Data on the Number of Credit Hours of 20,000 Students

question 22

Multiple Choice

Data on the number of credit hours of 20,000 students at a public university enrolled in a Spring semester were collected.Which of the following is the best for presenting the information?

• A)A pie chart.
• B)A Pareto chart.
• C)A stem-and-leaf display.
• D)A contingency table.

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Definitions:

Quantity Demanded

The total amount of a product or service that consumers are willing and able to purchase at a given price.

Substitute Good

A product or service that consumers can use in place of another product or service, fulfilling a similar need or want.

Complementary

Referring to goods or services that enhance or add value to each other when used or consumed together.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded for a given period.