You have collected data on the number of households in Sydney actively using online banking and/or online bill payment from 2000 to 2018.Which of the following is the best for presenting the data?
A) A pie chart.
B) A side-by-side bar chart.
C) A time-series plot.
D) A stem-and-leaf display.

Question

Quizplus · Accepted Answer

A time-series plot would be the best choice to present the data because it shows how the number of households using online banking/bill payment has changed over time. Using a time-series plot, trends and patterns in the data can be easily identified, allowing for a more informed analysis of the data. A pie chart would not be appropriate for this type of data because it doesn't show changes over time, and a side-by-side bar chart would be better suited for comparing data across different categories rather than across different time periods. A stem-and-leaf display would not be appropriate for presenting this type of data because it is better suited for showing the distribution of a small dataset rather than a large dataset across time.

You Have Collected Data on the Number of Households in Sydney