Essay
Answer the question.
-The bar graph below shows the average cost of renting a studio in a certain city in each of
the years 1994 through 1998. 
By what percentage does the average rental price increase from 1994 to 1995? 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 1994 to 1995? Why is the truncated
graph misleading?
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