We have recorded the sales for the top three car models sales in the micro segme

Question

We have recorded the sales for the top three car models sales in the micro segment in Australia. Two bar graphs of the annual sales are shown. Part A) Based on the graph, would Great Wall prefer Graph or Graph 2 in order to highlight their annual sales? Graph 2 Graph 1 Both Neither Part B As a neutral researcher, what graph best depicts the annual sales of the top three car models? Graph 1 Graph 2 Both Neither Part C) If annual total sales in the micro segment are 1784, what is the market share of Hyundai? Answer: _______ Part D) If the annual sales for Ford is forecast to increase 20% next year, what is their predicted sales to the nearest whole number? Answer: _______ Part E) Hyundai's annual sales growth are predicted to be completely flat next year. How will the annual sales of Ford compare to Hyundai? They will be larger. They will be equal. They will remain smaller. None of the above.

Explanation / Answer

Part A) Great wall would prefer graph 2 in order to highlight its annual sale. Option 1) is correct.'

Part B) As a neutral researcher, graph 1 would best depicts the annual sales of tope 3 car models. Option 1) is correct.

Part C) Market share of Hyundai

= 337/1784

= 0.1889 or 18.89% (Rounded off to 4 decimal places in proportion and 2 decimal places in percentage)

Part D) Predicted annual sales of ford

= 310*1.2 = 372

Part E) If Hyundai sales will be flat and ford sales will be increased by 20% then ford sale will be larger as compared to Hyundai.

Option A is correct.

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