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DQ #5 - Essay Example

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Graphs have been popular in illustrating and portraying the ideas that a writer wants to communicate. This can been seen in the prevalent usage of different types of graphs on print and even on-line. Among the types of graph given by Lind, three is most prominent in business and newspapers which include line graph, bar graph, and pie chart…
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DQ #5
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Download file to see previous pages Lastly, the pie chart is important in showing the competitive position of a company against its competitors. Shares of companies in an industry are illustrated through pie chart as well as the contribution of sales among geographic locations.
Misleading graphs becomes a problem in portraying the real situation. This is as worse as distorting the data set as these are both done in order to exaggerate and convey wrong information to the reader. The graph on the equity market posted on Yahoo finance (http://finance.yahoo.com/marketupdate/overviewu) is an example of a misleading graph. It should be noted that the Dow and Nasdaq markets are shown in two line graphs which uses different intervals. Also, the graphs are misleading because the horizontal axes did not start at zero making the movements in composite price indices appear very large even if this is not the case. This problem can be remedied by displaying the performances of Dow and Nasdaq on one graph. Also, the horizontal axis should start at zero in order to give investors an appropriate view on the changes in composite price indices.
The use of focus group can be very helpful in gathering qualitative data especial ...Download file to see next pagesRead More
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