Which Is a Reason for Using a Log Scale for Time

question 29

Multiple Choice

Which is a reason for using a log scale for time series data?

• A)It helps compare growth in time series of dissimilar magnitude.
• B)General business audiences find it easier to interpret a log scale.
• C)On a log scale, equal distances represent equal dollar amounts.
• D)The axis labels are usually easier to read in log units.

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Definitions:

Dirty Tricks

Unethical, deceptive, or unfair strategies employed to gain an advantage in a competition or negotiation.

Responding

The act of replying or reacting to something that has been said or done.

Social Contract Ethics

A theory in philosophy that posits moral and political rules are based on a contract or agreement among people to form the society in which they live.

Traditional Competitive Bargaining

A negotiation approach that primarily focuses on winning or gaining advantage over the opposing party.