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28 Oct 2023, 02:39
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More than half of the stores reported that the average length of a Friday visit exceeded that of a Monday visit.: True
The store with the highest Friday sale amount was the store with the longest average visit on Friday.: False
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
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75% (02:03) correct
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Data Insights (DI) Butler 2023-24 [Question #80, Date: Oct-30-2023] [Click here for Details]
The following table shows sales figures from 20 stores in a retail chain, compiled to compare activity on Monday with that on Friday. Data include the number of sales and average sales amount, as well as the average duration of a shopper’s visit in minutes.
Number of Sales | Average Sales Amount ($) | Average length of visit (min.) | ||||
| Store | Monday | Friday | Monday | Friday | Monday | Friday |
|---|---|---|---|---|---|---|
| Ashford | 32 | 6 | 175 | 447 | 21.1 | 21.1 |
| Bennington | 36 | 21 | 181 | 460 | 21.9 | 21.9 |
| Carlisle | 38 | 15 | 200 | 481 | 22.1 | 21.9 |
| Depot | 33 | 6 | 159 | 498 | 22.1 | 21.9 |
| Eddington | 39 | 22 | 196 | 513 | 22.1 | 22.1 |
| Farpoint | 40 | 31 | 192 | 512 | 22.3 | 22.5 |
| Greenville | 41 | 32 | 205 | 527 | 22.5 | 22.7 |
| Harrington | 35 | 21 | 173 | 559 | 22.5 | 23.1 |
| Iverton | 38 | 25 | 187 | 585 | 22.7 | 23.1 |
| Jackson | 38 | 30 | 188 | 614 | 23.1 | 23.3 |
| Kiplinger | 33 | 10 | 188 | 646 | 23.1 | 23.5 |
| Landfield | 40 | 20 | 240 | 675 | 23.1 | 24.1 |
| Midville | 36 | 22 | 175 | 711 | 23.1 | 24.1 |
| Northfield | 32 | 9 | 168 | 719 | 23.1 | 24.1 |
| Overton | 44 | 38 | 246 | 716 | 23.3 | 24.9 |
| Princeville | 33 | 10 | 160 | 716 | 23.9 | 22.7 |
| Queensland | 41 | 27 | 215 | 716 | 21.9 | 23.1 |
| Riverton | 34 | 12 | 159 | 735 | 21.9 | 23.1 |
| Southland | 34 | 10 | 146 | 860 | 22.1 | 23.1 |
| Tuxedo | 44 | 28 | 219 | 585 | 22.5 | 23.5 |
Consider each of the following statements. For each statement, indicate whether the statement is true or false, based on the information provided in the table.
Question #1 based on the same table is available here
| True | False | |
| More than half of the stores reported that the average length of a Friday visit exceeded that of a Monday visit. | ||
| The store with the highest Friday sale amount was the store with the longest average visit on Friday. |
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Official Answer
More than half of the stores reported that the average length of a Friday visit exceeded that of a Monday visit.: True
The store with the highest Friday sale amount was the store with the longest average visit on Friday.: False
05 Nov 2023, 20:05
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Kindly post OA explanation.
06 Nov 2023, 09:59
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Official Explanation
Statement 1
Compare values for lengths of visits on Monday with those from Friday for the same store. Count the number of stores for which the Friday value is larger. Fourteen of twenty stores report longer visits on Friday.
Answer: True
Statement 2
Sort on average sales amount for Friday, and identify the store with the highest sales amount as Southland ($860). Re-sort on the length of Friday visits, and see that the store reporting the longest visit was Overton.
Answer: False
Statement 1
Compare values for lengths of visits on Monday with those from Friday for the same store. Count the number of stores for which the Friday value is larger. Fourteen of twenty stores report longer visits on Friday.
Answer: True
Statement 2
Sort on average sales amount for Friday, and identify the store with the highest sales amount as Southland ($860). Re-sort on the length of Friday visits, and see that the store reporting the longest visit was Overton.
Answer: False
