The Back-To-Back Stem-And-Leaf Display Compares the Percent Growth in Sales

question 12

Multiple Choice

The back-to-back stem-and-leaf display compares the percent growth in sales for a retail chain's stores located in two regions of Canada.The lower stem contains leaves with the digits 0-4 and the upper stem contains leaves with digits 5-9.
Key:
3 | 5 = 35% sales growth

• A)The distribution of sales growth in Region 1 stores is unimodal,symmetric and tightly clustered around 35% growth.The distribution of sales growth in Region 2 stores is much more spread out,with most stores having sales growth between 5% and 35%.A typical Region 2 store had about 15% growth.There were two outliers,one store with 58% growth and another with 65% growth.Generally,the sales growth rates in the Region 2 stores were higher and more variable than the rates in the Region 1 stores.
• B)The distribution of sales growth in the Region 1 stores is unimodal,symmetric and tightly clustered around 35% growth.The distribution of sales growth in Region 2 stores is much more spread out,with most stores having sales growth between 5% and 35%.A typical Region 2 store had about 15% growth.There were two outliers,one store with 58% growth and another with 65% growth.Generally,the sales growth rates in the Region 1 stores were higher and less variable than the rates in the Region 2 stores.
• C)The distribution of sales growth in Region 1 stores is unimodal,symmetric and tightly clustered around 35% growth.The distribution of sales growth in Region 2 stores is much more spread out,with most stores having sales growth between 5% and 35%.A typical Region 2 store had about 15% growth.There were two outliers,one store with 58% growth and another with 65% growth.Generally,the sales growth rates in the Region 1 stores were higher and more variable than the rates in the Region 2 stores.
• D)The distribution of sales growth in Region 1 stores is unimodal,symmetric and tightly clustered around 45% growth.The distribution of sales growth in Region 2 stores is much more spread out,with most stores having sales growth between 5% and 35%.A typical Region 2 store had about 25% growth.There were two outliers,one store with 58% growth and another with 65% growth.Generally,the sales growth rates in the Region 2 stores were higher and more variable than the rates in the Region 1 stores.
• E)The distribution of sales growth in Region 1 stores is unimodal,symmetric and tightly clustered around 45% growth.The distribution of sales growth in Region 2 stores is much more spread out,with most stores having sales growth between 5% and 35%.A typical Region 2 store had about 25% growth.There were two outliers,one store with 58% growth and another with 65% growth.Generally,the sales growth rates in the Region 1 stores were higher and less variable than the rates in the Region 2 stores.

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Definitions:

Net Adjustment

Net adjustment in finance refers to the total change or modification made to a figure or record to correct it or bring it to its current value, often seen in contexts like accounting and investments.

Operating Activities

Transactions and other events related to the core business operations, including revenue and expense activities that affect the net income.

Inventory Increases

A rise in the amount of goods and materials on hand, often indicative of increased production or decreased sales.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company, including material, labor, and overhead costs.