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Economic Data Types
Economic Data Types Quizzes, Questions & Answers
Dive into the fascinating world of Economic Data Types with our engaging quizzes! Read more
Test your knowledge on various data types used in economics and their applications. Perfect for learners and enthusiasts alike, this Economic Data Types quiz will challenge your understanding and enhance your skills.
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Explore data interpretation skills with 'Data Intpr.1 Data Interpretation', focusing on analyzing sales, profit, GDP, and expenses shifts in companies and a country over years. Ideal for learners enhancing analytical prowess in...
Questions: 14 | Attempts: 256 | Last updated: Mar 21, 2025
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Sample Question 1Directions for questions 1 to 3: These questions are based on the following information. The following graph gives details of change in sales and profit of six companies in 2008 compared to the previous year. Assume all companies made a profit in the year 2007. Expenses = Sales – Profit How many of the given companies definitely had a decrease in profit margin in 2008 compared to 2007?
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Sample Question 2For how many of the given companies can it be definitely said that there was a decrease in expenses in 2008 compared to 2007?
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Sample Question 3For how many of the given companies was there a negative correlation between sales and profits (i.e. Increases in sales and decrease in profits and vice versa) in 2008 compared to 2007?