In Constructing Figures Such as Bar Charts and Frequency Polygons

question 46

Multiple Choice

In constructing figures such as bar charts and frequency polygons, the American Psychological Association recommends that ______.

• A) figures be numbered using letters (Figure A, Figure B, etc.)
• B) figures have a rectangular shape, with the length of the horizontal (X) axis greater than the height of the vertical (Y) axis
• C) labels along the X and Y axes be written in all capital letters (i.e., MALE, FEMALE)
• D) the vertical axis (Y-axis) be divided into 2-3 values of the variable

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Definitions:

Indirect Manufacturing Cost

Costs in manufacturing that cannot be directly tied to a specific product or job, such as maintenance, supervision, and utility costs; also known as manufacturing overhead.

Direct Manufacturing Cost

These are costs that can be directly traced to the production of specific goods or services, such as raw materials and direct labor.

Differential Costs

The difference in total cost that will result from selecting one choice over another.

Sunk Costs

Sunk costs refer to money already spent and permanently lost, which cannot be recovered and should not influence future financial decisions.