ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 2010: Chapter1

Course Learning Outcomes Navigate online computer platforms to acquire and distribute information. Apply Excel skills and tools in business problem solving. Solve problems with statistical analysis tools. Apply logic in decision making. Retrieve data for computation, analysis, and reference. Evaluate the financial impact of loans and investments. Organize data for effective analysis. Apply data tables and excel scenarios for what-if analysis. Synthesize smart worksheets. Enhance decision making with Solver. Succeeding in Business with Microsoft Excel 20102

Roadmap Succeeding in Business with Microsoft Excel 2010: Chapter3 Determining Effective Data Display with Charts Chapter 3

Chapter Objectives: Succeeding in Business with Microsoft Excel 20104

Visualizing Data Succeeding in Business with Microsoft Excel Level 1 home

Data Graphics Principles Succeeding in Business with Microsoft Excel Level 1 home

Data Graphics Principles (Tufte) Above all else, show the data Maximize the data-ink ratio, within reason Erase non-data-ink, within reason Erase redundant data-ink, within reason Revise and edit Succeeding in Business with Microsoft Excel Level 1 home

Data Graphics Principles Succeeding in Business with Microsoft Excel Level 1 home

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Effective Charting in Excel Creating Chart in Excel – Select data to display – Click Insert tab on Ribbon – Click a button in Charts group or Dialog Box Launcher Succeeding in Business with Microsoft Excel Level 1 home

Chart Types Succeeding in Business with Microsoft Excel Level 1 home

Understanding Line and Column Charts Succeeding in Business with Microsoft Excel Level 1 home

Comparing Line and XY (Scatter) Charts Succeeding in Business with Microsoft Excel Level 1 home

Changing the Chart Source Data Succeeding in Business with Microsoft Excel Level 1 home

Results of Changing Source Data Succeeding in Business with Microsoft Excel Level 1 home

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Specifying Chart Options Succeeding in Business with Microsoft Excel Level 1 home

Specifying Chart Options Succeeding in Business with Microsoft Excel Level 1 home

Understanding Area and Pie Charts Area chart- combines the features of a line chart with a bar or column chart by filling in the area below the line, and displaying the trend values over time or categories. Pie chart- displays the percentage contribution that each category makes to a whole or 100%. Succeeding in Business with Microsoft Excel Level 1 home

Column Charts and Area Charts Succeeding in Business with Microsoft Excel Level 1 home

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Selecting Pie Chart Source Data Succeeding in Business with Microsoft Excel Level 1 home

Pie Charts Succeeding in Business with Microsoft Excel Level 1 home

Formatting Data Labels Succeeding in Business with Microsoft Excel Level 1 home

Working with 3-D Charts Succeeding in Business with Microsoft Excel Level 1 home

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Examining Sub-types for Various Chart Types Stacked charts Illustrate cumulative effects of data in categories Available for line, bar, column, area charts Summing to 100% (100% stacked sub- type) Illustrate cumulative (rather than individual) contribution for each category as a percentage Available for line, bar, column, area charts Combines features of a pie chart with features of line, column, or area charts Similar to pie except pieces are in a column instead of a circle Succeeding in Business with Microsoft Excel Level 2 home

Adding Things Up: Stacked Chart Options Succeeding in Business with Microsoft Excel Level 2 home

Summing to 100%: Alternatives to Pie Charts Showing the cumulative contribution for each category as a percentage can reduce confusion over whether the line on the chart represents the individual or cumulative contribution to the whole. Succeeding in Business with Microsoft Excel Level 2 home

Slicing the Pie Too Thin: Summarizing Too Much Detail in Pie Charts Succeeding in Business with Microsoft Excel Level 2 home An excessive number of pie slices makes the chart cluttered and confusing.

Pie of Pie and Bar of Pie Chart Sub-Types Decrease number of pie segments to improve visual display of data Use Format Data Series dialog box to select options for splitting data series – Position – Value – Percent Value – Custom Succeeding in Business with Microsoft Excel Level 2 home

Using Format Data Series to Change the Format Succeeding in Business with Microsoft Excel Level 2 home

Applied Formatting Changes Succeeding in Business with Microsoft Excel Level 2 home

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Doughnut Charts Succeeding in Business with Microsoft Excel Level 2 home

Monitoring a Business with Stock Charts Excel stock reporting charts are somewhat based on the candlestick plot format Stock chart sub-types – High-Low-Close – Open-High-Low-Close – Volume-High-Low-Close – Volume-Open-High-Low-Close Succeeding in Business with Microsoft Excel Level 2 home

Sample High-Low-Close Chart Succeeding in Business with Microsoft Excel Level 2 home

Sample Open-High-Low-Close Chart Succeeding in Business with Microsoft Excel Level 2 home

Sample Volume-High-Low-Close Chart Succeeding in Business with Microsoft Excel Level 2 home

Sample Volume-Open-High-Low-Close Chart Succeeding in Business with Microsoft Excel Level 2 home

Adding Trendlines and Moving Averages Trendlines – Graphically illustrate trends in data using a statistical technique known as regression Moving average line – Used to smooth out the data, making it easier to spot trends Succeeding in Business with Microsoft Excel Level 2 home

Adding Trendlines and Moving Averages Succeeding in Business with Microsoft Excel Level 2 home

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Evaluating the Effectiveness of Radar, Bubble, and Dashboard Charts Radar chartsPowerful method of displaying and comparing data across categories Bubble chartsAllow three-dimensional data to be plotted in 2-D on two axes Dashboard chartsFeature a set of charts that summarize several sets of data graphically Succeeding in Business with Microsoft Excel Level 3 home

Understanding Radar Charts Succeeding in Business with Microsoft Excel Level 3 home The straight lines that radiate out from the center represent categories.

Plotting 3-D Data in Two Axes: Bubble Charts Versus 3-D Column Charts Succeeding in Business with Microsoft Excel Level 3 home

Solving Bubble Chart Problems Succeeding in Business with Microsoft Excel Level 3 home

Solving Bubble Chart Problems Succeeding in Business with Microsoft Excel Level 3 home

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Creating a Management Dashboard Build a dashboard chart Define the normal operating range Create the value indicator Create the doughnut chart Add digital values to the chart Succeeding in Business with Microsoft Excel Level 3 home

Define the Normal Operating Range Succeeding in Business with Microsoft Excel Level 3 home

Create the Value Indicator Succeeding in Business with Microsoft Excel

Create the Doughnut Chart Succeeding in Business with Microsoft Excel

Add Digital Values Succeeding in Business with Microsoft Excel

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Chapter Objectives Succeeding in Business with Microsoft Excel