The current date is July 14, 2020. A data analyst has been asked to create a report that shows the company’s year-over-year Q2 2020 sales. Which of the following reports should the analyst compare?
C) is correct. Q2 is April to June, and you are comparing last years quarter with this years.
B) is incorrect because 2020 has not finished yet and you are comparing sales for a full year compared to half the year.
A) Is incorrect because you are not comparing like quarters, which could have seasonal variances.
D) Is incorrect because 2021 hasn't even started yet so there is no data.
To create a report that shows the company's year-over-year Q2 2020 sales, the analyst should compare the sales data from Q2 2020 and Q2 2019. Year-over-year (YoY) analysis is a method of comparing the performance of a business or a financial instrument over the same period in different years. It helps to identify trends, growth patterns, and seasonal fluctuations. Q2 refers to the second quarter of a year, which is usually from April to June. Therefore, the correct answer is C.
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ducko
3 months agoSwift_and_Quick
6 months, 2 weeks ago