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Use Of Statistical Tools

Question
CBSEENST11024733

From the following information, tell us which type of air conditioner you will prefer to buy and why? (Find out with the help of arithmetic mean).

Consumers Awareness about air-conditioners

(in percentage)

Awareness

Name of the Companies

Videocon

National

Samsung

L.G.

Voltas

Others

Brand

14

10

20

18

8

9

Price

25

5

12

28

19

5

After sale service

18

6

17

21

12

8

Technology

22

8

12

17

14

10

Solution

Calculation of Arithmetic Mean:

Consumer Awareness about air-conditioners

Awareness

Name of the Companies

Videocon

National

Samsung

L.G.

Voltas

Others

Brand

24

10

20

18

8

9

Price

25

5

12

28

9

5

After sale service

18

6

17

21

12

8

Technology

22

8

12

17

14

10

ΣX

89

29

61

84

43

32

22.25%

7.25%

15.25%

21%

10.75%

8.50%


Considering brand, price, after sale service and technology, the average percentage of Videocon air-conditioners is the highest at 22.5% and hence the consumer will prefer to buy Videocon air conditioners.