An economist is evaluating the relationship between the inflation rates for Australia and New Zealand.Which of the following is the best for presenting the data?
A) A contingency table.
B) A time-series plot.
C) A histogram.
D) None of the above.

Question

Quizplus · Accepted Answer

A time-series plot would be the best choice for presenting the relationship between the inflation rates for Australia and New Zealand over time. This would allow for easy visualization of any patterns or trends in the data. A contingency table would be more appropriate for categorical data, and a histogram would be more appropriate for showing the distribution of a single variable.

An Economist Is Evaluating the Relationship Between the Inflation Rates