Graphs are everywhere in the news, but just because a graph is in print does not mean that it is trustworthy. Review the graph a

Question

m_a_m_a [10]

1 year ago

11

Graphs are everywhere in the news, but just because a graph is in print does not mean that it is trustworthy. Review the graph a

nd determine why it is misleading or inaccurate.

Mathematics

1 answer:

Contact [7] · Answer 1 · 2023-08-11T13:49:46+03:00

Answer:

Kindly check explanation

Step-by-step explanation:

Taking a careful look at the graph above, the graph depicts that there is sizeable growth or increase in the rate of interest between 2008 to 2012. However, the actual increase in the rate of interest between 2008 - 2012 is (3.152% - 3.141%) = 0.011%. This change is very small compared to what is portrayed by the pictorial representation of the bar graph. This could be due to the scaling of the vertical axis which didn't start from 0, thereby exaggerating the increase in the actual rate of interest. It will thus mislead observers into thinking the increase is huge.