Multiple Choice
The time-series graph below gives the price (USD) of a gallon of gas each month over the course of a year. Find the time intervals during which gas prices are increasing.
2. Describing Data with Tables and Graphs
Time-Series Graph
Multiple Choice
In business statistics, a time-series plot is also known as which of the following?
A
Histogram
B
Scatter plot
C
Line graph
D
Box-and-whisker plot
Verified step by step guidance1
Understand that a time-series plot is used to display data points collected or recorded at successive points in time, often to identify trends or patterns over time.
Recall the common types of plots: a histogram shows frequency distribution, a scatter plot shows relationships between two variables, a box-and-whisker plot summarizes data distribution, and a line graph connects data points in order.
Recognize that a time-series plot connects data points in chronological order, which is characteristic of a line graph.
Conclude that the time-series plot is also known as a line graph because it visually represents data points over time connected by lines.
Therefore, among the given options, the correct match for a time-series plot is a line graph.
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