SPREADSHEET FOR ENGINEERS (AEC) BIPL358D

Exp. No: 1A CHARTING

AIM: Create a scatter plot using following data
Company Name Marketing Expenses (Rs.) Revenue (Rs.)
Company 1 1849 2911
Company 2 2708 5777
Company 3 3474 8625
Company 4 4681 9171
Company 5 5205 10308
Company 6 5982 11779
Company 7 83371 12138
Company 8 8457 17074
Company 9 9554 15729
Company 10 9604 19610

THEORY:
Types of Charts

Chart Type When to Use

Column Chart Compare Values across a few categories, shown vertically

Line Chart Visualize the trends over a period of time i.e., months, days, years and so on

Pie chart Quantify items and display them as percentages

Bar Chart Comparing values across a few categories, shown horizontally

Area chart Illustrating the magnitude of changes between 2 or more data points, using the
sum of plotted values to show the relationship of parts as a whole

Scatter chart Show correlation between the two sets of values.

Combo chart A visualization that combines 2 or more chart types into single chart.
Commonly used to show the difference between targets versus actual results

Scatter chart
• Excel has some useful chart types that can be used to plot data and show analysis.
• A common scenario is where you want to plot X and Y values in a chart in Excel and show
how the two values are related.
• This can be done by using a Scatter chart in Excel.

AITM BHATKAL 3
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D
What is a Scatter Chart and When To Use It?
• Scatter charts are used to understand the correlation (relatedness) between two data variables.
• A scatter plot has dots where each dot represents two values (X-axis value and Y-axis value)
and based on these values these dots are positioned in the chart.
• A real-life example of this could be the marketing expense and the revenue of a group of
companies in a specific industry.
• When we plot this data (Marketing Expense vs. Revenue) in a scatter chart, we can analyze
how strongly or loosely these two variables are connected.
PROCEDURE:
1. Select the columns that have the data (excluding column A)

2. Click the Insert option

3. In the Chart group, click on the Insert Scatter Chart icon

4. Click on the ‘Scatter chart’ option in the charts that's show up

AITM BHATKAL 4
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D

5. Select the Scatter plot (where you want to add the trendline)
6. Click the Chart Design tab. This is a contextual tab which only appears when you
selectthe chart

7. In the Chart Layouts group, click on the ‘Add Chart Element’ option

8. Go to the ‘Trendline’ option and then click on ‘Linear’

AITM BHATKAL 5
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D
Exp. No: 1B CHARTING
AIM: Use the combo chart to identify profit and revenue for the following data.

THEORY: In Microsoft Excel, a combo chart is a combination of two or more chart types in a single
chart. This allows you to display different sets of data with different types of charts on the same axis.
The most common combination is a combination of a column chart and a line chart, but you can also
combine other types of charts, such as bar charts, area charts, scatter plots, etc.
Combo charts are powerful tools for visualizing complex data sets, and they allow you to convey more
information in a single chart. They are particularly useful when dealing with datasets that have
different units or scales, as the combo chart enables you to present diverse information in a cohesive
and easily interpretable manner.
The theory behind a combo chart is to provide a visual representation of multiple datasets that may
have different scales or units. For example, you might want to show sales revenue as columns and the
corresponding profit margin as a line on the same chart. This allows you to compare the two sets of
data more easily.
By using a combo chart, you can take advantage of the strengths of different chart types to highlight
specific aspects of your data, making it easier for your audience to understand the relationships
between different variables.
PROCEDURE:
1. Prepare Your Data:
o Organize your data in columns or rows.
o Make sure each set of data you want to represent with a different chart type is in
aseparate column or row.
2. Select Data:

AITM BHATKAL 6
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D
 Select the data you want to include in your chart, including the labels.
3. Insert Combo Chart:
 Go to the "Insert" tab on the Ribbon.
 Click on the "Combo Chart" option.
4. Choose Chart Types:
 In the "Combo Chart" dialog box, you can choose which chart type you want for each set
of data. For this example, you can select a column chart for one series and a line chart
foranother.
5. Adjust Axis:
 Make sure that all the data series are using the same axis. You might need to adjust the
primary and secondary axes depending on your data.
6. Format the Chart:
 Customize the appearance of your combo chart by formatting elements like axes,
dataseries, and labels.
7. Save your file in your drive.

AITM BHATKAL 7
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D
Exp. No: 1C CHARTING
AIM: Create a scatter chart for following problems and add trendline with error bar.

THEORY: A trendline in Excel is a straight or curved line that visualizes the general direction of a set
of data points. It is useful for identifying and analyzing trends, patterns, and making predictions.
Adding a trendline in Excel involves fitting a line or curve to a series of data points to represent the
overall trend within the dataset.
Trendlines are valuable tools for data analysis and visualization in Excel. They help to identify trends,
make predictions, and understand the general direction of a dataset. However, it's essential to interpret
trendlines carefully, considering the limitations of the underlying statistical models and the context of
the data.
Analyze the trendline to understand the overall trend in your data. A positive slope indicates an
upward trend, while a negative slope indicates a downward trend. Understand that a trendline is a
statistical approximation and may not perfectly represent the data. Be cautious about extrapolating too
far beyond the actual data points, as predictions become less reliable.
Error bars in Excel are graphical representations of the variability or uncertainty in data points within a
chart. They provide a way to visually convey the range of possible values for each data point and can
be added to different types of charts such as bar charts, line charts, and scatter plots.
Types of Error Bars:
 Standard Error Bars: Represent the standard deviation of the data points.
 Percentage Error Bars: Indicate a percentage above and below each data point.
 Fixed Value Error Bars: Allow you to set a specific value for all error bars.
 Custom Error Bars: Allow customization of error bar values for each data point individually.
Error bars are valuable tools for communicating the uncertainty or variability in your data. They
enhance the visual representation of data points in a chart, providing additional context for interpreting
the reliability of the measurements. Understanding the different types of error bars and how to
customize them allows you to create more informative and accurate charts in Excel. Error bars provide
a visual indication of the variability or uncertainty around each data point. A larger error bar suggests
greater variability, while a smaller error bar indicates more precise data.

AITM BHATKAL 8
 SPREADSHEET FOR ENGINEERS (AEC) BIPL358D
PROCEDURE:
1. Organize Your Data:
o Open Excel and arrange your data in two columns: one for product prices and another for
the corresponding number of items sold. Include appropriate labels for clarity.
2. Select Data and Insert Scatter Chart:
o Highlight the data range (including labels).
o Go to the "Insert" tab on the Ribbon.
o Choose the "Scatter" chart type. Select the "Scatter with Straight Lines" or "Scatter with
Smooth Lines" option.
3. Create Scatter Chart:
o Excel will generate a scatter chart with product prices on the x-axis and items sold on the y-
axis.
4. Add Trendline:
o Click on one of the data points in the chart.
o Right-click and choose "Add Trendline."
o In the "Format Trendline" pane, select the desired trendline type (linear, exponential, etc.).
o Optionally, display the equation on the chart or the R-squared value.
5. Add Error Bars:
o Click on the chart to select it.
o Go to the "Chart Tools Design" or "Chart Design" tab on the Ribbon.
o Click on "Add Chart Element" or "Layout" (depending on your Excel version).
o Choose "Error Bars" and select the type of error bars you want (standard deviation,
standard error, etc.).
6. Customize Error Bars:
o Right-click on the error bars and select "Format Error Bars."
o Choose the desired error bar options, such as direction, end style, and values.
o Adjust the appearance of error bars, including line color, style, and thickness.
7. Format Your Chart:
o Customize the chart appearance, including axes labels, title, and legend.
o Ensure that the chart provides a clear representation of the relationship between product
prices and items sold.
8. Analyze the scatter chart with the trendline and error bars to understand the
relationshipbetween product prices and items sold.
9. Save the file in your drive

AITM BHATKAL 9