Statistics Canada Report 2010 Results in the Following Chart

question 49

Multiple Choice

Statistics Canada report 2010 results in the following chart. Is the data quantitative or qualitative? What is the name of the table shown?

• A) quantitative, simple table
• B) quantitative, pie chart
• C) qualitative, frequency table
• D) qualitative, pie chart
• E) quantitative, bar chart

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Definitions:

Compounded

The process where the value of an investment increases because the earnings on an investment, both capital and interest, earn interest as time passes.

Future Value

The value of an investment at a specific date in the future, calculated by applying expected rates of return.

Ordinary Annuity

A series of equal payments or receipts that occur at the end of each period for a fixed duration.

Compounded Annually

Describes the method by which the interest earned on an investment is calculated and added to the principal balance once per year, leading to an increase in the amount of future interest.