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ocr_text: Figure 3-12. Bar plot of US CPI data versus the time axis (also see Figure 3-7).\nTo create Figure 3-12, you can use the following code snippet: uo ETT\n# Taking the values of the previous twelve monthscpi_one_vear=cpiiloc[-12 i» | © 1 1\n1. color="black', label=" Change in CPI Year-on-Year', width=)pltgrid()plt - |_|\nBar plots can be limited for plotting continuous data such as the US CPI i INE |\nor stock prices i | 1\n- They can also be misleading when the scale is off. Bar plots are also n [\not recomended for large datasets since they clutter up the space. For th 0 i |\nis a specific sort of bar chart that is used to display the frequency dis\ntribution of continuous data by using bars to represent statistical infor\nmation. It indicates the number of observations that fall into the class\nor bin of values. An example of a histogram is shom in Fisre 3-13 To NRT - BIFFAI
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