2. Histogram, Bar Chart, or Time Series Plot? Select which graphical display is

Question

2. Histogram, Bar Chart, or Time Series Plot? Select which graphical display is most appropriate to describe the distribution for each variable. Hint: First determine if the variable of interest is categorical or quantitative. (a) 2015 annual net profit for all Fortune 500 companies. (b) Month of highest vacancy for the year 2015 for all Marriott hotels in California. (c) Number corresponding to the predicted weather (1 = Sunny/Mostly Sunny, 2 = Cloudy/Mostly Cloudy, 3 = Rain) for tomorrow for all cities in Iowa. (d) Weekly closing price of Amazon.com stock during the past year. (e) Marital status of respondents to a survey on health care coverage.

Explanation / Answer

(a) Histogram

(b) Bar Chart

(c) Bar Chart

(d) Time Series

(e) Bar Chart

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