Question : Study the given graph and answer the question that follows.
In which year was the production of computers by the company 16% more than the average exports of computers in the six years (2013 to 2018)?
Option 1: 2015
Option 2: 2018
Option 3: 2014
Option 4: 2016
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Correct Answer: 2016
Solution :
The total exports of computers in 6 years (in thousands) = 140 + 240 + 200 + 350 + 300 + 270 = 1500
The number of years = 6
Average = $\frac{\text{Sum of all the observations}}{{\text{Total number of observations}}}$
Average export $=\frac{1500}{6} = 250$
Now, 16% more than 250 $= 250 × \frac{116}{100} = 290$
In the year 2016, the production of computers is 290 (in thousands).
Hence, the correct answer is 2016.
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