The Wells Fargo/Gallup Small Business Index asked 604 small business owners in October 2011 “how difficult or easy do you think it will be for your company to obtain credit when you need it?” 22% said “Very difficult,” 21% “Somewhat difficult,” 28% “About Average,” 11% “Somewhat easy,” and 11% “Very Easy.”
a) What do you notice about the percentages listed? How could this be?
b) Make a bar chart to display the results and label it clearly.
c) Would a pie chart be an effective way of communicating this information? Why or why not?
d) Write a couple of sentences on how small businesses felt about the difficulty of obtaining credit in late 2011.