A Diagram or Chart Is Required to Illustrate Data Differences

question 387

Multiple Choice

A diagram or chart is required to illustrate data differences given the following: 1. The diagram or chart must track at least two variables to determine the relationship between independent variables and include a regression or trend line. 2. The diagram or chart should include cause and effect analysis and investigate historical information. Which of the following should be used given these requirements?

• A) Pareto Chart
• B) Ishikawa Diagram
• C) Histogram
• D) Probability diagram
• E) Run chart
• F) Scatter chart

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Definitions:

Supply Price

The price of a given quantity at which producers will supply that quantity.

Quota Limit

The total amount of a good under a quota or quantity control that can be legally transacted.

Demand Price

The price at which consumers are willing to buy a specific quantity of a good or service.

Market Price

The present cost for purchasing or selling an asset or service.