Imagine One of Your Colleagues Is Constructing a Pie-Chart to Graph

question 14

Multiple Choice

Imagine one of your colleagues is constructing a pie-chart to graph results of data collected on respondent's occupational prestige score,a score which can take on any non-zero value.What should be your first response upon reviewing the work?

• A)To note whether the "slices" of the pie sum to 100%
• B)To suggest that your colleague has used an inappropriate graphic device
• C)To ensure that the frequencies at each time point sum to N
• D)To check whether the bars representing the categories are contiguous as they should be

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Definitions:

Medium Of Exchange

A medium of exchange is an intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

Commodity Money

Money that has intrinsic value because it is made of materials that hold value, like gold or silver.

Fiat Money

Currency that a government has declared to be legal tender, despite it having no intrinsic value and not being backed by physical commodities.

Intrinsic Value

The inherent worth of an asset, independent of its market price, often based on what is fundamentally valuable about the asset.