1. Types of Charts

2. 4.02 Understand charts and graphs used in business.Slide 2 How do you know which chart to use? In this PowerPoint, each chart will be defined and described with an example of the data it is most appropriately suited to represent

3. 4.02 Understand charts and graphs used in business.Slide 3 Column Chart The first chart we will study is a Column Chart It is used to make comparisons about groups of data

4. 4.02 Understand charts and graphs used in business.Slide 4 Column Chart This chart compares Senior, Junior, and Sophomore attendance rates at assemblies over a period of four months.

5. 4.02 Understand charts and graphs used in business.Slide 5 Stacked Bar Chart The next common business chart we will view is a Stacked Bar Chart It is used to represent 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

6. 4.02 Understand charts and graphs used in business.Slide 6 Stacked Bar This example shows the contributions of three components: Computers, Printers, and Monitors to total sales during each quarter (three-month period)

7. 4.02 Understand charts and graphs used in business.Slide 7 Line Chart The next common business chart we will view is a Line Chart It is used to indicate trends in data

8. 4.02 Understand charts and graphs used in business.Slide 8 Line Chart Which department showed the most growth? Which department showed a steady increase in sales? Which department showed a decline in sales?

9. 4.02 Understand charts and graphs used in business.Slide 9 XY Scatter The next common business chart is an XY Scatter Chart Used to indicate a correlation between two or more sets of data A business example of an XY Chart is one that represents the effect (if any) of caffeine on worker productivity

10. 4.02 Understand charts and graphs used in business.Slide 10 XY Scatter What affect did the wait time in the principal’s office have on pulse rate? What affect did the wait time in the doctor’s office have on pulse rate? This data is fictional

11. 4.02 Understand charts and graphs used in business.Slide 11 Pie Chart and Exploded Pie Pie Chart: Used to represent only one series of data –Examples: % of each expenditure in a budget % of each investment type in a portfolio –It answers the question, “What is the percentage of each part to the whole?” Exploded Pie: Used to emphasize one or more portions of the data

12. 4.02 Understand charts and graphs used in business.Slide 12 Pie Chart Which item contributed the most percent to total sales?

13. 4.02 Understand charts and graphs used in business.Slide 13 Exploded Pie Chart

14. 4.02 Understand charts and graphs used in business.Slide 14 Review: Can you identify the charts? 1.Represents the contribution of individual items to the whole 2.Indicates trends in data 3.Makes comparisons about groups of data 4.Emphasizes one or more portions of the data 5.Represents only one series of data 6.Indicates a correlation

15. 4.02 Understand charts and graphs used in business.Slide 15 Stacked Bar

16. 4.02 Understand charts and graphs used in business.Slide 16 XY Scatter

17. 4.02 Understand charts and graphs used in business.Slide 17 Column Chart

18. 4.02 Understand charts and graphs used in business.Slide 18 Exploded Pie

19. 4.02 Understand charts and graphs used in business.Slide 19 Pie

20. 4.02 Understand charts and graphs used in business.Slide 20 Line