SCENARIO 14-2 The Treemap Below Shows the Amounts (Size) Measured in Billions

question 55

True/False

SCENARIO 14-2
The treemap below shows the amounts (size) measured in billions of US dollars and percentage changes from prior year (color) of business-to-consumer ecommerce sales last year for North America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa.
-Referring to SCENARIO 14-2, the Asia Pacific region has the largest amount of business-to-consumer ecommerce sales last year.

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Definitions:

Percentile

A measure used in statistics indicating the value below which a given percentage of observations in a group of observations falls.

Normal Model

A bell-shaped frequency distribution graph where the bulk of the values lie close to the mean, used in many statistical analyses to describe data sets.

Percentile

A measure used in statistics indicating the value below which a given percentage of observations in a group fall.

Standard Deviation

A metric that assesses the level of dispersion or scattering within a collection of data values.