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a store offers different brands of a product. it decides to eliminate t…

Question

a store offers different brands of a product. it decides to eliminate the brand that is most likely to be returned. the table shows the number of items of each brand that were returned over the past year and the total sold. which brand should the store eliminate? a. brand c b. brand a c. brand b d. brand d

Explanation:

Step1: Calculate return rate for Brand A

Return rate = $\frac{\text{Returns}}{\text{Total sold}} = \frac{33}{685} \approx 0.0482$ (4.82%)

Step2: Calculate return rate for Brand B

Return rate = $\frac{15}{492} \approx 0.0305$ (3.05%)

Step3: Calculate return rate for Brand C

Return rate = $\frac{29}{361} \approx 0.0803$ (8.03%)

Step4: Calculate return rate for Brand D

Return rate = $\frac{31}{766} \approx 0.0405$ (4.05%)

Answer:

A. Brand C