Scoobinski

Just to give you some further evidence from my experience, during one of my undergrad finance courses at UNSW, we had a visiting professor from one of the top tier universities in Canada. During the opening lectures he explained that he would examine us to the same standard as the courses he taught in Canada. The average grade for the mid-term exam ended up at around 85% (A Grade). The head of the faculty promptly advised the professor that the bell curve, with an average of 60-65% needed to be maintained. Needless to say he did so, and the average for the final exam ended up at around 30%! (from memory), dragging the subject average back to 60%. Less than 5% of students typically earned High Distinctions (or A's), less than 15% Distinctions (B's) and approx 35% earned Credits (C's). So according to the normal GPA calculation, around half of the class would have a GPA of less than 2. As you say, this is clearly different to the experience of US schools.

Firstly Congratulations... I can only imagine how I would react if that score appeared on my screen! Less than a month to go to find out:tup: . Secondly, having done your undergrad in NZ (I am from Australia), you really need to be careful converting your grades into a GPA. Although many schools would be aware of the differences in Commonwealth country grading versus US and Canadian, it is definitely worth pointing out. If I applied the typical scoring grid to my Australian degree, I would be lucky to get higher than a 2.5, but according to several Canadian universities that have an international conversion grid, my GPA is actually 3.63. If you're performance at the GMAT is any indication, a true reflection of your grades is unlikely to be as low as you believe. Hope this helps. I would definitely set my sights at some of the top-tier MBAs with your background. They are always looking for cultural and regional diversity in their classes, so for us Aussies and Kiwis (preferably with some international experience), we have a noteworthy advantage. Scoob.

OA is B. Apologies, must've been the lack of sleep! :sleepy:

Whenever Martin has a restaurant bill with an amount between $10 and $99, he calculates the dollar amount of the bill as 2 times the tens digit of the amount of his bill. If the amount of Martin's most recent restaurant bill was between $10 and $99, was the tip calculated by Martin greater than 15% of the amount of the bill? (1) The amount of the bill was between $15 and $50 (2) The tip calculated by Martin was $8. The OA explanation seems wrong. Any opinions? OG DS #269.

A swim club that sold only individual and family memberships charged $300 for an individual membership. If the club's total revenue from memberships was $480,000, what was the charge for a family membership? (1) The revenue from individual memberships was 1/4 of the total revenue from memberships. (2) The club sold 1.5 times as many family memberships as individual memberships.

I would say (a)

I would say that C is the answer. Starting with x^2/y +1 We know with (2) that the minimum of the equation is 1, as the minimum of x^2/y is apparent when x=0 - which is possible according to the data in (2). However, in order to find the maximum, we need to know the lower bound of y. With (2) we would choose x=5, but (2) doesn't tell us the lower bound, c, and therefore, I would agree with posts above that C is the answer.