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Histograms Are Used for Numerical Data While Bar Charts Are

question 158

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Histograms are used for numerical data while bar charts are suitable for categorical data.


Definitions:

Debt Ratio

A financial ratio that measures the proportion of a company's total liabilities to its total assets, indicating the extent of leverage and financial risk.

Total Liabilities

Total liabilities represent the aggregate amount of debts and other financial obligations for which an entity is responsible at a given time.

Total Assets

Total assets represent the sum of everything a company owns or controls that has economic value, including cash, property, and intellectual property.

Debt Ratio

A financial ratio that measures the extent of a company's leverage, indicating the proportion of its assets that are financed with debt.

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