Which of the Following Is a Key Difference Between a Bar

question 57

Multiple Choice

Which of the following is a key difference between a bar chart and a histogram?

• A) A bar chart typically has gaps between the bars while a histogram has no gaps.
• B) A bar chart is developed to analyze a continuous variable, while a histogram is used to analyze discrete variables.
• C) Both A and B are correct.
• D) There is actually no real difference between a bar chart and a histogram.

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Definitions:

Market-Based Risk

The risk of losses stemming from factors that affect the overall market, including fluctuations in interest rates, stock prices, and currencies.

Investment Risk

The possibility of losing some or all of the original investment, often measured by the volatility of returns.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is greater than their objective accuracy, often leading to riskier financial decisions.

Affect Heuristic

A mental shortcut that influences the way people make decisions based on their emotions and feelings.