Answer the Question In the Graph, Andrew Draws 5 Equally Spaced Bars of the Increase

question 67

Essay

Answer the question.
-Andrew creates a bar graph to show the increase in his company's sales. He wants to shov the milestones - years in which sales reached 10 million, 20 million, 30 million, 40 million, and 50 million dollars respectively.
The data are shown in the table below:
$\begin{array}{l|c}\text { Year } & \text { Sales (millions of dollars) } \\\hline 1975 & 10 \\1985 & 20 \\1993 & 30 \\1999 & 40 \\2003 & 50\end{array}$
In the graph, Andrew draws 5 equally spaced bars of heights 1 in, 2 in, 3 in, 4 in, and 5 in
respectively. The height of each bar corresponds to the amount of sales. He labels each bar
with the corresponding year (1975, 1985, 1993, 1999, 2003 respectively). Why is the graph
misleading?

---

Definitions:

Total Utility

The complete contentment derived from the consumption of a specific amount of a product or service.

Fair Bet

A gamble where the expected value of the potential outcomes is equal, implying that there is no net advantage or disadvantage to participating.

Zero Sum Game

A situation in game theory in which one participant's gains result exactly from losses incurred by other participants.

Expected Value

A calculated average of all possible values in a given probability distribution, weighted by the likelihood of each outcome.