Question

In: Math

The following table represents the percentage of voters, by age, who favor increasing the minimum wage...

The following table represents the percentage of voters, by age, who favor increasing the minimum wage in a particular city.

Ages 18 - 29 30 - 39 40 - 49 50 - 59 60 and up Percentage 70% 30% 35% 15% 20%

a) Would a pie chart be appropriate for this data? Explain why or why not.

b) Would a Pareto chart be appropriate for this data? Explain why or why not.

Solutions

Expert Solution

a) Would a pie chart be appropriate for this data? Explain why or why not.

Pie chart is mostly used for displaying data for around 6 categories or fewer.So here we have data which are lesser than 6 categories. So pie chart for this data is more appropriate

Pie charts are generally used to show percentage or proportional data and usually the percentage represented by each category is provided next to the corresponding slice of pie

b) Would a Pareto chart be appropriate for this data? Explain why or why not.

compare to pie chart , pareto chart is more appropriate for the above data. Because the data we can use to make Histogram and the data visualization is more accurate and understandable in the pareto type of chart.The lengths of the bars represent frequency or cost (time or money), and are arranged with longest bars on the left and the shortest to the right. In this way the chart visually depicts which situations are more significant


Related Solutions

The following table represents the numbers of employees, by age group, who were promoted or not...
The following table represents the numbers of employees, by age group, who were promoted or not promoted in a sample of restaurants in last year. Using a 0.01 significance level, can you conclude that the people in some age groups are more likely to be promoted than those in other age groups? Age Under 30 30-39 40-49 50 and Over Promoted 89.0 77.0 102.0 63.0 Not Promoted 99.0 110.0 65.0 70.0 A) Calculate the table of expected values? Circle the...
1- Explain who will get the most and the least benefit of increasing the minimum wage...
1- Explain who will get the most and the least benefit of increasing the minimum wage 2- If you could set the minimum wage, what things would you consider for how high or low it should be? 3- increasing the minimum wage to $15 (a) Is this an example of price control? Is it a price ceiling or price floor? (b) What does classical economics suggest will happen based on you answer in (a)?
A smaller profit would be a deterrent for businesses in increasing the minimum wage if the...
A smaller profit would be a deterrent for businesses in increasing the minimum wage if the new minimum wage is too costly for the business. If a business's profit is insufficient to support its owners, the business is unsuccessful and will likely go under. If those same business owners could make more money, or a greater profit, on a different business venture or as employees themselves, then they will likely do that instead. In economics, profit is considered total revenue...
3.   The following table represents increasing cost production possibilities for the US and the rest of...
3.   The following table represents increasing cost production possibilities for the US and the rest of the world (ROW): Possibilities Curve                                    Possibilities Curve       Wheat              Cloth                           Wheat              Cloth                 0                  120                                 0                  200             40                  116                              40                  192             80                  100                              80                  180             120                  76                              120                  160             160                  40                              160                  120             200                    0                               180                      0 Using indifference curves and production possibilities curves, determine             A. equilibrium relative prices at which production and consumption...
The following contingency table represents the relationship between the age of a young adult and the...
The following contingency table represents the relationship between the age of a young adult and the type of movie preference                                18-23 yr 24-29 yr 30-35 yr                                                                            Science Fiction 14 9 8 Comedy 7 10 12 At the 0.05 level of significance, test the claim that the adult age and movie preference are independent (no relationship). H0:              H1: Test Statistic: Critical Region/Critical Value: Decision about H0:
A politician is proposing increasing the minimum wage. You tell them that the change in the...
A politician is proposing increasing the minimum wage. You tell them that the change in the number of jobs and unemployment depends on the elasticities of supply and demand. What pictures would you draw to show the size of the change in number of jobs available depends on the elasticity of demand? Give amount of pictures you would make, what would be on each axis, and the lines and curves that would be drawn.
How can small businesses thrive with minimum wage present and increasing?
How can small businesses thrive with minimum wage present and increasing?
What percentage of American workers get paid above minimum wage?
What percentage of American workers get paid above minimum wage? In general, why do such workers get paid more than the government-mandated minimum wage?
A senator wishes to estimate the proportion of United States voters who favor abolishing the Electoral...
A senator wishes to estimate the proportion of United States voters who favor abolishing the Electoral College.How large a sample is needed in order to be 98% confident that the sample proportion will not differ from the true proportion by more than 3%?
A senator wishes to estimate the proportion of United States voters who favor abolishing the Electoral...
A senator wishes to estimate the proportion of United States voters who favor abolishing the Electoral College.How large a sample is needed in order to be 98% confident that the sample proportion will not differ from the true proportion by more than 3%?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT