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Business Analytics Assignmnet 2

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11 views12 pages

Business Analytics Assignmnet 2

Uploaded by

traininggdbs
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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Khushi Ashar

Roll no . 1

Charts
Pie Chart

1. A circular statistical graphic that is


divided into slices to illustrate numerical
proportion.
2. Useful for showing the relative sizes of
different categories in a dataset.
3. Ideal for representing data that can be
divided into categories and where the total
sum is meaningful, such as market share
or budget allocation.
Line Chart

1. Displays information as a series of data


points (markers) connected by straight
line segments.
2. Commonly used to visualize trends or
changes over time.
3. Effective for demonstrating patterns,
fluctuations, or correlations in continuous
data sets.
Scatter Plot

1. Utilizes Cartesian coordinates to display


values for two variables in a dataset.
2. Each data point represents an
observation, with the x-axis showing one
variable and the y-axis showing another.
3. Particularly useful for identifying
relationships or correlations between two
variables.
Gantt Chart

1. Represents a project schedule, displaying


activities or tasks against time.
2. Each activity is depicted as a horizontal
bar, with its length indicating its duration
and its position showing its start and end
dates.
3. Offers a visual representation of project
timelines, dependencies, and progress.
Bar Chart

1. Displays data using rectangular bars, with


the lengths proportional to the values they
represent.
2. Often used to compare the quantities of
different categories or to track changes
over time.
3. Provides a straightforward way to
visualize categorical data and identify
trends or disparities.
Histogram

1. Presents the distribution of a continuous


variable by dividing the data into intervals
(bins) and displaying the frequency of
observations in each interval.
2. Similar to a bar chart, but with continuous
data rather than categorical data.
3. Helps to understand the shape, center,
and spread of a dataset's distribution.
Box Plot

1. Also known as a box-and-whisker plot, it


summarizes the distribution of a
continuous variable through its quartiles.
2. The box represents the interquartile range
(IQR), with the median marked by a line
inside the box.
3. Whiskers extend from the box to the
smallest and largest values within a
certain range, typically 1.5 times the IQR.
Control Chart

1. Used in statistical process control to


monitor processes over time.
2. Typically consists of a line representing
the process mean and upper and lower
control limits.
3. Helps to identify whether a process is in a
state of statistical control or if there are
any unusual variations that may require
investigation.
Area Chart

1. Similar to a line chart but with the area


below the lines filled in with color or
shading.
2. Useful for displaying trends over time
while also showing the magnitude of
change.
3. Often employed to visualize cumulative
quantities or stacked proportions.
Bubble Chart

1. Represents data using bubbles of varying


sizes to display three dimensions of
information.
2. The x-axis and y-axis represent two
variables, while the size of each bubble
corresponds to a third variable.
3. Effective for visualizing relationships
between multiple variables and
highlighting outliers or patterns.
Thank you

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