You Have Data for Sales of Pizza for Each of the 50

question 73

Multiple Choice

You have data for sales of pizza for each of the 50 states in 2011.The type of graph to best display these data would be a

• A) cross-section graph.
• B) time-series graph.
• C) scatter diagram.
• D) multi-variable time-series graph.
• E) trend-line diagram.

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Definitions:

Non-Interest-Bearing

Refers to financial instruments or accounts that do not yield interest over time, such as some checking accounts.

Discounted

The practice of reducing the selling price of goods or services, often to encourage sales.

Discount Method

A financial strategy where the interest and financing charges are calculated at the time of the sale and deducted from the principal before the loan is disbursed.

Actual Interest Rate

The real rate of interest earned or paid on an investment, loan, or savings, taking into account compounding and fees.