Why histograms and frequency polygons are used in business S
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Explain why histograms and frequency polygons are used in business statistics.
A graphical presentation may accomplish all but which of the following objectives?
a) Illustrate the amount of variation in the data.
b) Illustrate approximately where the mean is.
c) Allow comparison with similar data.
d) Will have the exact same shape regardless of what units are used on the axes.
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Solution Summary
Solution provides explanation as to why histograms and frequency polygons are used in business statistics.
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A histogram is a graph that consists of a series of columns, each having a class interval as its base and frequency of occurrence as its height. When the extreme points (tops) of the columns of a histogram ...
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