Provide an Appropriate Response If You Are Mostly Interested in the Number of People

question 75

Essay

Provide an appropriate response.
-Suppose that you want to construct a graph to represent the following data.
$$\begin{array} { l | c } \text { Blood Type } & \text { Frequency } \\\hline \mathrm { O } & 90 \\\mathrm {~A} & 84 \\\mathrm {~B} & 18 \\\mathrm { AB } & 8\end{array}$$
If you are mostly interested in the number of people in each category as a percentage of the total number of people, would a bar chart or a pie chart be more useful? Explain your thinking.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value, helping to determine its worth.

Intangible Benefits

Benefits that cannot be physically touched or quantified easily, such as brand reputation or customer loyalty.

Required Rate Of Return

The minimum percentage return an investor expects to achieve by investing in a particular asset or project.

Tangible Costs

Costs that have a clear and direct physical presence or can be easily measured in monetary terms.