I am creating my own company (clothing store) and have to create a circle graph and frequency table, and explain how they can help my company. I don't know what to put in them. I know a circle graph is often choosen to compare things like the cost of different aspects of manufacturing, the expenditures of one specific department, or the way income from sales is used by a company. And a frequency table lists numbers, fractions, and percentages observed for different intervals. Any ideas what I can put in them ?

Congratulations on starting your own clothing store! Circle graphs and frequency tables are great tools for analyzing data and gaining insights into your business. Here are some ideas for what you can include in them to help your company:

Circle Graph:
1. Sales by Product Category: Create a circle graph to visualize the percentage of sales for different product categories in your clothing store. This will give you a clear picture of which categories are the most popular and help you make informed decisions regarding inventory and marketing strategies.

2. Expenditure Breakdown: Use a circle graph to display the proportion of your company's expenses across various areas such as manufacturing, marketing, retail space, and employee wages. This can help you identify areas where you might be overspending and make necessary adjustments to improve profitability.

3. Income Allocation: Represent how the income generated from sales is allocated within the company using a circle graph. This can include categories like reinvestment into the business, savings, payroll, or expansion plans. It will help you understand how the profits are distributed and ensure you are managing your finances effectively.

Frequency Table:
1. Customer Age Groups: Create a frequency table to track the age groups of your customers. This will allow you to understand the demographics of your customer base and tailor your products, marketing messages, and store atmosphere to suit their preferences.

2. Sales by Day of the Week: Record the number of sales transactions for each day of the week and organize the data into a frequency table. This will help you identify which days are the busiest and plan your staff scheduling and promotions accordingly.

3. Price Range Frequencies: Analyze the price ranges of your products and create a frequency table to observe which price points are more popular among your customers. This information can guide your pricing strategy and determine which price ranges are the most profitable for your business.

Remember, the key is to collect relevant data and convert it into meaningful visualizations that can aid your decision-making process. Regularly updating and analyzing these graphs and tables will allow you to make data-driven decisions, adapt your business strategies, and optimize your operations for success.