Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN: 9781305627734

Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher: Cengage Learning

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Textbook Question

Chapter 3, Problem 14P

The total number of term life insurance contracts sold in Problem 13 is 199. The following pie chart shows the percentages of contracts sold by each salesperson.

Chapter 3, Problem 14P, The total number of term life insurance contracts sold in Problem 13 is 199. The following pie chart

a. What are the problems with using a pie chart to display these data?
b. What type of chart would be preferred for displaying the data in this pie chart?
c. Use a different type of chart to display the percentage of contracts sold by each salesperson that conveys the data better than the pie chart. Format the chart and add data labels to improve the chart’s readability.

Expert Solution & Answer

Chapter 3 Solutions

Essentials of Business Analytics (MindTap Course List)

Ch. 3 - A sales manager is trying to determine appropriate...Ch. 3 - The following table shows an example of gross...Ch. 3 - The following table provides monthly revenue...Ch. 3 - In the file MajorSalary, data have been collected...Ch. 3 - Entrepreneur magazine ranks franchises. Among the...Ch. 3 - The file MutualFunds contains a data set with...Ch. 3 - The file TaxData contains information from federal...Ch. 3 - The file FDICBankFailures contains data on...Ch. 3 - The following 20 observations are for two...Ch. 3 - The file Fortune500 contains data for profits and...

Ch. 3 - The International Organization of Motor Vehicle...Ch. 3 - Prob. 12P Ch. 3 - Prob. 13P Ch. 3 - The total number of term life insurance contracts...Ch. 3 - An automotive company is considering the...Ch. 3 - Consider the following survey results regarding...Ch. 3 - The Northwest regional manager of Logan Outdoor...Ch. 3 - The Ajax Company uses a portfolio approach to...Ch. 3 - Heat maps can be very useful for identifying...Ch. 3 - The following table shows monthly revenue for six...Ch. 3 - Prob. 21P Ch. 3 - Aurora Radiological Services is a health care...Ch. 3 - The motion picture industry is an extremely...

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