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Updated on: 22 Dec 2023, 10:05
Originally posted by Sajjad1994 on 06 Apr 2021, 07:15.
Last edited by BottomJee on 22 Dec 2023, 10:05, edited 3 times in total.
Last edited by BottomJee on 22 Dec 2023, 10:05, edited 3 times in total.
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From August 2016 to August 2017, the only category whose sales increased faster than those for the retail and food services industry as a whole was gasoline stations.: No
From the June–August quarter of 2016 to the June–August quarter of 2017, the median percent increase in sales among the categories in the table was less than the total percent increase among all retail and food services.: Yes
Sales at miscellaneous store retailers decreased from June 2017 to August 2017.: No
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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Question Stats:
50% (03:39) correct
50%
(03:19)
wrong
based on 414
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The table indicates the percent change in retail sales revenue for 13 retail categories, as well as for the total retail and food services industry. The sales in August 2017 and July 2017 are compared to sales both in the preceding months and in the corresponding months of the previous year. In addition, the quarterly sales from the period of June–August 2017 are compared to sales both in the preceding quarter and in the corresponding quarter of the previous year. The percent change represents the change in the dollar value of sales.
(Sort ↕ the table by clicking on the headers)
| Type of Business | Aug 2017 from Jul 2017 | Aug 2017 from Aug 2016 | Jul 2017 from June 2017 | Jul 2017 from Jul 2016 | June 2017 - Aug 2017 from Mar 2017 - May 2017 | June 2017 - Aug 2017 from June 2016 - Aug 2016 |
|---|---|---|---|---|---|---|
| Retail and food services, total | 0 | 7.2 | 0.3 | 8.3 | 0.4 | 7.9 |
| Building material, garden equipment, and supplies dealers | 0.2 | 6.7 | -0.5 | 7.2 | 1.5 | 7.3 |
| Clothing and clothing accessories stores | -0.7 | 5.6 | -0.3 | 7 | 1 | 6.8 |
| Electronics and appliance stores | 0.5 | 1.5 | 1.2 | 0 | -0.8 | -0.3 |
| Food and beverage stores | 0.3 | 6.4 | 0.5 | 7.7 | 1.3 | 6.9 |
| Food services and drinking places | -0.3 | 3.9 | -0.4 | 5.4 | 0.4 | 5 |
| Furniture and home furnishings stores | -0.2 | 0.2 | 0.4 | 1 | -1.1 | 0.6 |
| Gasoline stations | 0.3 | 20.8 | 0.9 | 22.4 | -0.4 | 21.9 |
| General merchandise stores | 0.1 | 3.8 | 0.4 | 4.5 | 0.9 | 4.2 |
| Health and personal care stores | 0.2 | 3.5 | 0.5 | 4.4 | 0.7 | 4.1 |
| Miscellaneous store retailers | -2.2 | 7.1 | 2.4 | 10.4 | 2.5 | 8 |
| Motor vehicle and parts dealers | -0.3 | 6.4 | 0.2 | 7.7 | -0.7 | 7.6 |
| Nonstore retailers | 0.5 | 10.4 | 0.3 | 12.7 | 0.6 | 11.6 |
| Sporting goods, hobby, book, and music stores | 2.4 | 7.1 | -1.1 | 3.8 | 0.6 | 5.5 |
| Yes | No | |
| From August 2016 to August 2017, the only category whose sales increased faster than those for the retail and food services industry as a whole was gasoline stations. | ||
| From the June–August quarter of 2016 to the June–August quarter of 2017, the median percent increase in sales among the categories in the table was less than the total percent increase among all retail and food services. | ||
| Sales at miscellaneous store retailers decreased from June 2017 to August 2017. |
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Official Answer
From August 2016 to August 2017, the only category whose sales increased faster than those for the retail and food services industry as a whole was gasoline stations.: No
From the June–August quarter of 2016 to the June–August quarter of 2017, the median percent increase in sales among the categories in the table was less than the total percent increase among all retail and food services.: Yes
Sales at miscellaneous store retailers decreased from June 2017 to August 2017.: No
07 Dec 2022, 10:01
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Mamun200
Well Spotted! The answer is No to the first part of the first question i have edited the same.
Cheers.
