Which of the Following Is True About the Difference Between

question 62

Multiple Choice

Which of the following is true about the difference between stem and leaf diagrams and histograms?

• A) There is no difference.
• B) The stem and leaf diagram shows more information by showing the individual values.
• C) The histogram shows the shape center and spread of the distribution while the stem and leaf does not.
• D) The stem and leaf diagram shows less information than a histogram.

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Definitions:

Credit

An accounting entry that increases liabilities and equity or decreases assets, and in financial terms, it refers to the provision of resources (such as funds) by a creditor to a borrower.

Compound Entry

An accounting entry that involves more than two accounts, where there are multiple debits, multiple credits, or both in a single transaction.

Account

A summary document that captures every transaction associated with an individual entry in the accounting balance equation.

Financial Information

This encompasses all the data regarding the financial status, performance, and changes in financial position of an entity.