While Preparing for a Meeting on the Organization's Budget,Andrew Wanted

question 70

Multiple Choice

While preparing for a meeting on the organization's budget,Andrew wanted to develop a graph that would quickly show the previous year's distribution of funds for each division in the company.Which type of graph should Andrew choose?

• A)Line graph
• B)Bar graph
• C)Pie graph
• D)Presentational graph

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Definitions:

SST

In the context of statistics, often short for Sum of Squares Total, representing the total variability of a dataset.

Estimated Regression Equation

A formula that predicts a dependent variable based on one or more independent variables.

Sales

A measure of the total amount of goods and services sold by a company in a specific period.

Coefficient Of Determination

A statistical measure that explains how much the variance of one variable explains the variance of the second variable.