[The following information applies to the questions displayed below.] The follow

Question

[The following information applies to the questions displayed below.]

The following table reports the number of cars and light-duty trucks sold by the eight largest automakers in the first 2 months of 2013. Compare the 2013 data to the first 2 months of 2009 as reported below.

7.

value:
10.00 points

Compare the total sales for the eight automakers. Has there been an increase or a decrease in sales for 2013 compared to the same period in 2009? (Round percent to 1 decimal place.)

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eBook: Define statistics and provide an example of how statistics is applied.

8.

value:
10.00 points

The total number of cars and light-duty trucks sold in 2013 was 2.234 million while 1.346 million were sold in 2009. Compute the market share for each of the companies. Has there been a change in the market share for any of the companies? (Do not round intermediate calculations. Round your answers to 1 decimal place.)

    

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eBook: Define statistics and provide an example of how statistics is applied.

9.

value:
10.00 points

Compute the percentage change in sales for each of the eight companies. Which companies had a significant change in sales? (Round percent to 1 decimal place.)

     

   

  Ford had the (Click to select)smallestlargest percentage change in sales. While Toyota, Honda and Mazda had the (Click to select)smallestlargest percentage (Click to select)increasesdecreases.

check my workreferencesebook &

The following table reports the number of cars and light-duty trucks sold by the eight largest automakers in the first 2 months of 2013. Compare the 2013 data to the first 2 months of 2009 as reported below.

Explanation / Answer

A. Total Sales in 2009 = 1149296, Total Sales in 2013 = 1886021

Sales Increased by = 1149296 / 1886021 x 100 = 61%

The total Sales increased by 61%

B. Market Share:

Calculation of Percentage Change in Sales:

1. Ford has the largest increase of 3%

2. Toyota has the largest decrease of 2.6%

3. American Honda Has a decrease of 1.8%

4. Mazda has a decrease of 0.3%.

Company 2013(%) 2009(%) General Motors 22.2 21.9 Ford Motors 19.1 16.1 Toyota 17.1 19.7 Chrysler 13.6 12.7 American Honda 10.6 12.4 Nissan NA 9.5 9.4 Hyunadai 5.1 4.7 Mazda 2.4 2.7 Total 100 100

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