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Expert replies
by karthikpandian19 » Wed May 09, 2012 10:47 pm
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.

(C) 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.

[spoiler]Actual Answer : A

Explanation
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.[/spoiler]
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Source: — Critical Reasoning |

by agarwalva » Mon May 14, 2012 3:30 pm
Will E be a contender if it was

(E) you don't need a formal college degree to be an entrepreneur.
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by karthikpandian19 » Mon May 14, 2012 4:32 pm
Can any GMAT EXPERT provide explanation for this CR (for all options)?
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by Bill@VeritasPrep » Mon May 14, 2012 5:42 pm
It's another Crack-GMAT question where I disagree with the OA.

The stimulus contains nothing about immediate vs. long-term, so A requires you to make the assumption that education is the immediate gain and entrepreneurial success is the larger benefit.

B is too broad; there may be other factors involved.

C tries to draw a universal conclusion from specific evidence.

D draws a comparison for which we have no information.

I think E fits best. The stimulus provides examples of entrepreneurs who were not educated.
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by abhi.iitb » Wed May 16, 2012 3:50 am
Hi Bill,
I have one doubt in option E. If I consider E as a right ans then we assume that educated means college graduate but from the given argument we can not conclude the same.

I hope that I am making my doubt clear to you.
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by hey_thr67 » Wed May 16, 2012 10:20 am
I agree with Bill that option A requires us to assume a lot. Option E ,otherwise, requires us to assume a bit less.
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by Bill@VeritasPrep » Wed May 16, 2012 1:33 pm
abhi.iitb wrote:Hi Bill,
I have one doubt in option E. If I consider E as a right ans then we assume that educated means college graduate but from the given argument we can not conclude the same.

I hope that I am making my doubt clear to you.
You could definitely make that argument, but I would say that's still a safer link to draw than what A requires us to assume.
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