The Wells Fargo Gallup Small Business Index survey from Exercise 23

The Wells...

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The Wells Fargo Gallup Small Business Index survey from Exercise 23

The Wells Fargo/Gallup Small Business Index survey from Exercise 23 also asked 604 small businesses about their cash flow over the next 12 months. 13% responded “Very Good,” 37% “Somewhat good,” 21% “Neither good nor poor,” 20% “Somewhat poor,” and 7% “Very poor.”
a) What do you notice about the percentages listed?
b) Make a bar chart to display the results and label it clearly.
c) Would a pie chart be an effective way of communicating this information? Why or why not?
d) Write a couple of sentences on the responses of small business owners about their cash flow in the next 12 months.

The Wells Fargo Gallup Small Business Index survey from Exercise 23

Tanmoy · Accepted Answer

WELLS FARGO GALLUP SMALL BUSINESS INDEX SURVEY
Table of Contents
Analysis	3
References	5
Analysis
a) The percentages which are being reflected do not add upto 100% but rather to 98%. This signifies that either the data are missing or there are rounding errors which was concluded in percentage and thus are being added upto 98% instead of 100%. 
b)  
	Well Fargo
	 
	 
	Very Good
	13%
	Somewhat Good
	37%
	Neither Good nor Poor
	21%
	Somewhat Poor
	20%
	Very Poor
	7%
c) This in case where the data actually do not add upto 100%,

The Wells Fargo Gallup Small Business Index survey from Exercise 23 The Wells Fargo/Gallup Small Business Index survey from Exercise 23 also asked 604 small businesses about their cash flow over the...

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