The table below contains a list of four companies that have been rated (on a 1 to 5 scale with 1 being low and 5 being high)on three weighted performance factors.Which of the following statements regarding this information is best? $$\begin{array} { | l | l | l | l | l | l | }
\hline \text { Performance Factors } & \text { Weight } & \text { Excelsior } & \text { Phoenix } & \text { Mega } & \text { American } \
\hline \text { Quality } & 0.50 & 4 & 4 & 2 & 4 \
\hline \text { Cost } & 0.40 & 4 & 3 & 5 & 3 \
\hline \text { Speed } & 0.10 & 2 & 2 & 4 & 5 \
\hline
\end{array}$$

Question

The table below contains a list of four companies that have been rated (on a 1 to 5 scale with 1 being low and 5 being high)on three weighted performance factors.Which of the following statements regarding this information is best? $$\begin{array} { | l | l | l | l | l | l | } 
\hline \text { Performance Factors } & \text { Weight } & \text { Excelsior } & \text { Phoenix } & \text { Mega } & \text { American } \
\hline \text { Quality } & 0.50 & 4 & 4 & 2 & 4 \
\hline \text { Cost } & 0.40 & 4 & 3 & 5 & 3 \
\hline \text { Speed } & 0.10 & 2 & 2 & 4 & 5 \
\hline
\end{array}$$

Quizplus · Accepted Answer

Excelsior has a higher weighted score than Mega when considering the weights of each performance factor.

The Table Below Contains a List of Four Companies That