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Does the Y-axis represent actual rates?

April 26, 2017actual rates y-axis

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Does the Y-axis represent actual rates?

1 Answer

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The y-axis (vertical axis) does not represent the historical rate for obvious reasons. It does, however, maintain the integrity of the last two digits so that when the historical rate ends in 00, the displayed rate will also end in 00. Thus, the all important “round number” areas can be used as an additional reference in conducting your chart analysis.