten 15-cent stamps will get me there, so this is a possibility.

Say I buy fifteen 29-cent stamps, spending 435 cents. That leaves 440 – 435 = 5. Clearly that’s not possible to cover with 15-cent stamps.

Only one option works: ten 29-cent stamps and ten 15-cent stamps. Because there’s only one possibility, Statement 1 alone is sufficient, and the answer here is actually A.

Takeaway: Don’t take the GMAT the way I write fiction. Following the path of least-resistance will often lead you right into the trap the question writer has set for unsuspecting test-takers. If something feels too easy on a Data Sufficiency, it probably is.

*Official Guide question courtesy of the Graduate Management Admissions Council.

Plan on taking the GMAT soon? We have GMAT prep courses starting all the time. And be sure to follow us on FacebookYouTubeGoogle+ and Twitter!

By David Goldstein, a Veritas Prep GMAT instructor based in Boston. You can find more articles written by him here.

The post How to Avoid Trap Answers On GMAT Data Sufficiency Questions appeared first on Veritas Prep Blog.
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Where Should You Live During Business School? [#permalink]
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FROM Veritas Prep Blog: Where Should You Live During Business School?

You’ve snagged that letter of admission to the school of your dreams and are getting ready to matriculate. Your deposit is sent in and you’ve already notified your employer of your decision to attend business school next year. Everything seems to be falling in place, except where you are actually going to spend those two years in business school. Choosing where you will live during this time can be a bit challenging, especially for students who have limited knowledge of the local renting and housing markets.

Before you begin the housing hunt, prioritize what is most important to you. Is close proximity to campus something that you desire, or would you rather have more access to social areas like bars and restaurants? Do you want to buy or rent? Are you planning to live alone or with other people? Starting from this point will allow you to be more discerning and efficient during your housing search.

The process of finding a new living arrangement does not need to be so complicated – let’s explore a few groups within your business school community that can help ease this decision:

MBA Program

Most MBA programs provide tons of support for entering students when it comes to housing, so leverage your school’s resources to help inform you during this process. Most schools will have an apartment tour during their admitted students weekend, and if you are attending, this should be a can’t-miss activity.

During these tours you’ll have the chance to visit multiple apartment complexes and talk directly with the proprietors as they address any questions you may have about their accommodations. Many of the proprietors will also offer discounts during these weekends, so if you are looking for a good deal on housing, this is a great time to broker one.

Current Students

Another great source of housing intel is current business school students. They understand what’s most important about where to live in the student community, which can really help the decision-making process for matriculating students. It is usually pretty easy to get in touch with second-year students once admitted, so utilize multiple students to help support your housing search.

Alumni

Another great source of housing information is alumni of the school. Alumni are generally the most passionate about MBA programs, and so are overwhelmingly willing to help out new students however they can. Pick their brains over some of the pros and cons of housing options in the area and learn more about the best places to live. Also, don’t limit your alumni outreach to just MBA grads – if you can get in contact with any undergraduate alumni, they often know even more about the surrounding community as they spent four years in the area as opposed to just two years like the average MBA student.

Don’t get overwhelmed by the housing search – utilize the resources above to help you make the best decision and find the perfect new home.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You read more articles by him here.

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GMAT Tip of the Week: Mother Knows Best [#permalink]
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FROM Veritas Prep Blog: GMAT Tip of the Week: Mother Knows Best

This weekend is Mother’s Day here in the United States, and also, as the first full weekend in May, a weekend that will kick off a sense of study urgency for those intent on the September Round 1 MBA admissions deadlines. (If your mother were here she’d tell you why: if you want two full months to study for the GMAT and two full months to work on your applications, you have to start studying now!)

In honor of mothers everywhere and in preparation for your GMAT, let’s consider one of the things that makes mothers so great. Even today as an adult, you’ll likely find that if you live a flight or lengthy drive/train from home, when you leave your hometown, your mother loads you up with snacks for the plane, bottled water for the drive, hand sanitizer for the airport, etc. Why is that? When it comes to their children – no matter how old or independent – mothers are prepared for every possible situation.

What if you get hungry on the plane, or you’re delayed at your connecting airport and your credit card registers fraud because of the strange location and you’re unable to purchase a meal?! She doesn’t want you getting sick after touching the railing on an escalator, so she found a Purell bottle that’s well less than the liquid limit at security (and also packed a clear plastic bag for you and your toiletries). Moms do not want their children caught in a unique and harmful (or inconvenient) situation, so they plan for all possible occurrences.

And that’s how you should approach Data Sufficiency questions on the GMAT.

When a novice test-taker sees the problem:

What is the value of x?

(1) x^2 = 25

(2) 8 < 2x < 12

He may quickly say “oh it’s 5” to both of them. 5 is the square root of 25, and the second equation simplifies to 4 < x < 6, and what number is between 4 and 6? It’s 5.

But your mother would give you caution, particularly because her mission is to avoid *negative* outcomes for you. She’d be prepared for a negative value of x (-5 satisfies Statement 1) and for nonintegers (x could be 4.00001 or 5.9999 given Statement 2). Knowing those contingencies, she’d wisely recognize that you need both statements to guarantee one exact answer (5) for x.

Just like she’d tie notes to your mittens or pin them on your shirt when you were a kid so that you wouldn’t forget (and like now she’ll text you reminders for your grandmother’s birthday or to RSVP to your cousin’s wedding), your mom would suggest that you keep these unique occurrences written down at the top of your noteboard on test day: Negative, Zero, Noninteger, Infinity, Biggest/Smallest Value. That way, you’ll always check for those unique situations before you submit your answer, and you’ll have a much better shot at a challenge-level problem like this:

The product of consecutive integers a, b, c, and d is 5,040. What is the value of d?

(1) d is prime

(2) d < c < b < a

So where does mom come in?

Searching for consecutive integers, you’ll likely factor 5,040 to 7, 8, 9, and 10 (the 10 is obvious because 5,040 ends in a 0, and then when you see that the rest is 504 and know that’s divisible by 9, and you’re just about done). And so with Statement 1, you’ll see that the only prime number in the bunch is 7, meaning that d = 7 and Statement 1 is sufficient. And Statement 2 seems to support that exact same conclusion – as the smallest of the 4 integers, d is, again, 7.

Right?

Enter mom’s notes: did you consider zero? (irrelevant) Did you consider nonintegers? (they specified integers, so irrelevant) Did you consider negative numbers?

That’s the key. The four consecutive integers could be -10, -9, -8, and -7 meaning that d could also be -10. That wasn’t an option for Statement 1 (only positives are prime) and so since you did the “hard work” of factoring 5,040 and then finally got to where Statement 2 was helpful, there’s a high likelihood that you were ready to be finished and saw 7 as the only option for Statement 2.

This is why mom’s reminders are so helpful: on harder problems, the “special circumstances” numbers that mom wants to make sure you’re always prepared for tend to be afterthoughts, having taken a backseat to the larger challenges of math. But mother knows best – you may not be stranded in a foreign airport without a snack and your car might not stall in the desert when you don’t have water, but in the rare event that such a situation occurs she wants you to be prepared. Keep mom’s list handy at the top of your noteboard (alas, the Pearson/Vue center won’t allow you to pin it to your shirt) and you, like mom, will be prepared for all situations.

Getting ready to take the GMAT? We have free online GMAT seminars running all the time. And as always, be sure to follow us on Facebook, YouTubeGoogle+ and Twitter!

By Brian Galvin.

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Quarter Wit, Quarter Wisdom: Using Visual Symmetry to Solve GMAT Proba [#permalink]
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FROM Veritas Prep Blog: Quarter Wit, Quarter Wisdom: Using Visual Symmetry to Solve GMAT Probability Problems

Today, let’s take a look at an official GMAT question involving visual skills. It takes a moment to understand the given diagram, but at close inspection, we’ll find that this question is just a simple probability question – the trick is in understanding the symmetry of the figure:

The figure shown represents a board with 4 rows of pegs, and at the bottom of the board are 4 cells numbered 1 to 4. Whenever the ball shown passes through the opening between two adjacent pegs in the same row, it will hit the peg directly beneath the opening. The ball then has the probability 1/2 of passing through the opening immediately to the left of that peg and probability 1/2 of passing through the opening immediately to the right. What is the probability that when the ball passes through the first two pegs at the top it will end in cell 2?



 

 

 

 

(A) 1/16

(B) 1/8

(C) 1/4

(D) 3/8

(E) 1/2

First, understand the diagram. There are small pegs arranged in rows and columns. The ball falls between two adjacent pegs and hits the peg directly below. When it does, there are two ways it can go – either to the opening on the left or to the opening on the right. The probability of each move is equal, i.e. 1/2.

The arrow show the first path the ball takes. It is dropped between the top two pegs, hits the peg directly below it, and then either drops to the left side or to the right. The same process will be repeated until the ball falls into one of the four cells – 1, 2, 3 or 4.

Method 1: Using Symmetry

Now that we understand this process, let’s examine the symmetry in this diagram.

Say we flip the image along the vertical axis – what do we get? The figure is still exactly the same, but now the order of cells is reversed to be 4, 3, 2, 1. The pathways in which you could reach Cell 1 are now the pathways in which you can use to reach Cell 4.

OR think about it like this:

To reach Cell 1, the ball needs to turn left-left-left.

To reach Cell 4, the ball needs to turn right-right-right.

Since the probability of turning left or right is the same, the situations are symmetrical. This will be the same case for Cells 2 and 3. Therefore, by symmetry, we see that:

The probability of reaching Cell 1 = the probability of reaching Cell 4.

Similarly:

The probability of reaching Cell 2 = the probability of reaching Cell 3. (There will be multiple ways to reach Cell 2, but the ways of reaching Cell 3 will be similar, too.)

The total probability = the probability of reaching Cell 1 + the probability of reaching Cell 2 + the probability of reaching Cell 3 + the probability of reaching Cell 4 = 1

Because we know the probability of reaching Cells 1 and 4 are the same, and the probabilities of reaching Cells 2 and 3 are the same, this equation can be written as:

2*(the probability of reaching Cell 1) + 2*(the probability of reaching Cell 2) = 1

Let’s find the probability of reaching Cell 1:

After the first opening (not the peg, but the opening between pegs 1 and 2 in the first row), the ball moves left (between pegs 1 and 2 in second row) or right (between pegs 2 and 3 in second row). It must move left to reach Cell 1, and the probability of this = 1/2.

After that, the ball must move left again – the probability of this occurring is also 1/2, since probability of moving left or right is equal. Finally, the ball must turn left again to reach Cell 1 – the probability of this occurring is, again, 1/2. This means that the total probability of the ball reaching Cell 1 = (1/2)*(1/2)*(1/2) = 1/8

Plugging this value into the equation above:

2*(1/8) + 2 * probability of reaching Cell 2 = 1

Therefore, the probability of reaching Cell 2 = 3/8

Method 2: Enumerating the Cases

You can also answer this question by simply enumerating the cases.

At every step after the first drop between pegs 1 and 2 in the first row, there are two different paths available to the ball – either it can go left or it can go right. This happens three times and, hence, the total number of ways in which the ball can travel is 2*2*2 = 8

The ways in which the ball can reach Cell 2 are:

Left-Left-Right

Left-Right-Left

Right-Left-Left

So, the probability of the ball reaching Cell 2 is 3/8.

Note that here there is a chance that we might miss some case(s), especially in problems that involve many different probability options. Hence, enumerating should be the last option you use when tackling these types of questions on the GMAT.

Getting ready to take the GMAT? We have free online GMAT seminars running all the time. And, be sure to follow us on FacebookYouTubeGoogle+, and Twitter!

Karishma, a Computer Engineer with a keen interest in alternative Mathematical approaches, has mentored students in the continents of Asia, Europe and North America. She teaches the GMAT for Veritas Prep and regularly participates in content development projects such as this blog!

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Free MBA Database: Everything You Need to Research Business Schools an [#permalink]
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FROM Veritas Prep Blog: Free MBA Database: Everything You Need to Research Business Schools and Create Compelling Applications

It’s no secret that pursuing an MBA is a challenging and time consuming process. There are thousands of MBA programs around the world, and it’s your job to find the program best fit for you. It’s easy to identify programs where your GPA and GMAT score fall within the range of accepted candidates, but what about personal fit? Which school or schools will offer you the best environment for your unique personality and future goals?

The Veritas Prep Essential Guide to Top Business Schools is a must-have resource for every elite MBA applicant. Now available for free through the Veritas Prep website, this comprehensive database cuts through the marketing jargon and basic statistics found on any school’s website to offer in-depth analysis and expert advice to gain admission to the world’s most selective graduate business programs.

Use this database to help determine which business school is the best fit for you based on your unique needs. The Essential Guide to Top Business School includes detailed information about the world’s most competitive business schools, including class statistics, academic structure, campus culture, post-MBA employment trends, as well as actionable advice to create compelling applications.

What are you waiting for? Bring yourself one step closer to getting an MBA, and check out the Veritas Prep Essential Guide to Business School for free now!

Getting ready to apply to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! And as always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

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An Introvert’s Guide to Getting Settled in Big Colleges [#permalink]
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FROM Veritas Prep Blog: An Introvert’s Guide to Getting Settled in Big Colleges

Mainstream movies, TV shows, and music would have us believe that large colleges are full of loud parties, heavy drinking, and Greek drama. To some of my fellow bright-eyed high school graduates, the scene was an exciting and alluring one. To others—bookish, quiet introverts like me—the idea was terrifying.

I was relieved to eventually discover that college isn’t just four straight years of toga parties and sorority rushes. For most of my first semester, however, I really thought it was: it seemed like everyone around me was partying every night, and all that ever seemed to appear on my Facebook feed were pictures of proud new pledges waving freshly earned Greek letters. Even at UC Berkeley – 34,000 students strong but hardly considered a party school – I felt plenty of pressure to act more like the toga-wearing, letter-waving characters I’d grown up hearing so much about. The 700-person lecture halls, packed study cafes, and loud dorm buildings only scared me more.

I found my place eventually, but it took me a while to realize that I didn’t have to betray my introvert self to do it. Here’s what I learned:

Not everybody is partying.

Actually, pretty few American college students socialize every night (for more, see this research project). It’s just that people tend to Instagram more often about upcoming parties and their nights out than, say, the nights in their rooms with a book and a bowl of instant mac and cheese. It’s worth going to at least a party or two just to see what it’s like, but you’re not considered weird for preferring work time or lazy time over crowded rooms and sweaty dance floors.

Know how you connect best with people, and then do that.

Do you prefer small groups? Join a campus club or attend events that interest you. Do you connect best through one-on-one interactions? Say hello to the student next to you in lecture, or invite your dorm floormate out for a coffee.

Unlike high school, college won’t often create small-group social interactions for you – you’ll have to take the initiative to plan them yourself – but that doesn’t mean there aren’t plenty of people happy to interact with you in that way. Parties and giant welcome events aren’t the only way to find friends.

Find your hideaways.

Look for quieter areas of campus and less-frequented cafes. Head to higher or lower floors of campus libraries instead of parking near the main entrance. Peaceful surroundings will help you settle back into yourself and store up enough energy to re-enter the fray when you’re ready.

Recognize that your bedroom might not be your refuge anymore.

If you live in a dorm and/or have one or more roommates, you may not be able to come home at the end of a long school day to a quiet space. Instead, try using your time away from home as your break from socializing so you can save up enough social energy for the evenings. Take walks between classes, sit on your own during lectures instead of next to classmates you know, or find a quiet place on or near campus to eat your lunch alone.

Remember that smaller classes are often more socially intense than large lectures.

People tend to keep to themselves in large lectures, so it’s easy to avoid draining small talk just by blending into the crowd. In smaller classes, however, you’re more visible and more likely to be approached. Smaller classes offer great academic benefits, like closer relationships with professors and more personalized learning, so the answer isn’t to avoid small classes. Instead, consider setting up your schedule in a way that avoids stacking too many small classes into the same day, or in time slots too close together, to save yourself enough time to take a social break if you need to.

Be proactive in finding your circle of friends.

Introverts tend to prefer having a few meaningful friends over meeting a slew of acquaintances. The nice part about big colleges is that they’re big enough that you can be sure there are people around who share your interests. The frustrating part is that you have to sift through thousands of other people in order to find them. The only answers here are persistence and luck – choose classes, extracurriculars, and social events that you’re interested in, and be open enough to socializing with strangers that you can give yourself a chance to form close connections.

Do you still need help with your college applications? We can help! Visit our College Admissions website and register to attend one of our FREE Online College Workshops! And as always, be sure to follow us on Facebook, YouTube, Google+, and Twitter!

Courtney Tran is a student at UC Berkeley, studying Political Economy and Rhetoric. In high school, she was named a National Merit Finalist and National AP Scholar, and she represented her district two years in a row in Public Forum Debate at the National Forensics League National Tournament.

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How to Answer the “Post-MBA Goal” Question in 3 Steps [#permalink]
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FROM Veritas Prep Blog: How to Answer the “Post-MBA Goal” Question in 3 Steps

One daunting, yet common question every business school candidate must answer at some point during the MBA application process is, “What are your post-MBA goals?”

In many cases, applicants do not have a concrete answer to this question – they just know that they don’t like where they currently are, but do not have clear post-MBA goals in mind. This kind of applicant will usually answer this question with something like, “I’ll explore my options during the program and go from there.”

While this is understandable, answering the question in this way could make the applicant come across as being unfocused, and doubts would arise as to whether the applicant has thought about his or her MBA goals properly. In these cases, it would be better for applicants to research likely post-MBA career paths with respect to their experiences and interests. This will allow them to state realistic post-MBA options, while also explicitly showing fit with the business schools they are interested in.

All things equal (as Econ professors love to say), identifying specifics will be the best way to go when discussing your future plans. Let’s examine 3 ways you can better define your post-business school goals to the Admissions committee:

1) Identify Career Fit with Your Personal Background

You would want to identify a goal that an MBA can help you achieve – that investing in a particular business school will create real value for you. In line with this, the Admissions Committee will evaluate how worthwhile and realistic your goal is given your previous experiences, current skill set, and potential future path with the school. This could include your academic potential, international exposure, work experiences, network, and personal passions.

Highlighting your unique qualities, track record of accomplishments, and resources you can leverage to make your future goals a reality is part of convincing the Admissions Committee of the feasibility of your post-MBA goal.

2) Showcase Your Knowledge of the Job Market

Identifying potential roles and the target market for yourself post-MBA, in the same way you would if you were creating a business plan for a new entrepreneurial venture, would clearly show the feasibility of your MBA plans. Matching your selling points in terms of knowledge, skills, abilities and experiences with the job market will be part of this process.

If possible, identify specific roles, companies, industries, and locations that are an ideal match for you – reaching out to people who have gone down a similar career path to the one you are interested in would help you determine if that particular track and the day-to-day realities that they experience match with your vision.

3) Emphasize Your Interest in This MBA Program

Finally, demonstrating keen interest in a particular MBA program by identifying how its culture, courses and clubs would fit your goals communicates a well-thought out plan. This will show the Admissions Committee that you took time to genuinely reflect on your personal development and what their unique school has to offer. Your interest will also help convince Admissions that you will readily accept a slot into their MBA program, if offered one.

With these tips in mind, be sure to invest your time and effort in researching the specifics of your target MBA programs and demonstrate that you have done so. If you are not yet confident in your answer to the post-MBA goal question, now is a great time to reflect and research – not only will a great answer to this question it strengthen your MBA application chances, but it will also give you clarity on the next stage of your life.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Written by Edison Cu, a Veritas Prep Head Consultant for INSEAD.

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Solving GMAT Standard Deviation Problems By Using as Little Math as Po [#permalink]
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FROM Veritas Prep Blog: Solving GMAT Standard Deviation Problems By Using as Little Math as Possible

The other night I taught our Statistics lesson, and when we got to the section of class that deals with standard deviation, there was a familiar collective groan – not unlike the groan one encounters when doing compound interest, or any mathematical concept that, when we learned it in school, involved an intimidating-looking formula.

So, I think it’s time for me to coin an axiom: the more painful the traditional formula associated with a given topic, the simpler the actual calculations will be on the GMAT. (Please note, though the axiom is awaiting official mathematical verification by Veritas’ hard-working team of data scientists, the anecdotal evidence in support of the axiom is overwhelming.)

So, let’s talk standard deviation. If you’re like my students, your first thought is to start assembling a list of increasingly frantic questions: Do we need to know that horrible formula I learned in Stats class? (No.) Do we need to know the relationship between variance and Standard deviation? (You just need to know that there is a relationship, and that if you can solve for one, you can solve for the other.) Etc.

So, rather than droning on about what we don’t need to know, let’s boil down what we do need to know about standard deviation. The good news – it isn’t much. Just make sure you’ve internalized the following:

  • The standard deviation is a measure of the dispersion the elements of the set around mean. The farther away the terms are from the mean, the larger the standard deviation.
  • If we were to increase or decrease each element of the set by “x,” the standard deviation would remain unchanged.
  • If we were to multiply each element of the set by “x,” the standard deviation would also be multiplied by “x.”
  • If the mean of a set is “m” and the standard deviation is “d,” then to say that something is within 3 standard deviations of a set is to say that it falls within the interval of (m – 3d) to (m + 3d.) And to say that something is within 2 standard deviations of the mean is to say that it falls within the interval of (m – 2d) to (m + 2d.)
That’s basically it. Not anything to get too worked up about. So, let’s see some of these principles in action to substantiate the claim that we won’t have to do too much arithmetical grinding on these types of questions:

If d is the standard deviation of x, y, z, what is the standard deviation of x+5, y+5, z+5 ?

A) d

B) 3d

C) 15d

D) d+5

E) d+15

If our initial set is x, y, z, and our new set is x+5, y+5, and z+5, then we’re adding the same value to each element of the set. We already know that adding the same value to each element of the set does not change the standard deviation. Therefore, if the initial standard deviation was d, the new standard deviation is also d. We’re done – the answer is A. (You can see this with a simple example. If your initial set is {1, 2, 3} and your new set is {6, 7, 8} the dispersion of the set clearly hasn’t changed.)

Surely the questions get harder than this, you say. They do, but if you know the aforementioned core concepts, they’re all quite manageable. Here’s another one:

Some water was removed from each of 6 tanks. If standard deviation of the volumes of water at the beginning was 10 gallons, what was the standard deviation of the volumes at the end?

1) For each tank, 30% of water at the beginning was removed

2) The average volume of water in the tanks at the end was 63 gallons

We know the initial standard deviation. We want to know if it’s possible to determine the new standard deviation after water is removed. To the statements we go!

Statement 1: If 30% of the water is removed from each tank, we know that each term in the set is multiplied by the same value: 0.7. Well, if each term in a set is multiplied by 0.7, then the standard deviation of the set is also multiplied by 0.7. If the initial standard deviation was 10 gallons, then the new standard deviation would be 10*(0.7) = 7 gallons. And we don’t even need to do the math – it’s enough to see that it’s possible to calculate this number. Therefore, Statement 1 alone is sufficient.

Statement 2: Knowing the average of a set is not going to tell us very much about the dispersion of the set. To see why, imagine a simple case in which we have two tanks, and the average volume of water in the tanks is 63 gallons. It’s possible that each tank has exactly 63 gallons and, if so, the standard deviation would be 0, as everything would equal the mean. It’s also possible to have one tank that had 126 gallons and another tank that was empty, creating a standard deviation that would, of course, be significantly greater than 0. So, simply knowing the average cannot possibly give us our standard deviation. Statement 2 alone is not sufficient to answer the question.

And the answer is A.

Maybe at this point you’re itching for more of a challenge. Let’s look at a slightly tougher one:

7.51; 8.22; 7.86; 8.36

8.09; 7.83; 8.30; 8.01

7.73; 8.25; 7.96; 8.53

A vending machine is designed to dispense 8 ounces of coffee into a cup. After a test that recorded the number of ounces of coffee in each of 1000 cups dispensed by the vending machine, the 12 listed amounts, in ounces, were selected from the data above. If the 1000 recorded amounts have a mean of 8.1 ounces and a standard deviation of 0.3 ounces, how many of the 12 listed amounts are within 1.5 standard deviations of the mean?

A)Four

B) Six

C) Nine

D) Ten

E) Eleven

Okay, so the standard deviation is 0.3 ounces. We want the values that are within 1.5 standard deviations of the mean. 1.5 standard deviations would be (1.5)(0.3) = 0.45 ounces, so we want all of the values that are within 0.45 ounces of the mean. If the mean is 8.1 ounces, this means that we want everything that falls between a lower bound of (8.1 – 0.45) and an upper bound of (8.1 + 4.5). Put another way, we want the number of values that fall between 8.1 – 0.45 = 7.65 and 8.1 + 0.45 = 8.55.

Looking at our 12 values, we can see that only one value, 7.51, falls outside of this range. If we have 12 total values and only 1 falls outside the range, then the other 11 are clearly within the range, so the answer is E.

As you can see, there’s very little math involved, even on the more difficult questions.

Takeaway: remember the axiom that the more complex-looking the formula is for a concept, the simpler the calculations are likely to be on the GMAT. An intuitive understanding of a topic will always go a lot further on this test than any amount of arithmetical virtuosity.

*GMATPrep questions courtesy of the Graduate Management Admissions Council.

Plan on taking the GMAT soon? We have GMAT prep courses starting all the time. And be sure to follow us on FacebookYouTubeGoogle+ and Twitter!

By David Goldstein, a Veritas Prep GMAT instructor based in Boston. You can find more articles written by him here.

The post Solving GMAT Standard Deviation Problems By Using as Little Math as Possible appeared first on Veritas Prep Blog.
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SAT Tip of the Week: Don’t Stress Over the PSAT! [#permalink]
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FROM Veritas Prep Blog: SAT Tip of the Week: Don’t Stress Over the PSAT!

As many of you already know, PSAT stands for Preliminary Scholastic Aptitude Test. What many people might not believe, though, is that “Preliminary” is the most important word in that title. Sophomores and juniors take the PSAT to prepare for the SAT exam, and that preparation is exactly what the PSAT is designed for.

The PSAT helps students determine what sections of the test they need to work on, what kind of score they could expect on the SAT, what SAT questions will look like, how to manage timing on the test, how to handle high-pressure situations, and a host of other things.

Each of these facets is important, and using the PSAT to get familiar with them can be a big boon to students’ scores come test day.

However, it’s crucial to not let the PSAT become a bigger deal than it really is. Except for those rare students in the top 1% of scorers that qualify for National Merit Scholarships, PSAT scores are only important to one person: the person who took the test. Even for those high-scoring students, the PSAT’s primary function is to get students ready for the SAT – the test that truly matters for college admissions.

PSAT scores are designed to help you do better on the real SAT. They are not meant to be a complete reflection on your academic ability or future success in college. For that reason, you should not stress out about the PSAT at all. The scores are meant to get you acclimated with your strengths and weaknesses; they aren’t intended to crush your confidence and make you overly worried about the SAT. When students get nervous before taking the PSAT, or worried after finding out their scores, that represents a real misunderstanding of the role of the PSAT.

To see why it’s totally fine to not treat the PSAT as a life-or-death occurrence, here’s how I approached the PSAT 2 years ago when I took it (yes, it was the old PSAT that corresponded to the 2400 scale SAT, but the general principles of the PSAT’s importance remain the same):

A few days before the PSAT, I looked over a review packet my school gave me and completed and scored the timed practice sessions. The night before, I looked over the practice test, reviewed a little vocab, and went to bed. It was pretty light studying, but I was feeling good – not stressed out at all. I took the test the next day and it seemed like it went well, but when I got my scores back, I had done a lot worse than I thought. Even still, I knew that that my score didn’t really matter, and while it did frustrate me a little bit, I refused to get stressed out and decided to keep a positive attitude as I got to work preparing for the real SAT.

Using my struggles on the PSAT as a framework for studying for the new SAT, I scored an equivalent of 430 points better on the SAT than I did on the PSAT. That’s an incredibly wide disparity, and it proves that a mediocre PSAT score is definitely not the end of the world.

Keep in mind that stress will make your score worse and increase the already enormous amount of pressure you probably feel to get into college. Your score will not be an accurate depiction of what your real SAT score could look like – the score you’d get with a positive attitude and calm demeanor.

So, how should you approach the PSAT? For starters, don’t act as if your future depends on it. Pro tip: it really doesn’t. It’s also important to remember that you can always bounce back from a sub-par PSAT score, and that the test is valuable for a lot more than just a score.

Think of the PSAT as a free check-up – a great way to practice for the real test that also provides a gauge of how you can expect to do on it. When you think of the PSAT like this, you’ll realize that there isn’t much to worry about. You don’t need to spend weeks studying for it, and you definitely don’t need to feel any anxiety about it. Just get acquainted with the test, do some review, and go take a test that only has the potential to help you.

Do you still need help with your college applications? We can help! Visit our College Admissions website and register to attend one of our FREE Online College Workshops! And as always, be sure to follow us on Facebook, YouTube, Google+, and Twitter!

By Aidan Calvelli.

The post SAT Tip of the Week: Don’t Stress Over the PSAT! appeared first on Veritas Prep Blog.
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You’re Fooling Yourself: The GMAT is NOT the SAT! [#permalink]
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FROM Veritas Prep Blog: You’re Fooling Yourself: The GMAT is NOT the SAT!

While a fair number of GMAT test takers study for and complete the exam a number of years into their professional career (the average age of a B-school applicant is 28, a good 6-7 years removed from their undergraduate graduation), you may be one of the ambitious few who is studying for the GMAT during, or immediately following, your undergraduate studies.

There are pros and cons to applying to business school entry straight out of undergraduate – your application lacks the core work experience that many of the higher-tier programs prefer, but unlike the competition, you have not only taken a standardized test in the past 6 years, but you are also (likely) still in the studying mindset and know (versus trying to remember) exactly what it takes to prepare for a difficult exam.

However, you may also fall into a common trap that many younger test takers find themselves in – you decide to tackle the GMAT like your old and recent friend, the SAT.

Now, are there similarities between the GMAT and SAT? Of course.

For starters, the SAT and GMAT are both multiple-choice standardized exams. The math section of the SAT covers arithmetic, geometry, and algebra, just like the quantitative section of the GMAT, with some overlap in statistics and probability. Both exams test a core, basic understanding of English grammar, and ask you to answer questions based on your comprehension of dry, somewhat complex reading passages. The SAT and GMAT also both require you write essays (although the essay on the SAT is now optional), and timing and pacing are issues on both exams, though perhaps more so on the GMAT.

But this is largely where the overlap ends. So, does that mean everything you know and prepped for the SAT should be thrown out the window?

Not necessarily, but it does require a fundamental shift in thinking. While applying your understanding of the Pythagorean Theorem, factorization, permutations, and arithmetic sequences from the SAT will certainly help you begin to tackle GMAT quantitative questions, there are key differences in what the GMAT is looking to assess versus the College Board, and with that, the strategy in tackling these questions should also be quite different.

Simply put, the GMAT is testing how you think, not what you know. This makes sense, when you think about what types of skills are required in business school and, eventually, in the management of business and people. GMAC doesn’t hide what the GMAT is looking to assess – in fact, goals of the GMAT’s assessment are clearly stated on its website:

The GMAT exam is designed to test skills that are highly important to business and management programs. It assesses analytical writing and problem-solving abilities, along with the data sufficiency, logic, and critical reasoning skills that are vital to real-world business and management success. In June 2012, the GMAT exam introduced Integrated Reasoning, a new section designed to measure a test taker’s ability to evaluate information presented in new formats and from multiple sources─skills necessary for management students to succeed in a technologically advanced and data-rich world.

To successfully show that you are a candidate worth considering, in your preparation for the exam, make sure you consider what the right strategy and approach will be. Strategy, strategy, strategy. You need to understand which rabbit holes the GMAT can take you down, what tricks not to fall for (especially via misdirection), and how identification of question types can best inform the next steps you take.

An additional, and really, really important point is to keep in mind is that the GMAT is a computer-adaptive exam, not a pen-and-paper test.

Computer-adaptive means that your answer selection dictates the difficulty level of the next question – stacking itself up to a very accurate assessment of how easily you are able to answer easy, medium, and hard questions. Computer-adaptive also means you are not able to skip around, or go back to questions… including the reading comprehension ones. Just like on any game show, you must select your final answer before moving on.

As a computer-adaptive test, the GMAT not only punishes pacing issues, but can be even more detrimental to those who rush and make careless mistakes in the beginning. To wage war against the CAT format, test takers must be careful and methodical in assessing and answering test questions correctly.

Bottom line: don’t treat the GMAT like the SAT, or assume that because you did well on the SAT, you will also do so on the GMAT (or, vice versa). Make sure you are aware of the components of the GMAT that are different and where the similarities between the two tests end.

Plan on taking the GMAT soon? We have GMAT prep courses starting all the time. And be sure to follow us on FacebookYouTubeGoogle+ and Twitter!

By Ashley Triscuit, a Veritas Prep GMAT instructor based in Boston.

The post You’re Fooling Yourself: The GMAT is NOT the SAT! appeared first on Veritas Prep Blog.
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