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Question
Write down the usage of a line chart.
Long Answer
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Solution
- Continuous Trend Tracking: It is primarily used to display continuous data and spot long-term or short-term trends over a specific chronological period (such as tracking daily, monthly, or yearly financial data).
- Evenly Spaced Data Plotting: It plots individual data points across equal time intervals (like days, months, or quarters) and connects them with straight lines to show whether numbers are rising, falling, or staying stable.
- Comparing Multiple Series: It is highly effective for displaying and comparing trends across multiple data series simultaneously (such as plotting the sales performance of three different products over the same financial year on a single graph).
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Chapter 4: Graphs and Charts for Business Data - EXERCISE [Page 122]
