Chart Components 4.02 Understand charts and graphs used in business Revised by A. Moore

4.02 Understand charts and graphs used in businessSlide 2 Why do you need to learn about charts? Why might you use a chart to present spreadsheet information? What does a chart do that a spreadsheet does not?

4.02 Understand charts and graphs used in businessSlide 3 Data Series Is it a chart or a graph? A graph is a feature of a chart used to plot data. The chart is the total package Chart includes the title, value labels, and legend.

4.02 Understand charts and graphs used in businessSlide 4 Examples of business uses of charts To represent sales trends within the different departments of a store. To represent the contribution of individual employee sales to the total sales for a company. To represent the percent of each expense to total expenses. To explain stock price fluctuations to stock holders.

Graph and Chart Parts

4.02 Understand charts and graphs used in businessSlide 6 Components of Graphs & Charts Y- axis - left vertical side; contains numerical data. X-axis - bottom horizontal side; contains the category information. Data markers – symbol in a chart that represents a single data point. Y-Axis X-Axis Data Marker

4.02 Understand charts and graphs used in businessSlide 7 Data Series Related data points that make up a series that are plotted in a chart.

4.02 Understand charts and graphs used in businessSlide 8 Gridline Horizontal or vertical line that extends across the plot area of the graph Makes it easier to read and understand the values. Gridline

4.02 Understand charts and graphs used in businessSlide 9 Plot Area The rectangular area that includes the data series, category names, tick-mark labels, and axis titles). Plot Area

4.02 Understand charts and graphs used in businessSlide 10 Tick Mark Small lines, like divisions on a ruler, that intersect the axis. Adds clarification to the data categories. Tick Marks

4.02 Understand charts and graphs used in businessSlide 11 Legend Box that identifies patterns, symbols, or colors in the chart Legend

4.02 Understand charts and graphs used in businessSlide 12 Chart Title Describes the purpose and content. Title

4.02 Understand charts and graphs used in businessSlide 13 Axis Titles Describe the x axis (horizontal) and y axis (vertical) data. Axis Titles

4.02 Understand charts and graphs used in businessSlide 14 Data Label Single value or piece of data from the data series. Adds extra information about the data marker. Data Labels

4.02 Understand charts and graphs used in businessSlide 15 Now it’s your turn! See if you can identify all of the components and describe their functions

4.02 Understand charts and graphs used in businessSlide How’d you do? 1. Data Series 2. Chart Title 3. Y Axis Labels 4. Data Labels 5. Plot Area 6. Gridline 7. Legend 8. X Axis Labels 9. X Axis Title 10. Tick Mark

4.02 Understand charts and graphs used in businessSlide 17 Embedded vs. Separate Embedded chart - placed on the same sheet you are working on rather than another worksheet. Separate chart – (aka chart sheet) appears on a separate sheet.

4.02 Understand charts and graphs used in businessSlide 18 Linked Chart A linked chart is one that will change to reflect changes made to the spreadsheet it represents.

Chart Wizard 4.02 Understand charts and graphs used in businessSlide 19 Step-by-step process for creating a chart in Microsoft Excel.

Bar (Column) Chart / Histograms Slide 20 Bar chart – uses bars to compare changes of two or more values over a period of time. Histogram - uses bars to represent frequency of numerical data organized in intervals (Ex: 0-20)

Stacked Bar Chart 4.02 Understand charts and graphs used in businessSlide 21 Represents the contribution of individual items to a whole Each bar is divided into two or more parts The length of the stacked bar represents a total for any given month

Line Chart 4.02 Understand charts and graphs used in businessSlide 22 Line Chart - uses points connected by lines to show trends over time). Example: Trends in sales of three stores within a three month period.

XY Scatter Chart 4.02 Understand charts and graphs used in businessSlide 23 Two value axes that shows one set of numerical data along the x-axis and another along the y-axis. Example: Determines how stress effect pulse rate. 5.

Pie 4.02 Understand charts and graphs used in businessSlide 24 Represents the percentage each item contributes to the total. Example: Highest sales percentages in Region

Exploded Pie Chart 4.02 Understand charts and graphs used in businessSlide 25 Exploded Pie Chart - slice pulled away to draw attention or emphasize a point.

WDYK…RYS…YIA Put all notes away. QUIETLY take out a sheet of notebook paper. In the right corner: Write your fname, lname, class, and date. Number your notebook paper from Now the fun begins 4.02 Understand charts and graphs used in businessSlide 26

4.02 Understand charts and graphs used in businessSlide 27 Identify each component. Chart title Data labels Data series Gridlines Legend Plot area Tick mark X axis labels X Axis title Y Axis labels