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Fundamentals of Business Economics

CHAPTER 8 – SUMMARISING AND ANALYSING DATA

8.1 The following statements refer to qualities of good information:

1 It should be communicated to the right person.

2 It should be sufficiently accurate before it is used.

3 It should be understandable by the recipient.

Which of the above statements are correct?

A 1 and 2 only

B 1 and 3 only

C 2 and 3 only

D 1, 2 and 3

8.2 A table has five rows showing exam results and three columns showing
schools in a town. Which of the following charts could be used to show the
data?

(i) A single pie chart

(ii) A multiple bar chart

(iii) A simple bar chart

(iv) A component bar chart

A (i) and (ii)

B (ii) and (iii)

C (i) and (iv)

D (ii) and (iv)

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