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 Market research: 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

There is no information in the provided table or chart that confirms this statement. It is essential to analyze the data effectively.

Step 2

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

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Answer

This option suggests that a significant portion of the surveyed individuals were over the age of 35. Exploring the age demographics in the data confirms this conclusion.

Step 3

C More ice cream is eaten by those under 15

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Answer

This answer can be validated by examining the consumption patterns presented in the charts and tables, which indicate higher consumption by younger individuals.

Step 4

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

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Answer

This assertion requires reference to the data indicating specific payment thresholds. Support for this conclusion can generally be found in the number of respondents willing to pay that price.

Step 5

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

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Answer

Determining the profit margin necessitates an analysis of production costs versus selling prices, which the provided data should clarify.

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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