Consider the following survey results regarding marital status by age:
a. Construct a stacked column chart to display the survey data on marital status. Use Age Category as the variable on the horizontal axis.
b. Construct a clustered column chart to display the survey data. Use Age Category as the variable on the horizontal axis.
c. What can you infer about the relationship between age and marital status from the column charts in parts a and b? Which column chart (stacked or clustered) is best for interpreting this relationship? Why?
Definitions:
Industry
A sector of the economy characterized by the production of goods or provision of services within a certain field.
Interest Rate
The price paid for the use of borrowed funds, or the return earned on deposited funds.
New Capital
Funds or resources accumulated for the purpose of investment in new projects, expansion of operations, or renewal of facilities.
Investment
Investment involves allocating resources, usually financial, with the expectation of generating an income or profit, often through the purchase of assets designed to grow in value over time.
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