Statistics: Chart – Venn Diagram

Visually Illustrating Relationships Venn Diagrams provide a very intuitive method for communicating relationships among categories in data. In this article I will demonstrate how to use a Venn diagram to illustrate an intersection of categories. I will begin with a simple data set consisting of simple survey results of respondents asked which luxury automobiles they…

Statistics: Communication Options

Please see my other Statistics articles. Choosing the Correct Method to Intuitively Communicate Data Patterns. Many options exist to intuitively communicate patterns in data for enable strategic decision-making. The following table recommends charts depending on your goals. Chart Purpose Example Bar, Pie Charts Simplest method for summarizing data. Note: Use a pie chart or horizontal…

Excel: Quartile

Please see me my other Excel articles. Understanding Inter-Medians As illustrated in my Median article (link) – understanding the median on a data set provides a helpful concept to know the value within the middle of all values of the data set. This article with illustrate median values within various divisions of the data set,…

Excel: Chart – XY Scatter Plot

Please see me my other Excel articles. XY Scatter Plot: Comparing Data Correlations Unlike other charts where data points form a contiguous shape whether in bars (bar chart) or slices (pie chart), scatter plot charts display distributions with individual data points, reflecting correlations between values. The name of this type of type begins with “XY”…