What is the appropriate method to represent the following data?

Year 2018 2019 2020 2021 2022
Price $89 $95 $101 $120 $140
(1 point)
Responses

scatterplot
scatterplot

two-way frequency table
two-way frequency table

pie chart
pie chart

frequency table

1 answer

To represent the provided data effectively, a scatterplot would be the most appropriate method.

Here's why:

  • The data consists of two numerical variables (Year and Price), making a scatterplot suitable for displaying the relationship between them.
  • A scatterplot allows you to visualize trends, such as how prices have changed over the years.

Other options like a pie chart and frequency table are not suitable as they do not effectively represent the relationship between the two continuous variables. A two-way frequency table is also not appropriate here as your data does not involve categories or two different variables needing counts.

So, the best choice is scatterplot.