What Is Chart And Its Types?

What is chart in Excel and its types?

Bar Charts illustrate comparisons among individual items.

In a Bar Chart, the categories are organized along the vertical axis and the values are organized along the horizontal axis.

To create a Bar Chart, arrange the data in columns or rows on the Worksheet.

A Bar Chart has the following sub-types − Clustered Bar..

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 chart explain?

A chart is a graphical representation for data visualization, in which “the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart”. A chart can represent tabular numeric data, functions or some kinds of quality structure and provides different info.

What are the types of charts?

14 Different Types of Graphs and Charts for Presenting DataColumn Chart. A column chart is used to show a comparison among different items, or it can show a comparison of items over time. … Bar Graph. … Line Graph. … Dual Axis Chart. … Area Chart. … Stacked Bar Chart. … Mekko Chart. … Pie Chart.More items…•Nov 9, 2020

What are charts explain about different types of charts?

Bar Graph- This type of graph is used to display numerical data in form of bars. Pie Chart- It is quite similar to a pie, cutting a whole circle into slivers and representing the data according the area. Line Graph- It is used to represent the constant change in numeric value.

What is the difference between graphs and charts?

Charts present information in the form of graphs, diagrams or tables. Graphs show the mathematical relationship between sets of data. Graphs are one type of chart, but not the only type of chart; in other words, all graphs are charts, but not all charts are graphs.

What is the other name for XY chart?

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

What are the elements of chart?

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

What are the five basic types of charts?

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.

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 are the 16 types of chart?

Column Chart. Column charts use vertical columns to show numerical comparisons between categories, and the number of columns should not be too large (the labels of the axis may appear incomplete if there are too many columns). … Bar Chart. … Line Chart. … Area Chart. … Pie Chart. … Scatter Plot. … Bubble Chart. … Gauge.More items…•Dec 1, 2019

What are 3 things a graph must have?

Essential Elements of Good Graphs:A title which describes the experiment. … The graph should fill the space allotted for the graph. … Each axis should be labeled with the quantity being measured and the units of measurement. … Each data point should be plotted in the proper position. … A line of best fit.More items…

How do you read charts?

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 a chart What are the advantages of charts?

Advantages of Charts A chart can create a clearer picture of a set of data values than a table with rows of numbers in it, allowing managers to incorporate this understanding into analysis and future planning.

What is a comparison chart?

A comparison chart is a chart that draws a comparison between two or more items on different parameters. You can either compare two items such as in the example below. Image Source. Or, you can use various parameters or comparison points to weigh up two or more items.

What is bubble chart used for?

Like the scatter plot, a bubble chart is primarily used to depict and show relationships between numeric variables. However, the addition of marker size as a dimension allows for the comparison between three variables rather than just two.

What are the components of chart?

What are the different components of chart ? explain Chart area: This is the area where the chart is inserted. Data series: This comprises of the various series which are present in a chart i.e., the row and column of numbers present. Axes: There are two axes present in a chart. … Plot area: The main area of the chart is the plot area.More items…•Dec 7, 2018