Description
In this week?s business article review, CBC (Canadian Broadcasting Corporation) hit the ball out of the park with their effective use of frequency distribution polygons and cumulative frequency distribution polygons. ?The article depicted the impact of the pandemic on jobs, travel, hospitalization, and home costs in Canada from 2019-2021.
Without reading the article, you can look at the labor histogram and clearly see young adults 15-24 had the largest drop in employment. ?Also, CBC effectively used two y-axes so the readers could compare males and females in different age groups.
Canadian travel is depicted for domestic, international, and travel to the United States. On March 13, 2020, when the government urged residents not to travel internationally, travel came to a standstill for international and US travel. ?The text box at the drop point is key to making the analysis more effective. It can also be deducted from the histogram that domestic travel rebounded quickly due to lack of other travel.
Canadian home prices increase substantially across the board from 2019-2021, all providences seeing at least a $100,000 increase. ?The reader can easily deduce price increases in each geographic area and for Canada as a whole. ?What could have made this even better is percentage changes. ?For example, Halfax-Dartmoth?s costs went up $125,000, a 42% increase. ?Greater Toronto?s costs increased by $220,000, which comparatively, is only a 29% increase.
