Question 5 • Mathematics for Data and Financial Literacy
A company wants to determine if there is enough market demand for a new type of athletic shoe. Which statistical question would best help them gather the necessary data?
Answer
A
What color options are available in our athletic shoes?
B
How many competing companies are in the athletic shoe market?
C
What is the current market variety of athletic shoes available?
D
What is the monthly sales volume of similar athletic shoes over the past year?