Ansewer the following in detail
(1) 'Graphs/diagrams are a better method of precisely presenting economic information.' Explain
Answers
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Diagram offers a different and classy presentation: People are drawn to diagrammatic presentations of data because they are pleasing to the eye and increase the statistics.
Diagrams have a positive visual impact: The visual impact of the graphic compels viewers to consider the state of the statistics.
They ease comparison: By putting the information in front of the observer, it is simple to compare the facts.
Saves time: Diagrams depict the collection of data in a way that makes it easy to understand their significance.
Diagrams condense complexity and clearly show the qualities of the data.
Graphs show the data series' trend, which is useful for straightforward forecasting.
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