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:

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.

Opportunity Cost

The price paid for not selecting the next most favorable choice during a decision-making process.

Marginal Productivity

The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.

Tourist Income

Revenue generated by a country or region from visitors who travel there from other areas, spending on accommodations, attractions, and other services.