Question

Mike owns two hardware stores. The scatterplots show the number of items sold at a specific price for each store in one week. If he wants to sell a new type of hammer for $30, at which store should Mike sell the hammer?

Answer 1

A. Store #1

Explanation:

Although, store #2 sells more high priced items, Store #1 brings in higher sales. Store #1 sells a large amount of low priced items. This large volume of items is enough to bring in more sales than the store that sells less higher priced items. Store #1 sells about $35,300 and store #2 sells about $29,200.

Answer 2

Store #1

Explanation:

Store #1 sells many more articles at $30 than store #2, which should help the sales of that new $30 hammer. Store #1 sold 80+ units of that price, while store #2 didn't sell 20, so store #1 outsells store #2 by a factor of 4+ for articles of $30.

Generally store #1 sells more of the cheaper items (less than $90) while store #2 sells more of the most expensive items ($90+).