Any good financial analyst knows the importance of effectively communicating results, which largely comes down to knowing the different types of charts and graphs and when and how to use them.In this guide, we outline the top 10 types of graphs[1] in Excel and what situation each kind is ...
Another way to represent data in the form of graphs is by using a frequency distribution graph. The graphs make this easy to understand the collected data. The following are the details of a graphical representation of a frequency distribution. (i) Bar Graph:Bar graphs are graphs that use re...
Types of Graphs Graphs are of two types: Time Series graphs Frequency Distribution graphs Time Series Graphs A time series graph or a “histogram” is a graph which depicts the value of a variable over a different point of time. In a time series graph, time is the most important factor...
Choosing a type of chart depends first and foremost on what kind of data you have and what you want to express. I find that charts and graphs are typically used to convey one of the following: comparisons/relationships, distribution, trends, composition, flow/process, or location. 1. Compari...
FAQ about the types of charts What’s the best chart to use for showing trends over time? Line graphs, knock it out of the park here. They’re the classic go-to for a reason. You plot your data points along two axes and join the dots. The resulting ups and downs show trends as ...
The line graphs below show the production of and demand for steel in million tonnes and the number of workers employed in the steel industry in the UK in 2010. Summarise the information by selecting and reporting the main features, and make comparisons where relevant. Write at least 150 words...
Explore the different Types of Graphs and Charts along with the field of study they are commonly used in to select the graph per your need.
Types of Line Graphs Simple Line Graph Only one line is plotted in this type of graph. One axis has the independent variables, while the other has the dependent variables. Multiple Line Graph The graph contains two or more lines that represent more than one variable in a dataset. It is us...
There are so many types of graphs and charts at your disposal, how do you know which should present your data? Here are 17 examples and why to use them.
Figure 4. Pie Graphs of the U.S. Age Distribution (numbers in millions) In a pie graph, each slice of the pie represents a share of the total, or a percentage. For example, 50% would be half of the pie and 20% would be one-fifth of the pie. The three pie graphs in Figure 4...