Quick Answer: What Is Category Name Chart?

What are the three types of chart?

There are several different types of charts and graphs.

The four most common are probably line graphs, bar graphs and histograms, pie charts, and Cartesian graphs.

They are generally used for, and are best for, quite different things..

What is a chart used for?

The main functions of a chart are to display data and invite further exploration of a topic. Charts are used in situations where a simple table won’t adequately demonstrate important relationships or patterns between data points.

How do I choose a chart type?

If you want to compare values, use a pie chart — for relative comparison — or bar charts — for precise comparison. If you want to compare volumes, use an area chart or a bubble chart. If you want to show trends and patterns in your data, use a line chart, bar chart, or scatter plot.

What is a category chart?

What is a category chart? A category chart has different categories on the X axis, and displays values of one or more data series on the Y axes as a series of bars. The values corresponding to each category are plotted consecutively in model row order.

What is chart name?

Well-known named charts Gantt chart. Nolan chart. PERT chart. Smith chart.

What is the other name for XY chart?

SCATTER PLOTSCATTER PLOT OR SCATTER GRAPH IS ANOTHER NAME OF XY CHART.

What are the three elements in a pie chart?

The following pages describe the different parts of a pie chart.The Title. The title offers a short explanation of what is in your graph. … The Legend. The legend tells what each slice represents. … The Source. The source explains where you found the information that is in your graph. … The Data.

Which type of chart is the following?

Use bar charts to show comparisons among individual items. Bar charts have the following chart subtypes: Clustered bar and 3-D Clustered bar chart Compares values across categories. In a clustered bar chart, the categories are typically organized along the vertical axis, and the values along the horizontal axis.

What does a line chart represent?

A line chart is a graphical representation of an asset’s historical price action that connects a series of data points with a continuous line. … Line charts can be used on any timeframe, but most often using day-to-day price changes.

Important things to know when learning how to read a stock chartIdentify the trend line. This is that blue line you see every time you hear about a stock – it’s either going up or down right? … Look for lines of support and resistance. … Know when dividends and stock splits occur. … Understand historic trading volumes.Mar 4, 2021

What is the purpose of using category name in chart?

Category names Excel uses column or row headings in the worksheet data for category axis names. In the example above, the worksheet row headings 1st Quarter, 2nd Quarter, and so on appear as category axis names. You can change whether Excel uses column or row headings for category axis names or create different names.

What are the elements of charts?

Following is a brief description of various elements of a chart:Chart Area. It is the total area that contains all the elements of the chart. … Plot Area. It is the area that actually represents the data in graphical form. … Series. … X-axis. … Y-axis. … Legend. … Chart Toolbar.Apr 11, 2016

How do you create a chart?

Create a chartSelect data for the chart.Select Insert > Recommended Charts.Select a chart on the Recommended Charts tab, to preview the chart. Note: You can select the data you want in the chart and press ALT + F1 to create a chart immediately, but it might not be the best chart for the data. … Select a chart.Select OK.

What are types of charts?

Types of chartsBar chart.Pie chart.Histogram.Scattered plot chart.Dot plot chart.Spider chart or radar chart.Stock chart.Candlestick chart.More items…•Feb 11, 2021

What are the 3 main types of graphs?

Three types of graphs are used in this course: line graphs, pie graphs, and bar graphs. Each is discussed below.

What is a good chart?

Bar charts are good for comparisons, while line charts work better for trends. Scatter plot charts are good for relationships and distributions, but pie charts should be used only for simple compositions — never for comparisons or distributions.

What is the other name of horizontal axis of a chart?

Category AxisThe horizontal axis of a chart is called a Category Axis because it categorizes or shows text labels.