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Business Analytics Assignmnet 2

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6 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 PPTX, 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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