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Graph description - error correction

The document describes a graph illustrating Ford car production and cost from 1908 to 1924, highlighting a consistent production growth except during World War I, with a peak of 2.1 million units in 1923 and a cost drop to around $300. It notes a strong inverse relationship between production and cost trends, suggesting that as production increased, costs decreased. Additionally, it discusses trends in impressions and revenues, indicating a complex relationship where high impressions did not correlate with revenue growth, possibly due to market saturation or operational issues.

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NataliaRzonsowska
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10 views

Graph description - error correction

The document describes a graph illustrating Ford car production and cost from 1908 to 1924, highlighting a consistent production growth except during World War I, with a peak of 2.1 million units in 1923 and a cost drop to around $300. It notes a strong inverse relationship between production and cost trends, suggesting that as production increased, costs decreased. Additionally, it discusses trends in impressions and revenues, indicating a complex relationship where high impressions did not correlate with revenue growth, possibly due to market saturation or operational issues.

Uploaded by

NataliaRzonsowska
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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GRAPH DECRIPTION

ERROR CORRECTION

1. This graph shows data of manufacturing Ford cars from 1908 to 1924. The dashed line
represents cost of production Ford vehicles. Solid one represents production quantity.
This graph shows data of manufacturing Ford cars from 1908 to 1924. The dashed line
represents THE cost of THE production of Ford vehicles. THE solid one represents THE
production quantity.

[2.] Diving deep into the graph, production over time was consistently growing, except in
the years from 1916 to 1919. Probably this was caused because of world war.
Analysing the graph in details, THE production was consistently growing over time, except in
the THE TIME PERIOD from 1916 to 1919. This was probably caused by World War

2.[3.] After that it skyrocketed and reached its pick at 1923 with around 2.100.000
manufactured units.
After that it skyrocketed and reached its PEAK IN 1923 with around 2 100 000 manufacured
units

3.[4.] At the beginning of the graph we can see that the cost line have dramatically
decreased.
In the beginning of the described period it can be seen that the cost decreased dramatically.

4.[5.] From this description we can assume that this two line is strongly related witch each
other and because of that we can see some relations.
From this description it can be assumed that these two trends are strongly related with each
other and besauce of that some relations can be seen.

5.[6.] During all those years the cost was dropping down to around $300 in 1924.
The cost dropped down to around $300 in 1924.

6.[7.] We can clearly see, that both of those lines behave reversed to each other.
It can be clearly seen that both trends behave in reverse to each other.
The double line graph presents the cost and the production of Ford vehicles in the

early years of its manufacture. On the left site side the Y axis stands for the cost in dollars,

and on the right the axis shows for the number of produced cars in millions and the X axis

stands for years.

When it comes to tropics at in the beginingbeginning the production of Ford vehicles

is equal to almost 0. It is raising up until 1916. Then it reaches 0,85 million od produced cars

and starts going down. In 1919 it rockets, after that stops at in 1920 and begins growing again

at in 1921. It reaches its final point peak, which is like 2.08, in 1923.

The Cost is almost always going down for most of the time period. At In the

beginingbeginning it is very bighigh. It and is similar almostto 950$. When it reaches the

lowest point at in 1916, the price prize is like around 360$. It starts going up again till until

1919 and further it only goes only down.

As we it can seen these two lines values are very similar. These lines look like one

normal line and second on mirror. Very often, when one value increasaesincreases, then

second the second one decreases. They both start going presenting in different way trends in,

for example, 1916 and 1919. One of the reasons for that can be first world warFirst World
War. Then Ford didn’t sell too much many cars, because a lot of customers had money only

for something nesecities like food or different important things.


The double line graph represents trends in impressions and
revenues. The X axis represents the dates. The left Y axis shows the
quantity of impressions and the right one shows the revenue in pounds.
The Impressions experienced an initial surge, peaking in early
February, before gradually tapering off towards mid-March. In stark
contrast, the revenues exhibited a more erratic pattern, reaching a peak in
the late January, plummeting sharply in the early February, and then
staging a partial recovery by mid-March.
Looking at these trends, we can see a complex relationship between
impressions and revenues can be seen. At first, they seemed to go hand in
hand, but in February, they started to separate. Even though there were a
lot of impressions, the money made didn't increase in the same way. This
suggests that the way they were making money might not have been
working well, or people engaging with the product might not have been
spending much.
There could be a few reasons for these trends. The initial increase in
the impressions might be because of a big marketing push or a new
product that got a lot of attention. The decrease later on could be because
everyone had already knew knwon about it, or people started liking
something else. The drop in the revenue in February might be due to some
problems in how things were being done or a delay in taking advantage of
the high interest from users.

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