2023 ACSBR EM S1 EOY P1 Q8

2023 ACSBR EM S1 EOY P1 Q8

2 marks

The chart below shows the interest rates charged by a bank for a car loan from 2019 to 2023.

  1. State one misleading feature of the graph.[1]
  2. Explain how this feature affects the reader’s interpretation of the graph[1]

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Answer:(a) The vertical axis starts at \(1.4\%\), not \(0\%\). (b) This exaggerates the bar-height differences and can make \(2.2\%\) in 2022 appear twice as large as \(1.8\%\) in 2019.

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