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The sales category with the largest percent decrease in sales from the March–May 2017 quarter to the June–August 2017 quarter also had the lowest percentage growth from July 2016 to July 2017.: No
Among industries whose sales decreased from the March–May 2017 quarter to the June–August 2017 quarter, gasoline stations experienced the smallest percent decrease.: Yes
Exactly one sales category experienced the median percent increase from June 2017 to July 2017.: No
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
72% (03:16) correct
28%
(03:23)
wrong
based on 651
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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 |
KAPLAN
| Yes | No | |
| The sales category with the largest percent decrease in sales from the March–May 2017 quarter to the June–August 2017 quarter also had the lowest percentage growth from July 2016 to July 2017. | ||
| Among industries whose sales decreased from the March–May 2017 quarter to the June–August 2017 quarter, gasoline stations experienced the smallest percent decrease. | ||
| Exactly one sales category experienced the median percent increase from June 2017 to July 2017. |
ShowHide Answer
Official Answer
The sales category with the largest percent decrease in sales from the March–May 2017 quarter to the June–August 2017 quarter also had the lowest percentage growth from July 2016 to July 2017.: No
Among industries whose sales decreased from the March–May 2017 quarter to the June–August 2017 quarter, gasoline stations experienced the smallest percent decrease.: Yes
Exactly one sales category experienced the median percent increase from June 2017 to July 2017.: No
12 Feb 2024, 08:41
Kudos
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Please post the official answer?
03 Jul 2024, 09:12
Kudos
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Why is the first option "No"?
