Instructions

Answer the questions with the given information and the graph.
The analyst at a retail giant has modelled the consumer spending and consumer sentiment to prepare a strategy on product offers in the upcoming festive season. The data given in the figure are from last 10 years on 3 parameters namely, food spending (Food_Spend), style spending (Style_Spend), and sentiment index (Sentiment_Index). Study the figure below and answer the following questions :

Question 64

In which year, highest annual percentage change in StyleSpend is recorded ?

Solution

2015 = (450-300)/300 = 0.5

2014 = (650-300)/650 =0.54

2013 = (620-350)/350 = 0.77

2011 = (350-300)/350= 0.14

The highest percentage change is in the year 2013

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In which year, highest annual percentage change in StyleSpend is recorded ?

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