c


Question:
Record the items and their prices systematically as in Table 1. Since items may be differently
packed, be sure to use consistent measurements for each item selected so that comparison can
be done easily and accurately.

Below are the price of the listed items in s diff

Current shops: Tesco, Econsave and Jaya Jusco.



c


Question:
(c) Create at least two suitable graphical representations (the use of ICT is encouraged) to
compare and contrast the prices of the items chosen.
Graphical representation to compare and contrast the prices of the item chosen.

c
 

 
   
 

      
 c



    
   
  

From the chart above, we can see that

1. The price of selected food are always lowest at Tesco.
2. The price of detergent at Tesco also very competitive, except Dynamo Regular (3kg),
where it is about 45% higher than Econsave and Jaya Jusco.
3. The price of selected stationaries at Tesco are also low compare with Econsave and Jaya
Jusco, except Faber-Castell Trip Grib 2B Pencil (Box of 12 pcs), where Econsave score the
lowest price (about 22% lower than Tesco and Jaya Jusco).
4. The total price of the selected item for food are about the same at the 3 shop. Econsave
score the lowest total price for detergent. The total price of stationary are about the
same for Tesco and Econsave but much higher at Jaya Jusco.

 :
The price at Tesco are competitive for most items. However, shoppers are advised to compare
prices between Tesco and Econsave, especially the high price item such as detergent. This is
because, at Tesco, sometime the price for certain items is abnormally higher than Econsave.

The price are less competitive at Jaya Jusco (especially stationary). However, for detergent and
food, the price difference is not obvious. Therefore, shoppers are advised to consider other
factors such as parking fee, transportation, time consuming and etc. before making decision.
c


Question:
(e) Identify an item that has a large price difference among the shops. Calculate the mean and
the standard deviation of that particular item. Hence, suggest and discuss possible reasons for
the price difference.

From the table above, the item that has large price difference is Dynamo Regular (3kg)
Detergent.

The mean of the price,

The standard Deviation = 2.60

The price difference is possibly due to Jaya Jusco and Econsave are doing promotion for this
item.

c
 

Question:
Suggest a shop from Part 1 from which you would go to purchase the ingredients for the butter
cakes. State and discuss your reasons for purchasing from the shop you suggested.

I will purchase from Tesco because all the ingredient is the cheapest.

c


Question:
Complete Table 2 with the prices of the items found in the shop/supermarket that you have
chosen.
(i) Calculate the price index for each of the ingredients in Table 2 for the year 2010 based on the
year 2009.
 ï
  
   
   
  ï 
 

  250g 0.9 0.9125 101.4


 200g 0.35 0.33 94.3
  250g 3.3 4.245 128.6




  5 1.25 1.795 143.6

c


Question:
Calculate the composite index for making a butter cake in the year 2010 based on the year 2009.
Discuss how you obtained your answers.


c


Question:

In the year 2009, the butter cake was sold at RM15.00 each. Suggest a suitable selling price for the butter cake in the
year 2010. Give reasons for your answer.

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