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Cengage EBA 2e Chapter03

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46 views

Cengage EBA 2e Chapter03

Uploaded by

jose
Copyright
© © All Rights Reserved
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Data Visualization

Chapter 3

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Introduction
• Data visualization involves:
• Creating a summary table for the data
• Generating charts to help interpret, analyze, and learn from the data
• Uses of data visualization:
• Helpful for identifying data errors
• Reduces the size of your data set by highlighting important relationships
and trends in the data

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Overview of Data Visualization
Effective Design Techniques

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Overview of Data Visualization
Data-ink ratio: Measures the proportion of what Tufte terms “data-ink”
to the total amount of ink used in a table or chart
• Edward R. Tufte first described the data-ink ratio
• Helpful for creating effective tables and charts for data visualization
• Data-ink: Ink used in a table or chart that is necessary to convey the meaning of the
data to the audience
• Non-data-ink: Ink used in a table or chart that serves no useful purpose in conveying the
data to the audience

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Table 3.1: Example of a Low Data-Ink Ratio Table
Figure 3.3: Example of a Low Data-Ink Ratio Chart

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Table 3.2: Increasing the Data-Ink Ratio by Removing Unnecessary Gridlines
Figure 3.4: Increasing the Data-Ink Ratio by Adding Labels to Axes and
Removing Unnecessary Lines and Labels

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Tables
Table Design Principles
Crosstabulation
Pivot Tables in Excel
Recommended Pivot Table in Excel

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Tables
Tables should be used when:
1. The reader needs to refer to specific numerical values
2. The reader needs to make precise comparisons between different
values and not just relative comparisons
3. The values being displayed have different units or very
different magnitudes

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Table 3.3: Table Showing Exact Values for Costs and Revenues by
Month for Gossamer Industries
Figure 3.5: Line Chart of Monthly Costs and Revenues at
Gossamer Industries

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9
Figure 3.6: Combined Line Chart and Table for Monthly
Costs and Revenues at Gossamer Industries

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Table 3.4: Table Displaying Head Count, Costs, and
Revenues at Gossamer Industries

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Tables
Table Design Principles
• Avoid using vertical lines in a table unless they are necessary for
clarity
• Horizontal lines are generally necessary only for separating column
titles from data values or when indicating that a calculation has taken
place

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Figure 3.7: Comparing Different Table
Designs

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Table 3.5: Larger Table Showing Revenues
by Location for 12 Months of Data

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Tables
• Crosstabulation: A useful type of table for describing data of
two variables
• PivotTable: A crosstabulation in Microsoft Excel

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Table 3.6: Quality Rating and Meal Price for
300 Los Angeles Restaurants

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Table 3.7: Crosstabulation of Quality Rating and Meal
Price for 300 Los Angeles Restaurants

• The greatest number of restaurants in the sample (64) have a very good rating
and a meal price in the $20–29 range
• Only two restaurants have an excellent rating and a meal price in the $10–19
range
• The right and bottom margins of the crosstabulation give the frequency of
quality rating and meal price separately
© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Figure 3.8: Excel Worksheet Containing
Restaurant Data

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Figure 3.9: Initial PivotTable Field List and PivotTable
Field Report for the Restaurant Data

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Figure 3.10: Completed PivotTable Field List and A Portion of the
PivotTable Report for the Restaurant Data (Columns H:AK are Hidden)

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Figure 3.11:
Final PivotTable Report for the Restaurant Data

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Figure 3.12: Percent Frequency Distribution as a
PivotTable for the Restaurant Data

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Figure 3.13: PivotTable Report for the Restaurant Data
with Average Wait Times Added

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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Charts
Scatter Charts Bubble Charts
Recommended Charts in Excel Heat Maps
Line Charts Additional Charts for Multiple Variables
Bar Charts and Column Charts PivotCharts in Excel
A Note on Pie Charts and Three
Dimensional Charts

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Charts
• Charts (or graphs): Visual methods of displaying data
• Scatter chart: Graphical presentation of the relationship between
two quantitative variables
• Trendline: A line that provides an approximation of the relationship
between the variables
• Line chart: A line connects the points in the chart
• Useful for time series data collected over a period of time (minutes, hours,
days, years, etc.)

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
25
Table 3.8: Sample Data for the San Francisco
Electronics Store

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Figure 3.17: Scatter Chart for the San
Francisco Electronics Store

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Table 3.9: Monthly Sales Data of Air
Compressors at Kirkland Industries

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Figure 3.19: Scatter Chart and Line Chart for
Monthly Sales Data at Kirkland Industries

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Table 3.10: Regional Sales Data by Month for
Air Compressors at Kirkland Industries

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Figure 3.21: Line Chart of Regional Sales Data at
Kirkland Industries

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31
Charts
Sparkline: Special type of line chart
• Minimalist type of line chart that can be placed directly into a
cell in Excel
• Contain no axes; they display only the line for the data
• Take up very little space and they can be effectively used to
provide information on overall trends for time series data

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Figure 3.22: Sparklines for the Regional
Sales Data at Kirkland Industries

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33
Charts
• Bar Charts: Use horizontal bars to display the magnitude of the
quantitative variable
• Column Charts: Use vertical bars to display the magnitude of the
quantitative variable
• Bar and column charts are very helpful in making comparisons
between categorical variables

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34
Figure 3.23:
Bar Charts for Accounts Managed Data

Gentry manages the


greatest number of
accounts and Williams the
fewest

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35
Figure 3.24:
Sorted Bar Chart for Accounts Managed Data

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36
Figure 3.25: Bar Chart with Data Labels for
Accounts Managed Data

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37
Charts
• Pie charts: Common form of chart used to compare categorical data
• Bubble chart:
• Graphical means of visualizing three variables in a two-dimensional
graph
• Sometimes a preferred alternative to a 3-D graph
• Heat map: A two-dimensional graphical representation of data that
uses different shades of color to indicate magnitude

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
38
Figure 3.21: Pie Chart of Accounts Managed

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39
Table 3.11:
Sample Data on Billionaires per Country

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Figure 3.27: Bubble Chart Comparing Billionaires
by Country

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41
Figure 3.27:
Bubble Chart Comparing Billionaires by Country

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42
Figure 3.28: Heat Map and Sparklines for
Same-Store Sales Data

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43
Charts
Additional Charts for Multiple Variables
• Stacked column chart: Allows the reader to compare the relative
values of quantitative variables for the same category in a bar
chart
• Clustered column (or bar) chart: An alternative chart to stacked
column chart for comparing quantitative variables
• Scatter chart matrix: Useful chart for displaying multiple
variables

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44
Figure 3.25: Stacked-Column Chart for
Regional Sales Data for Kirkland Industries

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45
Figure 3.30: Comparing Stacked-, Clustered-, and Multiple-
Column Charts for the Regional Sales Data for Kirkland Industries

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46
Table 3.12:
Data for New York City Subboroughs

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47
Figure 3.31: Scatter-Chart Matrix for New
York City Rent Data

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48
Charts
PivotCharts in Excel
PivotChart: To summarize and analyze data with both a
crosstabulation and charting, Excel pairs PivotCharts with
PivotTables

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49
Figure 3.32: PivotTable and PivotChart for
the Restaurant Data

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50
Advanced Data Visualization
Advanced Charts
Geographic Information Systems Charts

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Advanced Data Visualization
• Parallel-coordinates plot: Chart for examining data with more than
two variables
• Includes a different vertical axis for each variable
• Each observation is represented by drawing a line on the parallel
coordinates plot connecting each vertical axis
• The height of the line on each vertical axis represents the value taken by
that observation for the variable corresponding to the vertical axis
• Treemap: Useful for visualizing hierarchical data along multiple
dimensions

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52
Figure 3.33: Parallel Coordinates Plot for
Baseball Data

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53
Figure 3.34: SmartMoney’s Map of the
Market as an Example of a Treemap

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54
Advanced Data Visualization
Geographic Information Systems Charts
• Geographic Information Systems (GIS): A system that merges
maps and statistics to present data collected over different
geographies
• Helps in interpreting data and observing patterns

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55
Figure 3.35:
GIS Chart for Cincinnati Zoo Member Data

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56
Data Dashboards
Principles of Effective Data Dashboards
Application of Data Dashboards

© 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Data Dashboards
• Data dashboard: Data visualization tool that illustrates multiple
metrics and automatically updates these metrics as new data
become available
• Key performance indicators (KPIs) in dashboards:
• Automobile dashboard: Current speed, Fuel level, and oil pressure
• Business dashboard: Financial position, inventory on hand, customer
service metrics

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58
Data Dashboards
Principles of Effective Data Dashboards
• Should provide timely summary information on KPIs that are important to
the user
• Should present all KPIs as a single screen that a user can quickly scan to
understand the business’s current state of operations
• The KPIs displayed in the data dashboard should convey meaning to its user
and be related to the decisions the user makes
• A data dashboard should call attention to unusual measures that may
require attention
• Color should be used to call attention to specific values to differentiate
categorical variables, but the use of color should be restrained

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59
Figure 3.36: Data Dashboard for the Grogan Oil Information
Technology Call Center

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