Distribution of Property Types in the Real Estate Market
What are the segments of the pie chart?
Residential Properties, Commercial Properties, Industrial Properties, Mixed-Use Properties, Vacant Land, Multi-Family Properties, Single-Family Properties, Condos, Townhouses, Co-ops
What is the sum of the segments of the pie chart?
100
Is this pie chart misleading? Explain
Yes, the pie chart is misleading. The chart uses over-segmentation by breaking down the property types into too many categories, which makes it difficult for viewers to accurately compare the proportions. Additionally, some categories are very similar or could be grouped together (e.g., "Residential Properties," "Single-Family Properties," "Multi-Family Properties," "Condos," "Townhouses," and "Co-ops"). This over-segmentation can distort the perception of the data distribution and lead to confusion.