Pie graphs are some of the best Excel chart types to use when you’re starting out with categorized data. With that being said, however, pie charts are best used for one single data set that’s broken down into categories. If you want to compare multiple data sets, it’s best to stick with bar or column charts.
This begs the query “What are the best types of charts in Excel?”
In this article, I will show you the best types of charts in Excel for data analysis, presentation and reporting within 15 minutes. You will learn about the various Excel charts types from column charts, bar charts, line charts, pie charts to stacked area charts.
When to use column chart in Excel?
The column charts are best used for comparing two or more data points at once. These data points are shown as verticle columns on the x-axis and the height of the column represents the magnitude of the datapoint. There 3 types of Column Chart in Excel.
#3 Use a combination chart when you want to display different types of data in different ways that can be represented in the same chart. For example, line, bar and column charts can be used on the same chart. When to use a stacked column chart?
When should you use a bubble chart in excel?
A bubble chart in excel is used when we want to represent three sets of data in a graphical way. Out of those three data sets used to make the bubble chart, it shows two axis of the chart in a series of XY coordinates, and a third set shows the data points. With the help of an excel bubble chart, we can show the relationship between different datasets.
How to create bubble chart in Excel?
For Bubble chart in excel, we used the example sample worksheet data. Step 1– Select /create data to create the chart. Below is a sample data showing Birth rate, Life expectancy, and GDP of various countries. Select the data using CTRL+A. Then go to Insert Tab < Other Charts, click on it.
Then, when can you use a bubble chart instead of a scatter chart?
You can use a bubble chart instead of a scatter chart if your data has three data series that each contain a set of values. The sizes of the bubbles are determined by the values in the third data series. Bubble charts are often used to present financial data. Different bubble sizes are useful to visually emphasize specific values.
How to visualize a third data set with a bubble chart?
So with the help of the X & Y axis, you can visualize a third data set through the image of bubbles. How to Create a Bubble Chart in Excel? In a scenario where we want to use multiple bar charts to share results, we can create a bubble. Use an excel bubble chart if you want to show your three types of the quantitative data set.
How many dimensions does a bubble chart display?
However, a bubble chart displays three dimensions of data instead of two. The third dimension is displayed by replacing data points with bubbles and using the size of the bubbles to represent the values in the third set of data.