SS2 2.02 Understand charts and graphs used in business. Purpose of Charts and Graphs 1. Charts and graphs are used in business to communicate and clarify spreadsheet information. 2. Charts and graphs emphasize and categorize spreadsheet information into a format that can be quickly and easily analyzed. 3. Why might you use a chart to present spreadsheet information? A chart makes the information easier to understand. 4. What does a chart or graph do that a spreadsheet does not? Creates a visual representation of the data. Is it a Chart or a Graph? A Graph is a feature of a chart used to plot data. A Graph is a pictorial representation of data. It includes the: plot area gridlines and values. A graph is used in a chart . Is it a Chart or a Graph? A Chart is the total package that includes: titles values axis labels legend information color and adds meaning to the graph A Chart is the total package. It is an enhancement of a graph. Whereas spreadsheet data is often filled with numbers, labels, and values that require timeconsuming analysis. . . . a chart emphasizes and categories the spreadsheet information into a format that can be quickly and easily analyzed. Examples of Uses for Charts in Business Represent sales trends within different departments of a store Represent the contribution of individual employee sales to the total sales for a company Represent the percent of each expense to total expenses Analyze stock prices and explain the fluctuations to stockholders 6 Common types of charts Column Chart XY Scatter Chart Stacked Bar Chart Pie Chart Line Chart Exploded Pie Chart Column Chart Description: Series of vertical columns each representative of a data series Best Used For: Making comparisons and generalizations about groups of data, such as the attendance of each group of upperclassmen at assemblies 4.02 Understand charts/graphs used in business Slide 10 Column Chart Example Seniors Spirit Participation Juniors Sophomores Attendance Rate 100 80 60 40 20 0 January February March April Month 4.02 Understand charts/graphs used in business Slide 11 Stacked Bar Description: Series of horizontal or vertical bars that are each divided into two or more parts Each bar represents the contributions of one data group to the whole Best Used For: Comparing the contribution of individual items to the whole, such as the contribution of each department’s sales to the total sales for a quarter (3 months) Useful when you have more than one data series 4.02 Understand charts/graphs used in business Slide 12 Stacked Bar Example 8,000 3rd Quarter 7,000 15,755 3,500 25,000 Period 4th Quarter 3,500 2nd Quarter 8,000 5,000 1st Quarter 0 12,575 10,500 10,000 ABC Computers Quarterly Report Sales Analysis 2,500 Printers Computers Monitors 3,300 20,000 30,000 40,000 Sales (in Thousands) 4.02 Understand charts/graphs used in business Slide 13 Line Chart Description Series of data points connected by horizontal lines, each representing a series of data Best Used for: Comparing trends, such as the trends in sales of three departments in a store, over a period of time 4.02 Understand charts/graphs used in business Slide 14 Line Chart Example Sales Trends by Department Sales (in Thousands) 60,000 50,000 40,000 Music 30,000 Shoes Clothing 20,000 10,000 0 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Period 4.02 Understand charts/graphs used in business Slide 15 XY Scatter Description: Series of data points connected by horizontal lines, each representing a series of data Best Used For: Analyzing statistical or scientific data, such as determine a correlation between stressors and pulse rate; the effect of one on the other 4.02 Understand charts/graphs used in business Slide 16 XY Scatter Example Stress Analysis 140 Pulse Rate 120 100 80 Principal's Office 60 Doctor's Office 40 20 0 0 5 10 15 Wait Time (in Minutes) 4.02 Understand charts/graphs used in business Slide 17 Pie Chart Description: Represents only one data series Best Used For: Indicating the relationship of one component or data element to the whole, such as the percentage of sales contributions of printers, PDAs, and desktops to the total sales for one time period (one month, one quarter or year) Can only be used with one data series 4.02 Understand charts/graphs used in business Slide 18 Pie Chart Example Financial Budget East Region 13% 13% Printers 17% PDAs Desktops 57% 4.02 Understand charts/graphs used in business Laptops Slide 19 Exploded Pie Description: An enhanced version of the pie chart Best Used For: Emphasizing one or more portions of data 4.02 Understand charts/graphs used in business Slide 20 Exploded Pie Example Music Sales by Genre 16% 27% Classical Country 24% Rock Hip Hop 33% 4.02 Understand charts/graphs used in business Slide 21 Components of Graphs 1. Y-axis 5. Gridline 2. X-axis 6. Plot area 3. Data markers 7. Tick mark 4. Data series Y-axis r te ua r Q h 4t 3r d Q ua r ter r rte Qu a 2n d ua r te r 100 90 80 70 60 50 40 30 20 10 0 1s tQ Y- axis is the left vertical side of the graph. It contains the numerical data. Y-axis The X-axis 100 90 80 70 60 50 40 30 20 10 0 Y-axis r te ua r Q h 4t d Q ua r ter r rte 3r 2n d Qu a te r X-axis ua r X- axis is the bottom horizontal side of the graph. It contains the category information. 1s tQ The Data Markers r te ua r Q h 4t 3r d Q ua r ter r rte Qu a te r X-axis 2n d Remember: Data Markers must represent values! ua r Y-axis Markers are used in a graph to indicate data values. 1s tQ Data Data Marker 100 90 80 70 60 50 40 30 20 10 0 Data Series A Data Series is a collection of related values, such as one row or one column from a spreadsheet. Data Series Gridline A Gridline is a horizontal or vertical line that extends across the plot area of the graph for the purpose of adding clarification to the data. Gridlines make it easier to read and understand the values. Gridlines Example Scenario: This Stacked Bar Chart shows the Total Sales of each employee over a 4-month period. Question: What would make it easier to read? Answer: Gridlines Gridlines would make it much easier to read and understand the values. (Notice—there are NO gridlines in this chart!) 4.02 Understand charts/graphs used in business Plot Area Plot Area The Plot Area is the background portion of a graph. It is the rectangular area bound by the category (X) and values (Y) axes. (the gray area shown in this graph) Tick Mark The Tick Mark is used in a graph to clarify the data categories or values. Tick Marks 4.02 Understand charts/graphs used in business Slide 31 Components of Charts 8. Legend 10. Chart Title 9. Data Label 11. X-Axis Title 12. Y-Axis Title 4.02 Understand charts/graphs used in business Slide 32 Legend Legend The Legend is an object that explains the symbols, colors, or patterns used to differentiate the data. 4.02 Understand charts/graphs used in business Slide 33 Data Label A Data Label is a single value or text explanation used to explain the data in a series. It is a piece of data from the data series. Data Labels Example Scenario: This Column Chart compares the sales of the GY Music Store against the sales of Notes Online. Question: Which feature is used to indicate the sales amounts in the plot area? Answer: Data Labels Data Labels are used to explain the data in the series. Slide 35 Chart Title The Chart Title is the main heading, which describes the purpose and content of the chart. Chart Title Example Scenario: This Line Chart represents the effect of irrigation on plant height. Question: What feature should be added to explain the chart’s purpose? Answer: Chart Title The Chart Title is the Main Heading that describes the purpose and content of the chart. Axis Titles The Y-axis Title: describes the Y-axis, which is the vertical data. The X-axis Title describes the X-axis, which is the horizontal data. Axis Titles Now it’s your turn! See if you can identify all of the components and describe their functions. 2. 1. 5. 3. 4. 7. 6. 10. 8. 9. How did you do? 2. 1. 1. Data Series 2. Chart Title 5. 3. 3. Y-axis Labels 4. 4. Data Labels 5. Plot Area 6. Gridline 11. 7. 7. Legend 8. X-axis Labels 6. 9. X-axis Title 10. Tick Marks 11. Y-axis Label 10. 8. 9. Embedded and Separate Chart 1. An Embedded chart is one that appears on the same sheet as the spreadsheet/worksheet it represents. 2. A Separate chart is one that does not appear on the same sheet as the spreadsheet/worksheet it represents. Linked Chart 3. A Linked chart is one that will change to reflect changes made to the spreadsheet it represents.
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