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:

UCC Statute of Frauds

A section of the Uniform Commercial Code that requires certain types of contracts, such as those for the sale of goods over a certain value, to be in writing to be enforceable.

Specially Manufactured Goods

Items that are produced to a buyer's personal specifications, which are not suitable for sale to others in the ordinary course of the seller's business.

Promissory Estoppel

A legal doctrine that prevents a party from withdrawing a promise made to another party if the latter has relied upon that promise to their detriment.

Oral Contracts

Agreements between parties that are spoken rather than written but are still legally binding.