Problem

A store offers four different brands of a product. It decides to eliminate one brand based on the likelihood a customer will return that brand. The table shows the number of items of each brand that were returned over the past year and the total sold. \begin{tabular}{|l|c|c|} \hline & Returns & Total sold \\ \hline Brand A & 33 & 409 \\ \hline Brand B & 37 & 777 \\ \hline Brand C & 18 & 558 \\ \hline Brand D & 36 & 869 \\ \hline \end{tabular} Which brand should the store consider eliminating? A. Brand B B. Brand $A$ C. Brand D D. Brand $C$

Solution

Step 1 :Calculate the return rate for each brand: \(\frac{Returns}{Total\ sold}\)

Step 2 :Brand A: \(\frac{33}{409} = 0.0807\)

Step 3 :Brand B: \(\frac{37}{777} = 0.0476\)

Step 4 :Brand C: \(\frac{18}{558} = 0.0323\)

Step 5 :Brand D: \(\frac{36}{869} = 0.0414\)

Step 6 :Find the brand with the highest return rate: Brand A

Step 7 :\(\boxed{\text{The store should consider eliminating Brand A}}\)

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Source: https://solvelyapp.com/problems/12913/

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