If the sales of three consecutive years are steadily increasing or steadily decreasing, then it is called a steady trend. The only months in which increasing steady trend is observed are
A. March & June
B. Jan & June
C. April & March
D. Feb & May
By Visual Observation, sales of three consecutive years are steadily increasing in March and April.
In 2000, the ratio of actual to budget was highest in the month of
Ratio of Actual to Budget in Jan. = 100/50 = 2
Ratio of Actual to Budget in Feb. = 500/200 = 2.5
Ratio of Actual to Budget in Mar. = 900/400 = 2.25
Ratio of Actual to Budget in Apr. = 1150/600 = 1.92
Therefore, highest ratio is in February.
Total approximate growth in sales in year 1999, over the previous year was
Total sales in 1998 = 1600 kgs
Total sales in 1999 = 1300 kgs
Therefore,total growth in sales = 100 x (1300-1600)/1600 = -18.76%
The annual budget for 2000 was achieved during
By visual observation, Annual budgeted sale is 1000 Kg, which is achieved in August.
Predictor is the ratio of sales during Jan-Mar quarter to annual sales (budgeted for current year & actual for previous years). The predictor was highest in
D. Can't say
Predictor value in 1998 = 780 / 1600 = 0.4875.
Predictor value in 1999 = 800 / 1310 = 0.6106
Predictor value in 2000 = 900 / 1300 = 0.69
Predictor was highest in 2000.
If some other country had three times as many people of 25 and over in 1989 as the country X with the same number of persons completing 4 years of college or more, what percentage of that country’s people of 25 and over would complete college?
D. Can't say
If country X had 100 people over 25 in year 1989, then 21 were educated. The other country has 300 people over 25.
The number of educated is still 21.
So, as a %age that works out to 21/300 × 100 = 7%.