Essay
The bar graph below shows the average cost of renting a studio in a certain city in each of the years 2002 through 2006. 
By what percentage does the average rental price increase from 2002 to 2003? Obtain a truncated version of the graph by sliding a piece of paper over the bottom portion of the graph so that the scale on the vertical axis starts at 300. In the truncated graph, by what percentage does the price appear to increase from 2002 to 2003? Why is the truncated graph misleading?
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The average price increases by 25% from ...View Answer
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