Mark Lines is an online portal (www.marklines.com) that reports automotive industry data. The table below shows the
Question:
Mark Lines is an online portal (www.marklines.com) that reports automotive industry data. The table below shows the number of cars sold in the United States from January to November in 2017 and 2018. The top 22 manufacturers, plus others, are listed here. Sales data often is reported in this way to compare current sales to last year’s sales.
a. Using computer software, compare 2017 sales to the 2018 sales for each manufacturer by computing the difference. Make a list of the manufacturers that increased sales compared to 2017; make a list of manufacturers that decreased sales.
b. Using computer software, compare 2017 sales to 2018 sales for each manufacturer by computing the percentage change in sales. Make a list of the manufacturers in order of increasing percentage changes. Which manufacturers are in the top five in percentage change? Which manufacturers are in the bottom five in percentage change?
c. Using computer software, first sort the data using the 2018 year-to date sales. Then, design a bar graph to illustrate the 2017 and 2018 year-to-date sales for the top 10 manufacturers. Also, design a bar graph to illustrate the percentage change for the top 10 manufacturers. Compare these two graphs and prepare a brief written report.
Step by Step Answer:
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen