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What does the data suggest about consumer preferences for Product B?

Practice Questions

Q1
What does the data suggest about consumer preferences for Product B?
  1. It is declining in popularity.
  2. It is consistently popular.
  3. It had a peak in Q3.
  4. It is the least preferred.

Questions & Step-by-Step Solutions

What does the data suggest about consumer preferences for Product B?
  • Step 1: Look at the sales numbers for Product B over a period of time.
  • Step 2: Check if the sales numbers are high or low.
  • Step 3: See if the sales numbers stay the same or change a lot.
  • Step 4: If the sales numbers are high and stay the same, it means people like Product B.
  • Step 5: Conclude that Product B is popular based on the steady sales.
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