Saturday, 16 August 2014

Data Representation - Team # 4

Data representation using bubble chart

Bubble chart is similar to that of a scatter plot where the data points of a scatter plot are replaced by a bubble. We can use bubble chart if we have three data series with different values. The size of the bubble depends on one of the variable.
Bubble charts are generally used to represent financial data. We can use a bubble chart if we have data in the following format:
o   Three variables are needed for a data point i.e. X,Y and size of the bubble.
o   We can also represent negative data values in a bubble chart. They are represented using white bubbles and we cannot format those bubbles.

This link provides more details about how to create a bubble chart, format the bubble chart and an example for bubble chart.

Difference between a bar chart and histogram :
In a bar chart the data in the columns are positioned in a label that represents categorical data and the height of the column represents the size of the group defined.
In case of a histogram the columns are positioned over a label that represents a quantitative variable. The column variable can be single value or range of values.




Sai Durga
Team # 4





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