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