This document discusses different types of graphs used to present business data including column graphs, bar graphs, line graphs, and pie charts. It describes the key components and purposes of each graph type, such as column graphs being used to show changes over time and relationships between data series. Examples are provided of different graphs that could be used to visualize data about company sales, expenses, and income over multiple years.
This document discusses different types of graphs used to present business data including column graphs, bar graphs, line graphs, and pie charts. It describes the key components and purposes of each graph type, such as column graphs being used to show changes over time and relationships between data series. Examples are provided of different graphs that could be used to visualize data about company sales, expenses, and income over multiple years.
This document discusses different types of graphs used to present business data including column graphs, bar graphs, line graphs, and pie charts. It describes the key components and purposes of each graph type, such as column graphs being used to show changes over time and relationships between data series. Examples are provided of different graphs that could be used to visualize data about company sales, expenses, and income over multiple years.
Analysis of Data MELC: At the end of the lesson, you should be able to:
- Compare the forms (textual, tabular and graphical) of
business data - Describe the different kinds of graphs and its essential parts for data presentation. • The column graph consists of patterned rectangles displayed along a baseline called the x-category or the horizontal axis. The height of the rectangle represents the amount of data, which is evaluated using the y- category or the vertical axis. The left-to-right bias most people possess makes column graphs more appropriate for time-series data than bar graphs.
• Column graphs best show changes in data over a
short time span and relationships between two or more data series. • The bar graph is basically a column graph in which the rectangles are arranged horizontally along the y-axis. The length of each rectangle represents its value, which is evaluated using the x-axis values.
• Bar graphs best show data series and data
comparisons in competition and with no natural order, such as according to time, etc. The following graph shows the data related to Foreign Equity Inflow (FEI) for the five countries for two years- 1997 and 1998.FEI is the ratio of foreign equity inflow to the country's GDP, which is expressed as a percentage in the following graph.
1. Find the ratio between
FEI for Malaysia in 1997 and FEI for Thailand in 1998 2. Name the country which has the minimum change in the FEI • The line graph connects data points with lines; different series are given different line markings (for example, dashed or dotted) or different tick marks.
• Line graphs best show the comparison of
long series and is best used when attempting to communicate a data trend. • The pie chart is a circle with radii connecting the center to the edge of the circle. The area between two radii is called a slice. The proportions of the data values in the pie chart to the whole are reflected in the areas of the slices.
• Pie charts best show the composition or
breakdown of a whole. Construct a column graph for:
A. Company A sales, 2011-2015
B. Company B sales vs. net income, 2011-2015
C. Company A vs. B vs. C net income, 2011-2013
Construct a bar graph for:
A. Company D sales and itemized expenses, 2014
B. Sales per Company, 2015
C. Sales and net income per Company, 2013
Construct a line graph for:
A. Company C sales and net income, 2011-2015
B. Net income per Company, 2011-2015
Construct a pie chart for:
A. Breakdown of Company E expenses, 2014
B. Breakdown of Company A total sales from 2011-2015