To Construct a Histogram Using Excel's Chart Tools, Choose __________

question 2

Multiple Choice

To construct a histogram using Excel's Chart Tools, choose __________ as the chart type.

• A) column
• B) pie
• C) scatter
• D) line

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Definitions:

Lower Per Unit Costs

A reduction in the cost to produce a single unit of a product or service, usually achieved through economies of scale or technological advancements.

Division Of Labor

The allocation of different tasks to different people or entities based on specialization, contributing to efficiency in production.

Specialize

Refers to focusing on a specific area of study, work, or production to gain expertise and efficiency.

Production Possibilities

A concept in economics that describes the various combinations of goods and services that can be produced in an economy given its available resources and technology.