In a Pie Chart Which of the Following Is a Good

question 54

Multiple Choice

In a pie chart which of the following is a good reason for using category data labels rather than the legend?

• A)They reveal more information.
• B)They take up less space.
• C)They are easier to format.
• D)They are easier to read.

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Definitions:

Dutch Auction

A type of auction where the auctioneer starts with a high asking price which is lowered until some participant is willing to accept the auctioneer’s price, or a predetermined minimum price is reached.

Sealed-Bid Auction

A type of auction where all bidders simultaneously submit sealed bids without knowing the bids of other participants.

Reserve Price

The minimum price a seller is willing to accept for an item being sold at auction.

English Auction

A type of auction in which the price ascends as participants sequentially bid higher prices until only one bidder remains, who wins the item.