Create a Graphical Display for the Data Given

question 88

Essay

Create a graphical display for the data given. You may choose any graphic type that you feel is appropriate. Write a fewsentences explaining why you chose this type of display and a few sentences describing any interesting patterns in thedata.
-The table below shows statistics for AIDS. The first column shows the estimated number of
people living with HIV/AIDS worldwide in various years. The second column shows the
estimated number of new HIV infections worldwide in various years. $$\begin{array} { c | c | c } \text { Year } & \begin{array} { c } \text { Number Living } \\\text { with HIV/AIDS } \\\text { (Millions) }\end{array} & \begin{array} { c } \text { New HIV Infections } \\\text { (Millions) }\end{array} \\\hline 1997 & 30.6 & 5.8 \\1998 & 33.4 & 5.8 \\1999 & 33.6 & 5.6 \\2000 & 36.1 & 5.3 \\2001 & 40.0 & 5.0 \\2002 & 42.0 & 5.0\end{array}$$

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Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, not based on cost differences but on consumers' willingness to pay.

Preference in Pricing

A practice where certain customers are offered better prices or terms than others, often based on the volume of business, loyalty, or strategic importance.

Clayton Act

A U.S. antitrust law aimed at promoting competition among businesses by prohibiting certain practices that restrict commerce.

Tying Contracts

Agreements where the sale of one product (the tying product) is conditioned on the purchase of another (the tied product).