Construct a Pie Chart Representing the Given Data Set A)


B)

question 13

Multiple Choice

Construct a pie chart representing the given data set.
-The following data give the distribution of the types of houses in a town containing 26,000 houses. $\begin{array}{r|c|c}\text { House Type } & \text { Frequency } & \text { Relative Frequency } \\\hline \text { Cape } & 6500 & 0.25 \\\text { Garrison } & 10,400 & 0.35 \\\text { Split } & 9100 & 0.40\end{array}$

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Definitions:

Fair Value

Fair value is the estimated market price of an asset or liability, reflecting the amount for which it could be exchanged or settled in a transaction between knowledgeable, willing parties under no compulsion.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the appropriate period, ensuring accurate financial reporting.

Long-Term Investment

Investments held for an extended period, typically exceeding one year, such as stocks, bonds, or real estate, aiming for prolonged growth.

Fair Value

A valuation of an asset or liability determined by the price it would fetch if sold, or the cost to transfer it, in a smooth transaction among participants in the market.