Neco 2023 Data Processing Question 24

Practice objective / multiple choice question 24 from the 2023 Neco Data Processing examination.

Neco 2023 Data Processing Objective / Multiple Choice Hard Difficulty
Question 24 NECO • 2023 • DATA_PROCESSING • objective

A spreadsheet records monthly sales (in units) of three products for six months as follows:\n\nMonth 1: A 1200, B 800, C 500\nMonth 2: A 1300, B 850, C 550\nMonth 3: A 1250, B 900, C 600\nMonth 4: A 1400, B 950, C 650\nMonth 5: A 1500, B 1000, C 700\nMonth 6: A 1600, B 1100, C 800\n\nFor each month compute the total sales, then the month‑to‑month growth rate (percentage). Using the proportion of each month's total sales to the overall total sales as a weight, find the weighted average growth rate (to one decimal place). Also state which month contributed the most to the overall growth (i.e., has the highest weighted contribution).

Answer Options

A. 6.4%, 4
B. 5.9%, 5
Correct Answer C. 6.1%, 6
D. 6.1%, 5
Correct Answer
C
Correct Option:
6.1%, 6

About This Question

This is Neco 2023 Data Processing Question 24. It is one of the objective questions from the 2023 Neco Data Processing examination.

Difficulty level: Hard .

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