Explain What Is Data Visualization

question 48

Essay

Explain what is data visualization.

Determine the appropriate measure of central tendency based on data characteristics.

Understand the concept of bimodality in distributions.

Know the calculation and application of the median.

Recognize outliers and their impact on data analysis.

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Definitions:

Accounts Payable

Accounts Payable is the accounting term for the short-term liabilities owed by a company to its creditors or suppliers.

Balance Sheet Accounts

These are financial accounts that show the assets, liabilities, and owner's equity of a company at a specific point in time.

Permanent Accounts

These are ledger accounts that carry their ending balances into the next accounting period, typically including asset, liability, and equity accounts.

Temporary

In accounting, temporary refers to accounts that are closed at the end of an accounting period, such as revenues, expenses, and dividends.