Q.5 If a company interested to know how
its sales and profits have fluctuated over
the years, which of the following should
it prepare? (Choose the correct
alternative)
O Bar diagram
O Pie diagram
O Histogram
O Arithmetic line graph
Answers
Answer:
arithmetic line graph
An arithmetic line graph also called time series graph should be prepared for the above data.
Companies use various graphs and charts to record and monitor several performance parameters.
1) Bar diagram-
It is used to compare data between different groups/ categories. The different categories are placed along one axix and a numeric variable is place along the other axis. Rectangular bars are used in it.
2) Pie diagram-
Here we divide the circle into various segments and put different categories into each segment .Using the area of the segment we compare the different categories. We are able to see the percentage value of each category.
3) Histogram-
Through histogram we compare the frequency of a category we put along one axis. It also uses rectangular bars like bar diagram but the rectangular bars have no gap between them here.
In bar diagram we compare different categories ,here we see the frequency of a single category.
4) Arithmetic line graph or time series graph-
In this time is plotted in the x axis. It could be month year weeks etc. And the numeric data is plotted on the y axis. The data is then compared with respect to time . It can be a one variable or two variable graph
In the above question it will be a two variable graph with values of sales and profit plotted on the y axis.
Further links-
https://www.google.com/url?sa=t&source=web&rct=j&url=https://brainly.in/question/7583729&ved=2ahUKEwiy-v26htf5AhWTTGwGHf6RCRAQjjh6BAgJEAE&usg=AOvVaw0Ixt7R4ySqfWxeMKL7A9T4
https://www.google.com/url?sa=t&source=web&rct=j&url=https://brainly.in/question/26932860&ved=2ahUKEwiA5JDEhtf5AhURRmwGHXYFA6YQjjh6BAgHEAE&usg=AOvVaw3pb4A4aoITchVT5slK9C22
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