Which of the Following Is NOT True About Time-Series Charts

question 40

Multiple Choice

Which of the following is NOT true about time-series charts?

• A)Time,usually measured in months or years,is placed on the horizontal axis.
• B)The height of the bars is proportional to the frequency or percentage of observations.
• C)Frequencies or percentages are usually placed along the vertical axis.
• D)The values across the various time points are joined by a line.

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Definitions:

Adverse Selection

A situation where sellers have information that buyers do not, or vice versa, affecting transactions in a way that is disadvantageous to one party.

Cafeteria Plan

An employee benefit plan that allows workers to choose from a variety of pre-tax benefits, including health insurance, retirement plans, and cash.

Family Dental Coverage

A type of health insurance plan designed specifically to cover dental expenses for an individual and their family members.

Negative Externalities

Costs suffered by a third party due to the economic activities of others, not accounted for in the market price.