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Provide an appropriate response.
-Shortly before an election, a market research firm took a poll to find out whether people
were planning to vote for or against a particular ballot measure. The results are shown
below. The ballot measure will pass if a simple majority (more than 50%)vote in favor of the
measure. You wish to construct a graph to represent the data. It should be easy to see from
your graph whether more than 50% of the people are planning to vote in favor of the
measure. Which graph would be more useful, a bar graph or a pie chart? Explain your
thinking.
Unpredictable Demand
A market condition where the desire for products or services cannot be accurately forecasted due to variability in consumer behavior, trends, or external factors.
Stable Demand
Relates to a market condition where the desire for a product or service remains relatively constant over time.
High Level
Pertaining to a broad, general approach or overview, often referring to decisions or strategies that are made at the upper echelons of an organization.
Large Inventories
Holding significant amounts of stock to handle demand fluctuations, reduce reorder frequency, or ensure product availability.
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