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A store offers four different brands of a product. It decides toeliminate one brand based on the likelihood a customer willreturn that brand. The table shows the number of items ofeach brand that were returned over the past year and the totalsold.

A store offers four different brands of a product. It decides toeliminate one brand-example-1
User MikeOne
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1 Answer

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8 votes

Solution

- The way to find the Brand that gets returned the most, we find the proportion of the brands returned.

- The way we find the proportion is using the formula below:


\frac{Returns}{Total\text{ }sold}

- Thus, we have:


\begin{gathered} Brand\text{ }A: \\ (28)/(594)=0.047138047138... \\ \\ \\ Brand\text{ }B: \\ (15)/(426)=0.035211267606... \\ \\ \\ Brand\text{ }C: \\ (27)/(664)=0.040662650602... \\ \\ \\ Brand\text{ }D: \\ (25)/(313)=0.079872204473... \end{gathered}

- Since Brand D has the highest proportion, it means that Brand D has the highest return proportion.

- Thus, Brand D should be eliminated

User Arvy
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