A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Much of the world's diamond industry is located in Africa, with Russia and Canada also showing large revenues from their diamond mining industry. A visual representation of the various shares of the world’s diamond revenues, adapted from Time Magazine,15 is shown below:

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a. Draw a pie chart to describe the various shares of the world’s diamond revenues.
b. Draw a bar chart to describe the various shares of the world’s diamond revenues.
c. Draw a Pareto chart to describe the various shares of the world’s diamond revenues.
d. Which of the charts is the most effective in describing the data?

Share of World Diamond
20%
Revenues
Russia
26%
Botswana
Others
18%
Canada
8-13%
Zimbabwe
10%
10%
South Africa
Angola
Source: Kimberley Process
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Transcribed Image Text:Share of World Diamond 20% Revenues Russia 26% Botswana Others 18% Canada 8-13% Zimbabwe 10% 10% South Africa Angola Source: Kimberley Process
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