Study the given table and select the most appropriate option to fill in the blanks.
Consider the data of sales of products, A, B and C, by three companies, X, Y and Z, in the table given below.
| Company / Product | A | B | C |
|---|---|---|---|
| X | 2750 | 3250 | 2250 |
| Y | 2500 | 3000 | 1750 |
| Z | 3500 | 3150 | 2400 |
The highest average sale per company is for the product _____ and the lowest average sale per product is for the company _____.
Correct Answer :
B; Y
Solution :
The correct option is B; Y.
Step 1: Find the product with the highest average sale per company.
To find the average sale per company for each product, sum the sales of each product across companies X, Y, and Z, and divide by 3:
Average sale for Product A:
Average sale for Product B:
Average sale for Product C:
Comparing the average sales of products A, B, and C, the highest average sale per company is for product B.
Step 2: Find the company with the lowest average sale per product.
To find the average sale per product for each company, sum the sales of products A, B, and C for each company, and divide by 3:
Average sale for Company X:
Average sale for Company Y:
Average sale for Company Z:
Comparing the average sales per product for companies X, Y, and Z, the lowest average sale is for company Y.
Hence, the most appropriate option to fill in the blanks is B; Y.
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