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undefined The Statistics Department at the Bank of Canada has tabulated the daily exchange rates between the Canadian Dollar and the US Dollar (CAD-USD process)
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The Statistics Department at the Bank of Canada has tabulated the daily exchange rates between the Canadian Dollar and the US Dollar (CAD-USD process) as well as the Canadian Dollar and the Japanese Yen (CAD-JPY process) for the time period January 1, 1998 to December 31, 2012. The total number of values for each process is 5479. The department wishes to publish a graph of the two exchange rate trends in order to have a visual representation of their fluctuations over time. What chart would best suit this scenario? A. Column chart. One column representing a data point of the CAD-USD process and, on top of it, another column representing a data point of the CAD-JPY process, similar to what is shown in the following figure: ill B. Line chart. One line for the CAD-USD process, and other other for the CAD-JPY process, similar to what is shown in the following figure: C. Stock chart, e.g. an Open-High-Low-Close chart is ideal for this type of data. D. Pie chart, which is easily readable by everyone. One slice of the pie shall represent the CAD-USD process, whereas the other slice will graph the CAD-JPY processStep by Step Solution
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