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The six regions in which Techtyx Appliance Company sells appliances are labeled A through F in the graph. The size...

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Graph showing six regions A through F for Techtyx Appliance Company sales data

The six regions in which Techtyx Appliance Company sells appliances are labeled A through F in the graph. The size of each circle and the corresponding number in the circle indicate the proportion of Techtyx customer transactions in that region. The position of each circle's center relative to the vertical axis shows how many different product types are marketed in the region, and the position relative to the horizontal axis shows last year's sales in thousands of euros for the region.

For each of the following, use the drop-down menu to create the most accurate statement on the basis of the information provided.

1. Among the six regions, the one with the most Techtyx customer transactions ranksin the number of product types marketed.
2. The region for which the value of the average transaction was greatest is region
Solution

Owning the Dataset

Table 1: Text Analysis

Text Component Literal Content Simple Interpretation
Company and regions The six regions in which Techtyx Appliance Company sells appliances are labeled A through F Techtyx operates in six regions named A–F
Circle size meaning The size of each circle and the corresponding number in the circle indicate the proportion of Techtyx customer transactions in that region Bigger circles and higher numbers in circles = higher proportion of customer transactions
Vertical position The position of each circle's center relative to the vertical axis shows how many different product types are marketed in the region Higher position = more product types offered in the region
Horizontal position The position relative to the horizontal axis shows last year's sales in thousands of euros for the region Further right = higher sales (in thousands of euros) in the region

Table 2: Chart Analysis

Chart Component What's Shown What This Tells Us
Chart type Bubble chart with 6 circles labeled A–F Depicts 3 data aspects per region: transaction proportion, product variety, and sales
Transaction proportions Numbers in circles, e.g., \(\mathrm{C=0.33, A=0.29, F=0.15, D=0.10, B=0.08, E=0.05}\) Region C has the largest share of transactions; region E the smallest
Product variety (vertical) Y-position: A=least (about 10), F=most (about 50), with others in between Regions with higher Y-position offer more product types (F, E, D)
Sales (horizontal) X-position: C and F ≈ 900k euros, E ≈ 650k, A ≈ 500k, D ≈ 450k, B ≈ 200k Regions C and F have the highest sales volumes

Key Insights

Region C has the largest share of transactions and high sales despite moderate product range; regions offering more product types (F, E, D) do not necessarily have the largest sales or transaction shares, suggesting that greater product diversity may not directly translate to dominance in sales or customers. Region E stands out for high sales efficiency: despite the smallest customer share (5%), it achieves strong overall sales, implying high average transaction values.

Step-by-Step Solution

Question 1: Transaction Leader's Product Variety Rank

Complete Statement:

Among the six regions, the one with the most Techtyx customer transactions ranks [BLANK] in the number of product types marketed.

Breaking Down the Statement
  • Statement Breakdown 1:
    • Key Phrase: the one with the most Techtyx customer transactions
      • Meaning: Identify which region has the highest proportion of customer transactions.
      • Relation to Chart: The region with the largest bubble size or highest percentage inside the bubble on the chart, indicating market share by transactions.
      • Important Implications: This region is the market leader in customer transactions, so all analysis will focus on it.
  • Statement Breakdown 2:
    • Key Phrase: ranks [BLANK] in the number of product types marketed
      • Meaning: Determine this region's position (e.g., first, second, etc.) when all six regions are ordered by how many product types they market.
      • Relation to Chart: The number of product types is shown on the y-axis; higher position indicates more products.
      • Important Implications: After identifying the leader in transactions, we track its product variety rank among all six.
  • What is needed: Find the region with the most customer transactions and determine its rank in product variety among all regions.
Solution:
  • Condensed Solution Implementation:
    Step 1: Find the region with the largest transaction market share (biggest bubble or highest percentage). Step 2: List all regions by number of product types (y-axis), then see where the identified region ranks in that list.
  • Necessary Data points:
    Market shares: \(\mathrm{C = 0.33, A = 0.29, F = 0.15, D = 0.10, B = 0.08, E = 0.05}\). Product type counts: \(\mathrm{F (50), E (45), D (40), C (35), B (20), A (10)}\).
    • Calculations Estimations:
      Region C has the most customer transactions. When all regions are ranked by product types from most to least, C (35) is fourth: 1st F (50), 2nd E (45), 3rd D (40), 4th C (35), 5th B (20), 6th A (10).
    • Comparison to Answer Choices:
      Choices include: first, second, third, fourth. C ranks fourth.
FINAL ANSWER Blank 1: fourth

Question 2: Highest Average Transaction Value

Complete Statement:

The region for which the value of the average transaction was greatest is region [BLANK]

Breaking Down the Statement
  • Statement Breakdown 1:
    • Key Phrase: value of the average transaction
      • Meaning: How much, on average, is spent on each transaction in a given region.
      • Relation to Chart: Can be found by dividing sales (x-axis) by market share (bubble size/percentage).
  • Statement Breakdown 2:
    • Key Phrase: was greatest
      • Meaning: Identify the region with the highest average transaction value.
      • Relation to Chart: Compare all regions' sales/transaction ratios to determine the maximum.
  • What is needed: Calculate and compare average transaction values (sales divided by market share) for each region to find the highest.
Solution:
  • Condensed Solution Implementation:
    Compute average transaction value (sales ÷ market share) for all regions and identify the top.
  • Necessary Data points:
    Sales and market share for each: \(\mathrm{A=500,0.29}\) \(\mathrm{B=200,0.08}\) \(\mathrm{C=900,0.33}\) \(\mathrm{D=450,0.10}\) \(\mathrm{E=650,0.05}\) \(\mathrm{F=900,0.15}\).
    • Calculations Estimations:
      \(\mathrm{A: 500/0.29 ≈ 1,724}\); \(\mathrm{B: 200/0.08 = 2,500}\); \(\mathrm{C: 900/0.33 ≈ 2,727}\); \(\mathrm{D: 450/0.10 = 4,500}\); \(\mathrm{E: 650/0.05 = 13,000}\); \(\mathrm{F: 900/0.15 = 6,000}\). Highest value is E (13,000).
    • Comparison to Answer Choices:
      Choices: A, C, E, F. E is the highest.
FINAL ANSWER Blank 2: E

Summary

Question 1: Region C has the most customer transactions but is only fourth in product types marketed. Question 2: Region E has the highest average transaction value. Each answer was determined by targeted use of data from the bubble chart, using ranking and sales/transaction calculations.

Question Independence Analysis

The questions are independent: one asks about product variety ranking for the transaction leader, while the other asks about average transaction value. Solving one does not affect the other.

Answer Choices Explained
1. Among the six regions, the one with the most Techtyx customer transactions ranks
1
first
2
second
3
third
4
fourth
in the number of product types marketed.
2. The region for which the value of the average transaction was greatest is region
1
A
2
C
3
E
4
F
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