A heat map is a graphical representation of data in different colors. It is used to visualize and highlight patterns, trends, and correlations in large and complex datasets. Heat maps typically display data as a matrix, with rows and columns, and the color intensity of each cell represents the magnitude of the corresponding data value. […]
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When dealing with statistics, the major part of the bivariate analysis is the correlation of variables. Correlation can illustrate the relatedness of variables showing how close the relationship is. By using a correlation graph, you will be able to know if the relationship is With Excel, you can easily use scatter charts and trendlines to
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A waterfall graph, also called a cascade or bridge chart, is an important visualization tool. You can use it to create visuals that show how negative or positive trends affect totals. In Microsoft Excel, you can be able to create and customize your waterfall chart with much ease. Here are some of the ways that
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You can be able to use Excel software to compare the actual amounts spent versus corresponding budgeted amounts per category easily. Once you have computed the actuals and budgets, then it is time to compare the two. Excel can do all these for you in the following easy steps. In this tutorial, we shall look
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If you are dealing with data, you will, in one way or another, need to represent data diagrammatically. One way of doing this is employing the use of a line graph. The chart is able to display data trends over time while emphasizing the rate of change. What you need to have is a column
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