Bar and Pie Charts Are Graphical Techniques for Nominal Data

question 25

True/False

Bar and pie charts are graphical techniques for nominal data.The former focus the attention on the frequency of the occurrences of each category,and the later emphasizes the proportion of occurrences of each category.

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Definitions:

Accrued Interest

Interest that's been accrued but is still pending payment or receipt.

Deposit

A sum of money placed in an account or with a third party as security or for future payment.

Days

Units of time measuring 24 hours, often used to calculate interest, maturity dates, and other financial time periods.

Interest Earned

The amount of money gained as profit from an investment over a certain period of time.