NOTES Dr. Neeraj Saxena
As the name implies, it shows the data against time, which could be any measure such ashours, days, weeks, months and years. Thus, a graph showing a number of industrial workersemployed in a company for each of the years 1991-2000 is time series. As regards frequencygraphs, time is not a measure; instead, some other variable such as income of employees andthe number of employees earning that income, if plotted on a graph, will be known as afrequency graph. Within this frequency graph category too, some graphs such as histogram,frequency polygon and the ogive curve are popular graphs.In this topic, we shall discuss and illustrate with examples both types of graphs. However,we first start with the basic approach of dividing a graph sheet into four quadrants.Let us first use the four quadrants of a graph. Suppose we have to locate on a rectangular coordinate system, the points having coordinates (a) 2,5; (b) 5,2; (c) –4,3; (d) 2,-4; (e) –5,-3;(f) 0,-5; and (g) 3,0. We assume that all the given numbers are exact.
Type of GraphsTime Series orLine GraphsFrequencyGraphs
Line GraphsFalse Base LineHistogramFrequency PolygonFrequency CurveOgiveLorenz Curve
TIME SERIES GRAPHS