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Line Charts or Graphs Are Used When One Factor in Time

question 43

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Line charts or graphs are used when one factor in time is compared with another over a period of time.Therefore,there should be seven or eight lines at most in multi-line charts.


Definitions:

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values.

Mean Number

The average value obtained by dividing the sum of all values in a dataset by the number of values.

Significance Level

A threshold in hypothesis testing, typically denoted by alpha, indicating the probability of rejecting the null hypothesis when it is actually true.

Known Variance

In statistics, refers to a situation where the variance of a population is a known quantity, facilitating certain types of inference.

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