The table below shows the direct premium income of non-life insurance business for Nigeria in a particular year. Use the data to answer the questions that f...
Question 1 Report
The table below shows the direct premium income of non-life insurance business for Nigeria in a particular year. Use the data to answer the questions that follow:
| Type | Value in Naira | Percentage value |
| Fire Accident Motor Marine Miscellaneous |
24,532,000 13,770,000 94,442,000 49,536,000 20,040,000 |
12.1 6.8 ? 24.5 ? |
| Total | 202,320,000 | 100 |
(a) Calculate the missing percentages for motor and miscellaneous premium incomes.
(b) (i) Construct a percentage bar graph to illustrate the above statistics.
(ii) State two disadvantages of a percentage bar graph.
(c) Suggest an alternative method of representing the statistics.
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