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Graphical Representation of Statistical DataWhich mode of representation would you choose for the following dataset:The yearly revenue numbers for a company during the period 2010 - 2019. Note: More than one answer may be correct.Frequency PolygonHistogramBar GraphPie Chart

Question

Graphical Representation of Statistical DataWhich mode of representation would you choose for the following dataset:The yearly revenue numbers for a company during the period 2010 - 2019. Note: More than one answer may be correct.Frequency PolygonHistogramBar GraphPie Chart

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Solution

For the given dataset, which is the yearly revenue numbers for a company during the period 2010 - 2019, the suitable modes of representation would be:

  1. Bar Graph: A bar graph would be a good choice because it can clearly show the revenue for each year as a separate bar, making it easy to compare the revenues across the years.

  2. Line Graph: A line graph (which is essentially a frequency polygon without the bars) could also be used to represent this data. It would show the trend of the revenue over the years, making it easy to see whether the revenue is increasing, decreasing, or staying the same over time.

A Histogram is typically used for frequency distribution of grouped data, which doesn't seem to be the case here. A Pie Chart is best used when you want to show parts of a whole, which also doesn't apply to this dataset.

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