Q3 Use Graphs Responsibly

Figure 1 shows the rate of change from one year to the next. For example, in the first year there was a 3.3% increase in revenue. The chart in Figure 1 seems to show a dramatic change from year to year even though the changes in percentage were relatively small.

1. How could you change this chart to make the yearly percentage changes seem less dramatic?

1. Create a chart (like the one above) that makes the percent change seem less dramatic. Paste a picture and label it as Figure 2.

1. Why would it matter whether the chart made the increments look more or less dramatic? How could a chart be used to influence people's perception of the situation?

Q4 Forecast the next three (3) years.

Forecast the change rate for out-years 2022-2024. You may use Excel's Forecasting function, or you may use simple averages.

1. What are your projected revenues for each year?

1. Explain the process you used to forecast these amounts.

1. Explain why you rejected other options for forecasting.

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