When the Independent Variable Represents a Point on a Continuum

question 48

Multiple Choice

When the independent variable represents a point on a continuum, the pictorial representation of the data should be:

• A) a bar graph.
• B) a frequency polygon.
• C) a line graph.
• D) either a bar graph or a line graph.

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Definitions:

Inefficient Manner

Performance or operation in a way that does not achieve the best possible outcome or wastes resources.

Marginal Revenue

The supplementary income generated through the sale of one extra unit of a good or service.

Output

The total amount of goods or services produced by a company, industry, or economy in a given period.

Marginal Cost

The increase in cost that arises from producing one additional unit of a good or service.