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A company's Production and Sales (in thousand units): Production — 2017: 45, 2018: 50, 2019: 68, 2020: 70, 2021: 85. Sales — 2017: 30, 2018: 45, 2019: 50, 2020: 60, 2021: 75. In how many years was production above the five-year average production?

Competition practiceData Interpretation
  • A3
  • B2
  • C4
  • D1

Step-by-Step Solution

Average production = 318 ÷ 5 = 63.6. Years above: 2019 (68), 2020 (70), 2021 (85) = 3 years.
Answer: A) 3

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