Comparing Revenue Growth Rates

Very Hard Quantitative Comparisons Data Interpretation

A data analyst compiled the quarterly revenue (in thousands of dollars) for two companies, Alpha Co. and Beta Inc., over the last four quarters. The data is as follows:

Alpha Co.:
Q1: 120
Q2: 150
Q3: 180
Q4: 210

Beta Inc.:
Q1: 100
Q2: 130
Q3: 170
Q4: 220

Using this data, compare the total revenue and the average quarterly growth for both companies. Which of the following statements is correct?

Alpha Co. had a higher average growth rate than Beta Inc.

Beta Inc. had a higher total revenue for the year.

Both companies had the same total revenue for the year.

Beta Inc. had a higher average growth rate than Alpha Co.

Hint

Submitted1.4K

Correct724

% Correct51%