CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 81 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 81
Topic #: 1

Every month for the last three years, a company has recorded the number of new customers for that month. The data have been summarised and grouped as follows:

What is the arithmetic mean of the number of new customers per month?

A6.22

B6.50

C6.38

D8.50

Show Suggested Answer

Suggested Answer: D

by Rebeca at Sep 15, 2024, 12:51 AM

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Tracie

8 months ago

D) 8.50 has to be the answer. I mean, come on, who doesn't love a good 8.50 new customers per month? That's the kind of growth any business would dream of!

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Jerry

7 months ago

D) 8.50 is not the correct arithmetic mean of the number of new customers per month.

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Margo

7 months ago

C) 6.38 is also close, but not the correct answer.

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Kristeen

8 months ago

B) 6.50 is close, but not the correct answer.

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Iola

8 months ago

A) 6.22 is actually the correct arithmetic mean of the number of new customers per month.

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Loren

8 months ago

This is a piece of cake! C) 6.38 is clearly the correct answer. Although, I do wonder if the CEO eats cake every month to celebrate the new customers... Mmm, cake.

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Lavonna

8 months ago

I'm not sure, but I think the arithmetic mean is calculated by adding all the numbers and dividing by the total count. So, I would go with B) 6.50.

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Jettie

8 months ago

B) 6.50 seems like the right answer to me. The data shows a range of values, so 6.50 is a reasonable estimate of the mean.

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Miss

7 months ago

I think 6.50 is the best choice based on the range of values shown in the data.

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Brett

7 months ago

Yeah, the data is spread out, so 6.50 makes sense as the average.

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Stanford

8 months ago

I agree, 6.50 seems like a reasonable estimate for the mean.

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Lajuana

8 months ago

I believe it's C) 6.38 because it seems to be the most balanced option.

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Trinidad

8 months ago

I think the answer is B) 6.50.

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Carmen

9 months ago

The correct answer is C) 6.38. I calculated the total number of new customers (77) and divided by the number of months (12) to get the arithmetic mean.

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