BUSINESS MATH

1. Which graph is best used to show the composition or breakdown of a whole?

• A. Bar Graph

• B. Line Graph

• C. Pie Chart

• D. Column Graph

2. What are the three most common measures of central tendency?

• A. Mean, Median, and Range

• B. Mode, Mean, and Median

• C. Variability, Mean, and Mode

• D. Median, Mean, and Variability

3. What is the main purpose of business charts?

• A. To entertain viewers

• B. To show numerical facts simply and informatively

• C. To illustrate random facts

• D. To present data without structure

4. Which graph connects data points with lines to show trends over time?

• A. Bar Graph

• B. Line Graph

• C. Pie Chart

• D. Column Graph

5. What is a unique feature of ratio-level data?

• A. It uses discrete variables only

• B. It includes an absolute zero

• C. It is only used for ranking
  

• D. It cannot measure differences
  

6. What is an example of ordinal data?

• A. Temperature

• B. Salary

• C. Ranking in a competition

• D. Calendar time

7. Why are column graphs more appropriate for time-series data than bar graphs?

• A. Because they are colorful

• B. Because they have a left-to-right bias

• C. Because they are easier to draw

• D. Because they use patterns

8. Which part of a pie chart represents the proportions of data values?

• A. Axis

• B. Slices

• C. Baseline

• D. Patterns

9. What does the interval level of measurement describe?

• A. Absolute differences with zero

• B. Differences between classes in degrees

• C. Only the identification of categories

• D. Discrete ranking data only

10. What is the function of the y-axis in a column graph?

• A. To show changes over time

• B. To represent the categories being compared

• C. To evaluate the amount of data

• D. To differentiate between data points