You Have Collected Data on the Number of U

question 2

Multiple Choice

You have collected data on the number of U.S. households actively using online banking and/or online bill payment from 1995 to 2007. Which of the following is the best for presenting the data?

• A) a stem-and-leaf display
• B) a time-series plot
• C) a side-by-side bar chart
• D) a pie chart

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Definitions:

Opportunity Cost

The worth of the most favorable option given up when a choice is made.

Taco

A traditional Mexican dish consisting of a small hand-sized tortilla topped with a filling.

Burrito

A Mexican-inspired dish consisting of a large wheat flour tortilla wrapped or folded around a filling that typically includes meat, beans, rice, cheese, and vegetables.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing one option over another.