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Based on the line graph depicting the sales of three products over a year, which
Practice Questions
Q1
Based on the line graph depicting the sales of three products over a year, which product showed the highest growth rate in the last quarter?
Product A
Product B
Product C
None of the above
Questions & Step-by-Step Solutions
Based on the line graph depicting the sales of three products over a year, which product showed the highest growth rate in the last quarter?
Steps
Concepts
Step 1: Look at the line graph that shows the sales of three products over the year.
Step 2: Identify the last quarter of the year on the graph (usually the last three months).
Step 3: Check the sales numbers for each product during the last quarter.
Step 4: Compare the sales numbers of each product at the beginning and end of the last quarter.
Step 5: Calculate the growth rate for each product by finding the difference in sales from the start to the end of the last quarter.
Step 6: Determine which product had the largest increase in sales during this time.
Growth Rate Analysis
– Understanding how to calculate and compare the growth rates of different products based on sales data.
Data Interpretation
– Interpreting visual data from a line graph to draw conclusions about trends and performance.
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