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The Bar Graph Below Shows the Average Cost of Renting

Question 58

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The bar graph below shows the average cost of renting a studio in one city in each of the years 2002 through 2006. The bar graph below shows the average cost of renting a studio in one city in each of the years 2002 through 2006. By what percentage does the average price increase from 2002 to 2003? Obtain a truncated version of the graph by sliding a piece of paper over the bottom of the graph so that the bars start 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? By what percentage does the average price increase from 2002 to 2003? Obtain a truncated version of the graph by sliding a piece of paper over the bottom of the graph so that the bars start 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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