Business Analytics Quiz 1: 26 February 2023 (January 2023 term)

A visualization expert (VE) having the data given in Table-1 needs to make a presentation to the company’s top management. Table-1 specifies the number of units of products A and B sold in the last 12 months in a given market. Then answer the given subquestions.
Note to students: Please do not worry about the colour combinations. In TCS ion, the colour representations may not appear accurately. Kindly use the “data labels” and “visualisation theory” to arrive at the appropriate answers.

If the aim is to highlight the behaviour of the product sales in the past year, then which of the following visualizations would be best suited?

A visualization expert (VE) having the data given in Table-1 needs to make a presentation to the company’s top management. Table-1 specifies the number of units of products A and B sold in the last 12 months in a given market. Then answer the given subquestions.
Note to students: Please do not worry about the colour combinations. In TCS ion, the colour representations may not appear accurately. Kindly use the “data labels” and “visualisation theory” to arrive at the appropriate answers.

If the aim is to highlight the market share of the products in the past year, then which of the following visualizations would be best suited?

A company sells two products (A and B) in two different marketplaces. In the first marketplace, the sales are made at the Forenoon (FN). In the second marketplace, sales are made during the Afternoon (AN). Table-2 provides the data on the sales in the two marketplaces for the two products in the first 10 days on January 2023. Using this data, answer the given subquestions.

If the total sales of both products (A&B) on any given day are expected to be uniformly distributed across both marketplaces, then what is the expected total sales on any given day? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”]