Which of the Following Graphs Is Used to Summarize Qualitative

question 75

Multiple Choice

Which of the following graphs is used to summarize qualitative data?

• A)Histogram
• B)Bar Chart
• C)Time series plot
• D)Stem-and-leaf display
• E)Scatter plot

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Definitions:

Margin of Safety Percentage

A financial metric indicating the amount by which sales can drop before reaching the break-even point.

Fixed Expenses

are costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance premiums.

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.

Variable Expenses

Costs that change in proportion to the level of production or sales activity.