A table provides data for five different mutual funds, including their annual expense ratio (%), 3-year average return (%), and risk rating (1-5, with 5 being highest). An investor wants to select a fund with an expense ratio below 0.8% and a 3-year average return of at least 7%, while also prioritizing a moderate risk rating (2 or 3). Which two criteria should be evaluated first to narrow down the options efficiently?
✓ Correct Answer: Option A
Evaluating the quantitative criteria (expense ratio and 3-year average return) first allows for a quick elimination of funds that don't meet the baseline performance and cost requirements before considering the more nuanced risk rating.