Use the Following Information to Answer Questions (17) - (18)

question 48

Multiple Choice

Use the following information to answer questions (17) - (18) :
A large state university conducted a survey among their students and received 400 responses.
The survey asked the students to provide the following information:
* Age
* Year in School (Freshman, Sophomore, Junior, Senior)
* Major
-What type of graph would you use to describe the variables Major and Year in School?

• A)A side-by-side bar chart should be used since these are two categorical variables.
• B)A side-by-side bar chart should be used since these are two numerical variables.
• C)A side-by-side histogram should be used since these are two categorical variables.
• D)A side-by-side histogram should be used since these are two numerical variables.

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Definitions:

Costs

The amount of money required to produce or acquire goods or services, including manufacturing, purchasing, and marketing expenses.

Taxes

Compulsory financial charges or levies imposed on individuals or entities by a governmental organization in order to fund public expenditures.

Accounts Payable

Obligations of a company to pay off short-term debts to its suppliers or creditors.

Net Working Capital

This is the difference between a company's current assets and its current liabilities, indicating its short-term financial health and ability to cover short-term obligations.