LSAT 69 – Section 4 – Question 19
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Question QuickView |
Type | Tags | Answer Choices |
Curve | Question Difficulty |
Psg/Game/S Difficulty |
Explanation |
---|---|---|---|---|---|---|---|
PT69 S4 Q19 |
+LR
| Weaken +Weak | A
2%
155
B
2%
154
C
3%
157
D
45%
163
E
49%
166
|
150 165 180 |
+Hardest | 148.326 +SubsectionMedium |
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The stimulus has the economists proposing an argument that buying lotteries tickets is dumb. Why? Because on average, you pay in way more than you take out.
The author argues that the economists are wrong. What's his argument?
He says that buying lottery tickets are analogous to buying insurance (tickets, if you will). How are they similar? Because on average, you pay in way more than you take out.
Okay, that's all well and good. Let's remember that this is an argument by analogy so we need to show where insurance isn't like the lottery.
What are you buying with insurance? You're paying more on average than you take out of it. So what are you buying? You're buying *insurance*. You're buying protection from risk, that if by some terrible stroke of misfortune, you should get hit by a car, you'll be financially covered.
What are you buying with lotteries? You're buying a chance to win some large amount of money.
Since we know that this is an argument by analogy, you have to point out where this argument isn't analogous. That's what (E) does. (E) tells that people value protection from risk way more than they value the chance to win a lot of cash. Well, if that's true, then the author's analogy doesn't work so well anymore.
(D) is the attractive answer choice. But it's wrong because (1) we don't care about the "grand" prize and (2) simply knowing odds doesn't matter much - we also have to know the amount to be weighed against those odds.
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LSAT PrepTest 69 Explanations
Section 1 - Logical Reasoning
- Question 01
- Question 02
- Question 03
- Question 04
- Question 05
- Question 06
- Question 07
- Question 08
- Question 09
- Question 10
- Question 11
- Question 12
- Question 13
- Question 14
- Question 15
- Question 16
- Question 17
- Question 18
- Question 19
- Question 20
- Question 21
- Question 22
- Question 23
- Question 24
- Question 25
Section 2 - Logic Games
Section 3 - Reading Comprehension
- Passage 1 – Passage
- Passage 1 – Questions
- Passage 2 – Passage
- Passage 2 – Questions
- Passage 3 – Passage
- Passage 3 – Questions
- Passage 4 – Passage
- Passage 4 – Questions
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