According to a recent study on financial roles, one-third of high school seniors say that they have “significant financial responsibilities.” These responsibilities include, but are not limited to, contributing to food, shelter, or clothing for themselves or their families. At the same time, a second study demonstrates that a crisis in money management exists for high school students. According to this study, 80% of high school seniors have never taken a personal finance class even though the same percentage of seniors has opened bank accounts and one-third of these account holders have bounced a check. Which of the following conclusions can be properly drawn from the statements above?
According to a recent study on financial roles, one-third of high school seniors say that they have “significant financial responsibilities.” These responsibilities include, but are not limited to, contributing to food, shelter, or clothing for themselves or their families. At the same time, a second study demonstrates that a crisis in money management exists for high school students. According to this study, 80% of high school seniors have never taken a personal finance class even though the same percentage of seniors has opened bank accounts and one-third of these account holders have bounced a check. Which of the following conclusions can be properly drawn from the statements above?
The correct option is C The number of high school seniors with significant financial responsibilities is greater than the number of seniors who have bounced a check.
(A) Although it might be true that schools would be wise to educate students in finance, this is an opinion; it doesn't necessarily need to follow from the given evidence. A conclusion must be directly supported by evidence from the passage without any additional information or assumptions.
(B) The fact that one-third of high school seniors claim “significant financial responsibilities” to their families does not necessarily mean that these same students work “part-time jobs after school.” There are many possible ways that these students might earn money for their families. If they do work, they might work on weekends or over the summer, for example. (C) The first study states that one-third of all high school seniors have significant financial responsibilities to their families. The second study states that 80% of seniors have opened a bank account, and of this 80%, onethird has bounced a check. The number of seniors that has bounced a check (one-third of 80%) is fewer than the number of seniors with significant financial responsibilities to their families (one-third of 100%).
(D) The passage states that certain high school seniors who contribute to the food, shelter, or clothing for themselves or their families rate themselves as having significant financial responsibilities. This does not mean that any high school senior who contributes to these categories has significant financial responsibilities.
(E) The passage states that one-third of high school seniors say that they have “significant financial responsibilities.” This in no way indicates that the other twothirds have “no” responsibilities. Because no information is given about the other two-thirds of the students, a reasoned conclusion cannot be drawn about them.
(A) Although it might be true that schools would be wise to educate students in finance, this is an opinion; it doesn't necessarily need to follow from the given evidence. A conclusion must be directly supported by evidence from the passage without any additional information or assumptions.
(B) The fact that one-third of high school seniors claim “significant financial responsibilities” to their families does not necessarily mean that these same students work “part-time jobs after school.” There are many possible ways that these students might earn money for their families. If they do work, they might work on weekends or over the summer, for example. (C) The first study states that one-third of all high school seniors have significant financial responsibilities to their families. The second study states that 80% of seniors have opened a bank account, and of this 80%, onethird has bounced a check. The number of seniors that has bounced a check (one-third of 80%) is fewer than the number of seniors with significant financial responsibilities to their families (one-third of 100%).
(D) The passage states that certain high school seniors who contribute to the food, shelter, or clothing for themselves or their families rate themselves as having significant financial responsibilities. This does not mean that any high school senior who contributes to these categories has significant financial responsibilities.
(E) The passage states that one-third of high school seniors say that they have “significant financial responsibilities.” This in no way indicates that the other twothirds have “no” responsibilities. Because no information is given about the other two-thirds of the students, a reasoned conclusion cannot be drawn about them.
