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You Have Collected Data on the Annual Average Amount of Cash

question 1

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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 United States in 2006 and 2007. Which of the following is the best for presenting the data?


Definitions:

Ending Balance

The final amount in an account at the end of a reporting period, after all additions and subtractions have been accounted for.

Revenue Account

An account that records the income earned by a company from its business activities.

Debit

A bookkeeping record that raises the value of an asset or expense, or reduces the value of a liability or equity.

Expense Account

An account used to record expenditures incurred by a company, relating to its operational activities.

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