Creating an Appropriate Visual​Susan Has Been Asked to Give a Presentation

question 40

Essay

Creating an Appropriate Visual​Susan has been asked to give a presentation on budgeting to help her audience understand where and how they spend their money. From the data that she has gathered, she discovers that the typical household spends their income in the following areas proportionally to their monthly pay:​35% Housing20% Transportation20% Food10% Health care and health insurance5% Clothing5% Credit card debt and interest5% Entertainment​Select an appropriate visual to depict this information and explain why the visual would be appropriate for the presentation.

---

Definitions:

Compensation Level

The relative amount of payment or reward that an employee receives for doing their job, including wages, salaries, bonuses, and benefits.

Markov Model

A statistical model that predicts a system's future state based on its current state, often used in decision-making processes.

Probabilistic Model

A mathematical model that incorporates the element of chance or uncertainty to predict outcomes.

Personnel Supply

The availability of qualified and interested candidates in the labor market that an organization can recruit and hire to meet its workforce needs.