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Two days before the Thanksgiving, Amazon announced huge discounts on many products sold on its platform for the purchases to be made on Thanksgiving. On that day, orders worth $500mn were placed. Six days before Christmas, Amazon announced the same discounts on the same products sold on its platform for the purchases to be made on Christmas. On that day, orders worth $2bn were placed. Clearly, the average buyer on Amazon needs more than three days to make a purchase decision.
Which of the following questions should be answered before accepting the argument above as valid?
  • a)
    What was the mean value of all purchases made on Thanksgiving
  • b)
    What was the mean value of all purchases made on Christmas
  • c)
    What percentage of the buyers received a bonus from their respective employers on Christmas
  • d)
    How does the sales volume of this Thanksgiving compare to the last year's
  • e)
    Both A and B
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Two days before the Thanksgiving, Amazon announced huge discounts on m...
The argument states that Amazon announced huge discounts on many products two days before Thanksgiving and on Christmas. On Thanksgiving, $500 million worth of orders were placed, and on Christmas, $2 billion worth of orders were placed. The argument concludes that the average buyer on Amazon needs more than three days to make a purchase decision.
To evaluate the argument, we need to determine if the conclusion is valid or if there are other factors that could explain the difference in order values. Let's examine each answer choice:
(A) What was the mean value of all purchases made on Thanksgiving?
This answer choice is relevant because it provides information about the average purchase value on Thanksgiving. If the average value is significantly lower than $500 million, it could weaken the argument by suggesting that some buyers made larger purchases, thus reducing the average purchase decision time.
(B) What was the mean value of all purchases made on Christmas?
This answer choice is also relevant because it provides information about the average purchase value on Christmas. If the average value is significantly lower than $2 billion, it could weaken the argument by suggesting that some buyers made larger purchases, thus reducing the average purchase decision time.
(C) What percentage of the buyers received a bonus from their respective employers on Christmas?
This answer choice is not directly relevant to the argument. The argument is focused on the time needed to make a purchase decision, not on the bonus recipients.
(D) How does the sales volume of this Thanksgiving compare to last year's?
This answer choice is also not directly relevant to the argument. The argument is concerned with the average purchase decision time, not the comparison of sales volumes between different years.
(E) Both A and B
This answer choice includes both relevant pieces of information. By knowing the mean values of purchases on Thanksgiving and Christmas, we can evaluate whether the argument's conclusion about the average purchase decision time is valid.
Therefore, the correct answer is (E) Both A and B.
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Two days before the Thanksgiving, Amazon announced huge discounts on many products sold on its platform for the purchases to be made on Thanksgiving. On that day, orders worth $500mn were placed. Six days before Christmas, Amazon announced the same discounts on the same products sold on its platform for the purchases to be made on Christmas. On that day, orders worth $2bn were placed. Clearly, the average buyer on Amazon needs more than three days to make a purchase decision.Which of the following questions should be answered before accepting the argument above as valid?a)What was the mean value of all purchases made on Thanksgivingb)What was the mean value of all purchases made on Christmasc)What percentage of the buyers received a bonus from their respective employers on Christmasd)How does the sales volume of this Thanksgiving compare to the last yearse)Both A and BCorrect answer is option 'E'. Can you explain this answer?
Question Description
Two days before the Thanksgiving, Amazon announced huge discounts on many products sold on its platform for the purchases to be made on Thanksgiving. On that day, orders worth $500mn were placed. Six days before Christmas, Amazon announced the same discounts on the same products sold on its platform for the purchases to be made on Christmas. On that day, orders worth $2bn were placed. Clearly, the average buyer on Amazon needs more than three days to make a purchase decision.Which of the following questions should be answered before accepting the argument above as valid?a)What was the mean value of all purchases made on Thanksgivingb)What was the mean value of all purchases made on Christmasc)What percentage of the buyers received a bonus from their respective employers on Christmasd)How does the sales volume of this Thanksgiving compare to the last yearse)Both A and BCorrect answer is option 'E'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Two days before the Thanksgiving, Amazon announced huge discounts on many products sold on its platform for the purchases to be made on Thanksgiving. On that day, orders worth $500mn were placed. Six days before Christmas, Amazon announced the same discounts on the same products sold on its platform for the purchases to be made on Christmas. On that day, orders worth $2bn were placed. Clearly, the average buyer on Amazon needs more than three days to make a purchase decision.Which of the following questions should be answered before accepting the argument above as valid?a)What was the mean value of all purchases made on Thanksgivingb)What was the mean value of all purchases made on Christmasc)What percentage of the buyers received a bonus from their respective employers on Christmasd)How does the sales volume of this Thanksgiving compare to the last yearse)Both A and BCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two days before the Thanksgiving, Amazon announced huge discounts on many products sold on its platform for the purchases to be made on Thanksgiving. On that day, orders worth $500mn were placed. Six days before Christmas, Amazon announced the same discounts on the same products sold on its platform for the purchases to be made on Christmas. On that day, orders worth $2bn were placed. Clearly, the average buyer on Amazon needs more than three days to make a purchase decision.Which of the following questions should be answered before accepting the argument above as valid?a)What was the mean value of all purchases made on Thanksgivingb)What was the mean value of all purchases made on Christmasc)What percentage of the buyers received a bonus from their respective employers on Christmasd)How does the sales volume of this Thanksgiving compare to the last yearse)Both A and BCorrect answer is option 'E'. Can you explain this answer?.
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