Multinational corporations face stiff competition in the carbonated drink category. The pie chart to the right summarizes the market share of leading sellers of carbonated soft drinks in a recent Company 3 O Company 2 O Company 1 O Company 5 I Company 4 year. a) Is this an appropriate display for these data? Explain. b) Which company had the largest share of the market? O Other a) Is this an appropriate display for these data? Explain. O A. Yes, because each company falls into only one category and no categories overlap. O B. No, because there are too many companies to be displayed in a pie chart. O C. No, because each company might fall into more than one category and the categories overlap. O D. Yes, because the pie chart shows frequencies and no categories overlap.

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.