Figure 1.8 provides a bar chart showing the annual advertising revenue for Facebook from 2010 to 2017

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Figure 1.8 provides a bar chart showing the annual advertising revenue for Facebook from 2010 to 2017 (Facebook Annual Reports). 

a. What is the variable of interest?

b. Are the data categorical or quantitative? 

c. Are the data time series or cross-sectional? 

d. Comment on the trend in Facebook’s annual advertising revenue over time 

45 40 35 30 25 20 15 10 2010 2011 2012 2013 2014 2015 2016 2017 Year Advertising Revenue ($ Billions)

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Statistics For Business & Economics

ISBN: 9781337901062

14th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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