Which of the Following Statements Is True

question 7

Multiple Choice

Which of the following statements is true?

• A) In constructing a pie chart for a categorical variable, one sector of the pie is assigned to each category of the variable.
• B) A bar chart for a categorical variable shows the same distribution of measurements in categories as the pie chart, but with the height of each bar measuring how often a particular category was observed.
• C) The categories for a qualitative variable should be chosen so that a measurement will belong to one and only one category, and each measurement has a category to which it can be assigned.
• D) In constructing a pie chart for a categorical variable, one sector of the pie is assigned to each category of the variable and a bar chart for a categorical variable shows the same distribution of measurements in categories as the pie chart, but with the height of each bar measuring how often a particular category was observed.
• E) All of these.

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Definitions:

Diversification

A strategy employed by businesses to enter new markets or industries, or develop new products, to reduce risks and dependence on a single income source.

Horizontal Merger

The combination of two or more companies that operate in the same industry or production stage, leading to consolidation.

Real Estate Agency

A real estate agency is a business that arranges the selling, renting, or management of properties and other buildings.

Real Estate Developer

A person or company that invests in and develops the potential of land or buildings, with the aim of selling or leasing properties for a profit.