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Need Help With Question On Sales Value And Volume
Year: 2013 Population GDP Sugar confectionery
Sales Volume Sales Value
Unit: '000 US$ million 000 tonnes US$ million
China 1.354.040 9.468.778 1.294 26.407
India 1.245.961 1.937.999 233 758
Japan 127.343 4.898.462 154 2.985
USA 316.355 16.768.050 1.848 10.262
UK 63.888 2.520.963 186 2.822
State the country for which you think the sales volume is wrong and provide the reasoning behind your choice.
State the country for which you think the sales value is wrong and provide the reasoning behind your choice.
Sales Volume Sales Value
Unit: '000 US$ million 000 tonnes US$ million
China 1.354.040 9.468.778 1.294 26.407
India 1.245.961 1.937.999 233 758
Japan 127.343 4.898.462 154 2.985
USA 316.355 16.768.050 1.848 10.262
UK 63.888 2.520.963 186 2.822
State the country for which you think the sales volume is wrong and provide the reasoning behind your choice.
State the country for which you think the sales value is wrong and provide the reasoning behind your choice.
Answers
Best Answer
No best answer has yet been selected by alaric. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I can't work out what your figures are but as a first step i'd divide sales value by sales volume and then see if any figure seems anomalous.
If that throws up nothing I'd look at each sales value figure as a proportion of GDP and see if any figure looks odd.
Then if necessary I'd work out the sales value per head of poulation.
If that throws up nothing I'd look at each sales value figure as a proportion of GDP and see if any figure looks odd.
Then if necessary I'd work out the sales value per head of poulation.
You dont need help in sales volume
but in spotting duff values
the five countries have paired data
four pairs will be consistent
such as
one billion - - - two billion
five billion - - - ten billion
four billion - - - eight billion
half a billion - -- fifty billion
clearly the fourth one in th set is NOT consistent
so you have to identify the inconsistent pair and suggest why - arithmetic error, cultural or whatever
but in spotting duff values
the five countries have paired data
four pairs will be consistent
such as
one billion - - - two billion
five billion - - - ten billion
four billion - - - eight billion
half a billion - -- fifty billion
clearly the fourth one in th set is NOT consistent
so you have to identify the inconsistent pair and suggest why - arithmetic error, cultural or whatever
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