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Kent has gathered data concerning people's preferences for traditional breakfast foods.He has learned that 30 percent of the population prefer eggs in the morning,50 percent of the population prefer something sweet for breakfast like a doughnut,and an overwhelming 86 percent prefer food that they can eat while they drive to work.What method of analyzing the data has Kent used?
Calculate Interest
Determining the cost of borrowing money or the profit from lending money, based on the principal sum, rate, and time.
Adjustment
An accounting entry made into a journal that is used to record changes in account balances.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, presenting the financial results over a specific period.
Normal Balance
The side (debit or credit) of an account on which increases to the account are recorded, depending on the account type.
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