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How To Create Cobweb/staircase Diagrams in Excel: A. Creating The Iteration Data

This document provides instructions for creating cobweb/staircase diagrams in Excel. It describes: 1) Creating iteration data by entering initial values in columns A and B and copying the formulas down the columns. 2) Creating data for the curve and line by entering x-values in column D and y-values for the curve in column E. 3) Plotting the data by selecting the range and creating an XY scatter plot, assigning the curve to Series 2 using columns D and E and the line to Series 3 using the repeated x-values in column D.
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0% found this document useful (0 votes)
206 views3 pages

How To Create Cobweb/staircase Diagrams in Excel: A. Creating The Iteration Data

This document provides instructions for creating cobweb/staircase diagrams in Excel. It describes: 1) Creating iteration data by entering initial values in columns A and B and copying the formulas down the columns. 2) Creating data for the curve and line by entering x-values in column D and y-values for the curve in column E. 3) Plotting the data by selecting the range and creating an XY scatter plot, assigning the curve to Series 2 using columns D and E and the line to Series 3 using the repeated x-values in column D.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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How to create cobweb/staircase diagrams in Excel

A. Creating the iteration data


1. In A1, enter your chosen value of a (e.g. 2.5).
2. In B1, enter your chosen seed or starting value (e.g. 0.3).
3. In B2, enter the formula

=B1

4. In B3, enter the formula

=A$1*B1*(1-B1)

5. Copy-and-paste cells B2, B3 into B4, B5.


Copy-and-paste cells B2, B3 into B6, B7.

Copy-and-paste cells B2, B3 into B30, B31.


Column B now contains the x-coordinates we need.
This step can be cleverly speeded up. How?
6. In C1, enter the formula

=B2

7. Highlight cells C1:C30 and Fill Down (control-D).


Column C now contains the y-coordinates we need.

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How to create cobweb/staircase diagrams in Excel


B. Creating the data for the curve and the straight line
1. In D1, enter 0.
2. In D2, enter the formula

=D1+0.05

3. Highlight cells D2:D21 and Fill Down.


Column D now contains the x-coordinates for the curve and the
straight line.
4. In E1, enter the formula

=A$1*D1*(1-D1)

5. Highlight cells E1:E21 and Fill Down.


Column E now contains the y-coordinates for the curve. Weve
already got the y-coordinates for the straight line. Where?

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How to create cobweb/staircase diagrams in Excel


C. Plotting
1. Click-drag, and highlight columns B:E, rows 1:30.
2. Open the Chart Wizard (look for the bar chart icon on the toolbar:
).
3. Select XY (Scatter)
4. Select joined graph, no dots: the bottom right panel.

Click Next>.
5. Select the Series tab.
6. Select Series2. Change X Values to
=Sheet1!$D$1:$D$21
Change Y Values to
=Sheet1!$E$1:$E$21
Series 2 now corresponds to the plot of the curve.
7. Select Series3. Change X Values to
=Sheet1!$D$1:$D$21
Change Y Values to
=Sheet1!$D$1:$D$21
Series 3 now corresponds to the plot of the straight line.
8. Finish.
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