Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers. A 15 people would pay more than £7 for a tub of ice cream B 37% of those interviewed were over the age of 35 C More ice cream is eaten by those under 15 D 112 people would pay up to £6 for a tub of ice cream E A profit would only be made on £5.50 for a tub of ice cream

GCSE Edexcel Business The marketing mix: Using Table 1 and Chart 1, which

Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers - Edexcel - GCSE Business - Question 6 - 2016 - Paper 1

Question 6

Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers. A 15 people would pay more than £7 for a tub of ice cream B 37% of those intervi... show full transcript

Worked Solution & Example Answer:Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers - Edexcel - GCSE Business - Question 6 - 2016 - Paper 1

Step 1

A 15 people would pay more than £7 for a tub of ice cream

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Answer

This statement can only be concluded if the data shows that specifically 15 individuals fall within this price range. Ensure to check Table 1 for the exact figures.

Step 2

B 37% of those interviewed were over the age of 35

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Answer

This is valid if the chart indicates that 37% of the respondents exceed the age of 35. Reference data from Chart 1 for verification.

Step 3

C More ice cream is eaten by those under 15

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Answer

This requires a comparison between consumption rates of different age groups. If data reveals a higher intake among those under 15, this is a valid conclusion.

Step 4

D 112 people would pay up to £6 for a tub of ice cream

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Answer

Confirm this conclusion by checking if the relevant data in Table 1 indicates that 112 individuals chose this price point.

Step 5

E A profit would only be made on £5.50 for a tub of ice cream

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Answer

This can be validated if the pricing information includes costs and outlines £5.50 as the minimum to cover expenses.

Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers - Edexcel - GCSE Business - Question 6 - 2016 - Paper 1

Worked Solution & Example Answer:Using Table 1 and Chart 1, which two conclusions can Nick make? Select two answers - Edexcel - GCSE Business - Question 6 - 2016 - Paper 1

A 15 people would pay more than £7 for a tub of ice cream

B 37% of those interviewed were over the age of 35

C More ice cream is eaten by those under 15

D 112 people would pay up to £6 for a tub of ice cream

E A profit would only be made on £5.50 for a tub of ice cream

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