A student was studying the political party preferences of a university's student population. The survey instrument asked student
s to identify their political preferences—for example, Democrat, Republican, Libertarian, or another party. The best way to illustrate the frequencies for each political preference is a ______.
The best way to illustrate the frequencies for each political preference is a bar graph.
Explanation:
A bar graph is a graphical representation of data and it belongs to the frequency graphs. It is the best way to illustrate the frequencies of political preference because it is very easy to interpret and it shows the relative sizes: you can see which political preference is the most common and which is the least, at one glance.
The least total cost method (LTC) lot-sizing technique is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.