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You Have Collected Data on the Annual Average Amount of Cash

question 109

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You have collected data on the annual average amount of cash rebate offered by 6 different brands of automobiles sold in the US in 2006 and in 2007. Which of the following is the best for presenting the data?


Definitions:

Rate of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Assets

Items of value owned by individuals, companies, or governments, including tangible items like real estate and equipment, and intangible items like patents and trademarks.

Explicit Cost

Direct, out-of-pocket payments for goods or services that a company incurs in the course of doing business.

Economic Profit

The difference between the total revenue received by a firm and the total cost of all resources used, including opportunity costs.

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