Graphic Presentation
ICSE · Class 11 · Economics
Flashcards for Graphic Presentation — ICSE Class 11 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.
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What is graphic presentation?
Answer
Graphic presentation is a technique of presenting data on a graph paper. It shows statistical data in a simple, attractive form through lines or curves that indicate the behaviour of data or the relat…
Why is graphic presentation useful when diagrammatic presentation is not enough?
Answer
Diagrammatic representation fails to present data relating to time series and frequency distribution. Graphic presentation is used in such cases because it shows patterns, comparisons, and relationshi…
What are the main advantages of graphic presentation?
Answer
Graphic presentation is useful for time series and frequency distribution, locating positional averages like median and mode, interpolation, extrapolation and forecasting, and studying correlation bet…
What is the origin and role of the origin in a graph?
Answer
The origin is the point O where the X-axis and Y-axis intersect. It represents zero value and acts as the reference point for plotting all points on the graph.
How is a graph paper divided into quadrants?
Answer
A graph paper is divided into four quadrants by two perpendicular intersecting lines meeting at the origin O. These quadrants are used to locate points according to positive and negative values of X a…
Which quadrant is generally used in business and economic statistics?
Answer
Quadrant I, also called YOX, is generally used in business and economic statistics because both X and Y values are positive there.
What is the convention for placing independent and dependent variables on axes?
Answer
By convention, the independent variable is measured along the x-axis and the dependent variable on the y-axis.
What is a line frequency graph?
Answer
A line frequency graph represents a discrete series using straight lines. Values are taken on the X-axis and frequencies on the Y-axis. The length of the line represents frequency, so it is also calle…
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