Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.
Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.
Nothing is mentioned about this in the argument.
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.
Retaining personnel from other divisions is specified in the argument
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.
Both Retaining personnel and renew fewer policies can be used for decreasing fraudulent claims but using both of them together would be more benficial is not specified.
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.
Comparison is not specified in the argument.
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.
This is the closest as it is one of the options for decreasing fraud claims
I am confused between option B and E.
But I would go with E.
Close call b/w B and E.But there is no solid proof about B.So I'm gng with option E
Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.Not there in argument
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.correct
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.Either of them mentioned in argument
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.Comparison not clear through argument
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.Not clear through argument
My explanation and answer is in color.
Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.
i feel the answer is C.. each of the others is way too extreme.. wats de OA??
Isnt A a possible answer?. I mean from the first and second sentence we can infer that the strategies to decrease fraudulent claims is being achieved by decreasing the no. of questionable claims. Every other option gives the means to achieve this but do not discuss the end solution.
My Pick is B.
E is close but it says only exposure "fraud". We are talking about "fraudulant claims" not fraud in general.
C is worth considering too but the argument never says what happens when both parameters are put into action. Besides, comparison with other company is out of scope.
Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.
OA is B.......
Please share the explanations...
Insurance companies decrease their exposure to fraudulent claims by increasing the ratio of insurance claim specialists available to go out into the field to the number of open policies they currently hold. The more claim specialists that are available to go out into the field, the higher the number of questionable claims that are rejected. Some insurance companies can increase their claim specialist to open policy ratio by retraining personnel from other divisions or by not renewing some of their current policies when the time comes.
The statements above, if true, best support which of the following assertions?
(A) Rejecting more questionable claims is the best way to decrease exposure to fraudulent claims.
(B) Retraining personnel to become claim specialists decreases the exposure of insurance companies to fraudulent claims.
(C) Insurance companies that retrain personnel and renew fewer policies when the time comes will decrease their exposure to fraudulent claims more than a company that just did one or the other.
(D) Insurance companies avoid more fraudulent claims by increasing the number of claim specialists than by any other method.
(E) Some insurance companies can decrease their exposure to fraud by limiting the number of open claims they renew.
A may be true but not within the scope of given argument. Argument is discussing just one of the ways to reduce exposure.
"Best way" is too extreme to apply here.
Riva_M SaysIsnt A a possible answer?. I mean from the first and second sentence we can infer that the strategies to decrease fraudulent claims is being achieved by decreasing the no. of questionable claims. Every other option gives the means to achieve this but do not discuss the end solution.
1. Doctor: Research shows that adolescents who play video games on a regular basis are three times as likely to develop carpal tunnel syndrome as are adolescents who do not play video games. Federal legislation that prohibits the sale of video games to minors would help curb this painful wrist condition among adolescents.
The doctors conclusion depends on which of the following assumptions?
a. The majority of federal legislators would vote for a bill that prohibits the sale of video games to minors.
b. Not all adolescents who play video games on a regular basis suffer from carpal tunnel syndrome.
c. Playing video games is the only way an adolescent can develop carpal tunnel syndrome.
d. Most parents would refuse to purchase video games for their adolescent children.
e. The regular playing of video games by adolescents does not produce such beneficial effects as better hand-eye coordination and improved reaction time.
2. On Monday, Daisys Lemonade Stand sold lemonade at 20 cents per cup. The Lemon Shack sold lemonade at 30 cents per cup. At the end of the day, Daisys Lemonade Stand and the Lemon Shack reported identical revenues and identical profits.
The statements above best support which of the following assertions?
a. On Monday, Daisys Lemonade Stand sold fewer cups of lemonade than did the Lemon Shack.
b. The Lemon Shack sells higher quality lemonade than does Daisys Lemonade Stand.
c. On Monday, Daisys Lemonade Stand and the Lemon Shack incurred identical costs to run their businesses.
d. In general, lemonade consumers prefer the lemonade at Daisys Lemonade Stand to the Lemonade at the Lemon Shack.
e. The Lemon Shack would not increase its revenues by lowering its prices.
1. Doctor: Research shows that adolescents who play video games on a regular basis are three times as likely to develop carpal tunnel syndrome as are adolescents who do not play video games. Federal legislation that prohibits the sale of video games to minors would help curb this painful wrist condition among adolescents.
The doctors conclusion depends on which of the following assumptions?
a. The majority of federal legislators would vote for a bill that prohibits the sale of video games to minors. - irrelevant
b. Not all adolescents who play video games on a regular basis suffer from carpal tunnel syndrome. - we are concerned about likelihood of developing carpal tunnel
c. Playing video games is the only way an adolescent can develop carpal tunnel syndrome. - comes close to answer ..but better avoid extreme nature of the assumption 'only way'
d. Most parents would refuse to purchase video games for their adolescent children. - the doctor conlcudes that federal legislation will stop sale of video games to minors. So if the parents buy it from the shop and give it to the children the legislation will fail.
e. The regular playing of video games by adolescents does not produce such beneficial effects as better hand-eye coordination and improved reaction time. - irrelevant
2. On Monday, Daisys Lemonade Stand sold lemonade at 20 cents per cup. The Lemon Shack sold lemonade at 30 cents per cup. At the end of the day, Daisys Lemonade Stand and the Lemon Shack reported identical revenues and identical profits.
The statements above best support which of the following assertions?
a. On Monday, Daisys Lemonade Stand sold fewer cups of lemonade than did the Lemon Shack.
b. The Lemon Shack sells higher quality lemonade than does Daisys Lemonade Stand.
c. On Monday, Daisys Lemonade Stand and the Lemon Shack incurred identical costs to run their businesses. - profit = revenue - cost. profit is identical, revenue is identical... hence costs must be identical.
d. In general, lemonade consumers prefer the lemonade at Daisys Lemonade Stand to the Lemonade at the Lemon Shack.
e. The Lemon Shack would not increase its revenues by lowering its prices.
A and C
Reasoning in red ... answers in bold
1. Doctor: Research shows that adolescents who play video games on a regular basis are three times as likely to develop carpal tunnel syndrome as are adolescents who do not play video games. Federal legislation that prohibits the sale of video games to minors would help curb this painful wrist condition among adolescents.
The doctors conclusion depends on which of the following assumptions?
a. The majority of federal legislators would vote for a bill that prohibits the sale of video games to minors.
b. Not all adolescents who play video games on a regular basis suffer from carpal tunnel syndrome.
c. Playing video games is the only way an adolescent can develop carpal tunnel syndrome.
d. Most parents would refuse to purchase video games for their adolescent children.
e. The regular playing of video games by adolescents does not produce such beneficial effects as better hand-eye coordination and improved reaction time.
2. On Monday, Daisys Lemonade Stand sold lemonade at 20 cents per cup. The Lemon Shack sold lemonade at 30 cents per cup. At the end of the day, Daisys Lemonade Stand and the Lemon Shack reported identical revenues and identical profits.
The statements above best support which of the following assertions?
a. On Monday, Daisys Lemonade Stand sold fewer cups of lemonade than did the Lemon Shack.
b. The Lemon Shack sells higher quality lemonade than does Daisys Lemonade Stand.
c. On Monday, Daisys Lemonade Stand and the Lemon Shack incurred identical costs to run their businesses.
d. In general, lemonade consumers prefer the lemonade at Daisys Lemonade Stand to the Lemonade at the Lemon Shack.
e. The Lemon Shack would not increase its revenues by lowering its prices.
My take is
1. D
2. C
waiting for OA
Vorlands government is planning a nationwide ban on smoking in restaurants. The objection that the ban would reduce restaurants revenues is ill founded. Several towns in Vorland enacted restaurant smoking restrictions five years ago. Since then, the amount the government collects in restaurant meal taxes in those towns has increased 34 percent, on average, but only 26 percent elsewhere in Vorland. The amount collected in restaurant meal taxes closely reflects restaurants revenues. Which of the following, if true, most undermines the defense of the governments plan?
A. When the state first imposed a restaurant meal tax, opponents predicted that restaurants revenues would decline as a result, a prediction that proved to be correct in the short term.
B. The tax on meals in restaurants is higher than the tax on many other goods and
services.
C. Over the last five years, smoking has steadily declined throughout Vorland.
D. In many of the towns that restrict smoking in restaurants, restaurants can maintain separate dining areas where smoking is permitted.
E. Over the last five years, government revenues from sales taxes have grown no
faster in the towns with restaurant smoking restrictions than in the towns that have no such restrictions.
A. When the state first imposed a restaurant meal tax, opponents predicted that restaurants revenues would decline as a result, a prediction that proved to be correct in the short term.
B. The tax on meals in restaurants is higher than the tax on many other goods and
services.
C. Over the last five years, smoking has steadily declined throughout Vorland.
D. In many of the towns that restrict smoking in restaurants, restaurants can maintain separate dining areas where smoking is permitted.
E. Over the last five years, government revenues from sales taxes have grown no
faster in the towns with restaurant smoking restrictions than in the towns that have no such restrictions.
Frobisher, a sixteenth-century English explorer, had soil samples from Canada's Kodlunarn Island examined for gold content. Because high gold content was reported, Elizabeth I funded two mining expeditions. Neither expedition found any gold there. Modern analysis of the island's soil indicates a very low gold content. Thus the methods used to determine the gold content of Frobisher's samples must have been inaccurate.
Which of the following is an assumption on which the argument depends?
A. The gold content of the soil on Kodlunarn Island is much lower today than it was in the sixteenth century.
B. The two mining expeditions funded by Elizabeth I did not mine the same part of Kodlunarn Island.
C. The methods used to assess gold content of the soil samples provided by Frobisher were different from those generally used in the sixteenth century.
D. Frobisher did not have soil samples from any other Canadian island examined for gold content.
E. Gold was not added to the soil samples collected by Frobisher before the samples were examined.
Vorlands government is planning a nationwide ban on smoking in restaurants. The objection that the ban would reduce restaurants revenues is ill founded. Several towns in Vorland enacted restaurant smoking restrictions five years ago. Since then, the amount the government collects in restaurant meal taxes in those towns has increased 34 percent, on average, but only 26 percent elsewhere in Vorland. The amount collected in restaurant meal taxes closely reflects restaurants revenues. Which of the following, if true, most undermines the defense of the governments plan?
A. When the state first imposed a restaurant meal tax, opponents predicted that restaurants revenues would decline as a result, a prediction that proved to be correct in the short term.
B. The tax on meals in restaurants is higher than the tax on many other goods and
services.
C. Over the last five years, smoking has steadily declined throughout Vorland.
D. In many of the towns that restrict smoking in restaurants, restaurants can maintain separate dining areas where smoking is permitted.
E. Over the last five years, government revenues from sales taxes have grown no
faster in the towns with restaurant smoking restrictions than in the towns that have no such restrictions.
Will go with A
Frobisher, a sixteenth-century English explorer, had soil samples from Canada's Kodlunarn Island examined for gold content. Because high gold content was reported, Elizabeth I funded two mining expeditions. Neither expedition found any gold there. Modern analysis of the island's soil indicates a very low gold content. Thus the methods used to determine the gold content of Frobisher's samples must have been inaccurate.
Which of the following is an assumption on which the argument depends?
A. The gold content of the soil on Kodlunarn Island is much lower today than it was in the sixteenth century.
B. The two mining expeditions funded by Elizabeth I did not mine the same part of Kodlunarn Island.
C. The methods used to assess gold content of the soil samples provided by Frobisher were different from those generally used in the sixteenth century.
D. Frobisher did not have soil samples from any other Canadian island examined for gold content.
E. Gold was not added to the soil samples collected by Frobisher before the samples were examined
will go with E
IMO D.
It points out a flaw in the argument. Its not the restriction in smoking but probably the separation of smoking area which has trigered the growth in tax.
Vorlands government is planning a nationwide ban on smoking in restaurants. The objection that the ban would reduce restaurants revenues is ill founded. Several towns in Vorland enacted restaurant smoking restrictions five years ago. Since then, the amount the government collects in restaurant meal taxes in those towns has increased 34 percent, on average, but only 26 percent elsewhere in Vorland. The amount collected in restaurant meal taxes closely reflects restaurants revenues. Which of the following, if true, most undermines the defense of the governments plan?
A. When the state first imposed a restaurant meal tax, opponents predicted that restaurants revenues would decline as a result, a prediction that proved to be correct in the short term.
B. The tax on meals in restaurants is higher than the tax on many other goods and
services.
C. Over the last five years, smoking has steadily declined throughout Vorland.
D. In many of the towns that restrict smoking in restaurants, restaurants can maintain separate dining areas where smoking is permitted.
E. Over the last five years, government revenues from sales taxes have grown no
faster in the towns with restaurant smoking restrictions than in the towns that have no such restrictions.
Darth Maul SaysWill go with A
nope..
IMO C.
Others either go against the given premise or are irelevant. E is little close but it indicates that conclusion is wrong. We don't have to defy the conclusion here.
Frobisher, a sixteenth-century English explorer, had soil samples from Canadas Kodlunarn Island examined for gold content. Because high gold content was reported, Elizabeth I funded two mining expeditions. Neither expedition found any gold there. Modern analysis of the islands soil indicates a very low gold content. Thus the methods used to determine the gold content of Frobishers samples must have been inaccurate.
Which of the following is an assumption on which the argument depends?
A. The gold content of the soil on Kodlunarn Island is much lower today than it was in the sixteenth century.
B. The two mining expeditions funded by Elizabeth I did not mine the same part of Kodlunarn Island.
C. The methods used to assess gold content of the soil samples provided by Frobisher were different from those generally used in the sixteenth century.
D. Frobisher did not have soil samples from any other Canadian island examined for gold content.
E. Gold was not added to the soil samples collected by Frobisher before the samples were examined.
Vorlands government is planning a nationwide ban on smoking in restaurants. The objection that the ban would reduce restaurants revenues is ill founded. Several towns in Vorland enacted restaurant smoking restrictions five years ago. Since then, the amount the government collects in restaurant meal taxes in those towns has increased 34 percent, on average, but only 26 percent elsewhere in Vorland. The amount collected in restaurant meal taxes closely reflects restaurants revenues. Which of the following, if true, most undermines the defense of the governments plan?
A. When the state first imposed a restaurant meal tax, opponents predicted that restaurants revenues would decline as a result, a prediction that proved to be correct in the short term.
B. The tax on meals in restaurants is higher than the tax on many other goods and
services.
C. Over the last five years, smoking has steadily declined throughout Vorland.
D. In many of the towns that restrict smoking in restaurants, restaurants can maintain separate dining areas where smoking is permitted.
E. Over the last five years, government revenues from sales taxes have grown no
faster in the towns with restaurant smoking restrictions than in the towns that have no such restrictions.
IMO: D
C, E - Irrelevant
B - Strengthens
A - Talks about short term, somehow does not seem sufficient.