Multiple choice

The table below shows the number of students enrolled in five different specializations of an MBA college in the years 2023 and 2024. Specialization Number of Students (2023) Number of Students (2024) Marketing 120 150 Finance 150 165 HR 80 70 Operations 100 125 Analytics 50 90 Which specialization showed the highest percentage growth in the number of students from 2023 to 2024?

  1. Marketing

  2. Finance

  3. Operations

  4. Analytics

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Growth rates: Marketing (30/120=25%), Finance (15/150=10%), HR (-10/80=-12.5%), Operations (25/100=25%), Analytics (40/50=80%). Analytics is the highest.

AI explanation

To find the percentage growth, apply the formula ((Final Value minus Initial Value) divided by Initial Value) multiplied by 100. The growth for Marketing is ((150 minus 120) divided by 120) multiplied by 100, equaling 25 percent, while Finance is ((165 minus 150) divided by 150) multiplied by 100, equaling 10 percent. Operations shows a growth of ((125 minus 100) divided by 100) multiplied by 100, which is 25 percent, but Analytics shows a growth of ((90 minus 50) divided by 50) multiplied by 100, resulting in an 80 percent growth.