cvfh17
Thanks Received: 0
Forum Guests
 
Posts: 22
Joined: March 30th, 2013
 
 
 

Q1 - country manufacturing

by cvfh17 Sat Mar 30, 2013 9:13 pm

can somebody explain question number 1 please? i don't get it
thanks!
 
sumukh09
Thanks Received: 139
Atticus Finch
Atticus Finch
 
Posts: 327
Joined: June 03rd, 2012
 
This post thanked 1 time.
 
trophy
Most Thanked
trophy
First Responder
 

Re: Q1 - country manufacturing

by sumukh09 Sat Mar 30, 2013 9:30 pm

We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.

1: Fully Utilized ---> Industrial Growth ---> New Capital Investment

2: Reduction in Interest Rate ---> New Capital Investment

Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.

B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.

C) out of scope

D) Not provable given the information in the stim

E) is reversed
User avatar
 
maryadkins
Thanks Received: 641
Atticus Finch
Atticus Finch
 
Posts: 1261
Joined: March 23rd, 2011
 
 
 

Re: Q1 - country manufacturing

by maryadkins Wed Apr 03, 2013 3:41 pm

Good explanation! I'd also add that (C) uses the word "should" which is not going to be something we know from the argument. Also, to elaborate, (D) says:

new capital investment + rising interest rates --> no industrial growth

This twists the logic of the argument around and is unsupported.
 
roflcoptersoisoi
Thanks Received: 0
Atticus Finch
Atticus Finch
 
Posts: 165
Joined: April 30th, 2015
 
 
 

Re: Q1 - country manufacturing

by roflcoptersoisoi Tue Sep 01, 2015 7:47 pm

sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.

1: Fully Utilized ---> Industrial Growth ---> New Capital Investment

2: Reduction in Interest Rate ---> New Capital Investment

Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.

B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.

C) out of scope

D) Not provable given the information in the stim

E) is reversed



If the first logic chain is supposed to be a compound condition statement can you please identify what the necessary and sufficient condition(s) is?
 
doneill3
Thanks Received: 0
Vinny Gambini
Vinny Gambini
 
Posts: 3
Joined: October 29th, 2015
 
 
 

Re: Q1 - country manufacturing

by doneill3 Thu Nov 19, 2015 2:04 pm

I'm not suite sure I understand why the first conditional is not: ~NC----->~IG. The actual statement uses "Without" which I thought we translated to "If not."
I had the whole thing like this: If FU---->[~NC---->~IG] If RIR------->NC. I got to the correct answer, but am still confused as to how I did. Is my diagram correct?
 
roflcoptersoisoi
Thanks Received: 0
Atticus Finch
Atticus Finch
 
Posts: 165
Joined: April 30th, 2015
 
 
 

Re: Q1 - country manufacturing

by roflcoptersoisoi Wed Jun 22, 2016 11:42 am

roflcoptersoisoi Wrote:
sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.

1: Fully Utilized ---> Industrial Growth ---> New Capital Investment

2: Reduction in Interest Rate ---> New Capital Investment

Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.

B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.

C) out of scope

D) Not provable given the information in the stim

E) is reversed



If the first logic chain is supposed to be a compound condition statement can you please identify what the necessary and sufficient condition(s) is?



The first logical chain is an embedded conditional, not a compounded one, so it reads as: MCFU --> ( IG --> NCI)
 
Smokyearlgrey
Thanks Received: 0
Vinny Gambini
Vinny Gambini
 
Posts: 10
Joined: January 07th, 2017
 
 
 

Re: Q1 - country manufacturing

by Smokyearlgrey Tue Apr 11, 2017 1:30 pm

roflcoptersoisoi Wrote:
roflcoptersoisoi Wrote:
sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.

1: Fully Utilized ---> Industrial Growth ---> New Capital Investment

2: Reduction in Interest Rate ---> New Capital Investment

Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.

B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.

C) out of scope

D) Not provable given the information in the stim

E) is reversed



If the first logic chain is supposed to be a compound condition statement can you please identify what the necessary and sufficient condition(s) is?



The first logical chain is an embedded conditional, not a compounded one, so it reads as: MCFU --> ( IG --> NCI)



To elaborate, does embedded mean that

    If A is true, then another conditional statement is true (B ➔ C)

    But compound is like a serious of conditional statements

      A ➔ B ➔ C (A triggers B and B triggers C)

      Am I on the right track?

      Thanks very much!
      User avatar
       
      ohthatpatrick
      Thanks Received: 3808
      Atticus Finch
      Atticus Finch
       
      Posts: 4661
      Joined: April 01st, 2011
       
       
       

      Re: Q1 - country manufacturing

      by ohthatpatrick Tue Apr 11, 2017 1:45 pm

      Yeah, you nailed it.

      And don't worry that this terminology even comes into play much. It's rare to have a "nested/embedded" conditional within one side of a rule.

      Normally when people say "compound" in relation to conditionals, they mean that the left side or right side has an "AND" to it.

      Like if we said
      A and B --> C

      We might call that a "compound trigger"

      A -> B -> C, meanwhile
      we would call a Chain. It's really two separate conditionals (A->B and B->C) that we've chained together.