How to interpret graphs and charts boils down to basic analytical skills and the nature of the visualization.The latter is what this blog will focus on.Source:chartexpo.comWhy? For a chart to complement a compelling data story, it has to be simple, relevant, and clear. So the nature of...
A graph can seem very confusing when you first look at it. All of those lines and points just don't seem to make any sense. But a graph can be a very easy way to quickly see the data. We simply need to understand how to read graphs, tables, and charts. ...
If you know what to look for, graphs hold a wealth of information. When trying to interpret one, it's important to look at all the different aspects of the graph, including the title, the x-axis (which, remember, is horizontal, running along the bottom of the graph) and y-axis (...
A bar graph is used to compare data among different categories. Learn how to use bar graphs to represent data efficiently with the help of some examples.
And you’ve decided to conduct a survey because you know the results will help you move your business forward. But do you know how to interpret the survey results? Start by using anonline survey toolthat will provide you with the data you need to make better business decisions and build ...
In other words, it’s a diagram that represents changes in comparison to one or more variables. Too technical?👀 Take a look at the image for clarity: Wondering if graphs and charts in Excel are the same? Graphs are mostly numerical representations of data as it shows how one variable ...
Charts can help you to analyze data and interpret it, as well as to make it accessible to an audience. We provide a guide on how to know which chart to use and when.
On both the Reading and Writing sections of the SAT, there are questions that incorporate graphs, charts, and tables. On the Reading section, theOfficial SAT Study Guiderefers to these questions as "interpreting data presented in informational graphics." On the Writing section, they're referred ...
As we said earlier, our brains grasp visual content, such as graphs and maps, 60,000 times faster than table reports. This means a compelling data story loaded with easy-to-interpret charts can empower quicker decision-making.Patterns and Trends ...
Interpreting OHLC Charts There are several different techniques that technical analysts use to interpret OHLC charts. Here are several guidelines. Vertical Height:The vertical height of an OHLC bar is indicative of thevolatilityduring the period. If the line height is great, then traders know that ...