Your goal is to sell jogging shoes to those 65 and other who live in Florida. Here is some information you have collected: (1) There are 3 million joggers 65 and older in the U.S. (2) 600,000 of them live in Florida. (3) Florida attracts 20% of all people who move when they retire. (4) You estimate that during your first year you will capture 2 percent of the Florida joggers who are age 65 or older. (5) You estimate that your sales will increase by 25% in year 2.
-Which piece(s)of information is/are irrelevant to the problem?
A)20% of those who retire move to Florida
B)600,000 joggers who are 65 and older and live in Florida
C)3 million joggers who are 65 or older
D)Both a and c

Question

Your goal is to sell jogging shoes to those 65 and other who live in Florida.  Here is some information you have collected:  (1) There are 3 million joggers 65 and older in the U.S. (2) 600,000 of them live in Florida.  (3) Florida attracts 20% of all people who move when they retire.  (4) You estimate that during your first year you will capture 2 percent of the Florida joggers who are age 65 or older.  (5) You estimate that your sales will increase by 25% in year 2.
-Which piece(s)of information is/are irrelevant to the problem?
A)20% of those who retire move to Florida
B)600,000 joggers who are 65 and older and live in Florida
C)3 million joggers who are 65 or older
D)Both a and c

Quizplus · Accepted Answer

The relevant information for selling jogging shoes to those 65 and older in Florida focuses on the specific population in Florida (600,000 joggers) and the expected market capture and growth rates. The percentage of retirees moving to Florida (20%) and the total number of joggers 65 and older in the U.S. (3 million) are not directly relevant to calculating sales in Florida.

Your Goal Is to Sell Jogging Shoes to Those 65