Question 11 - 13 refer the following diagram of data visualization charts. Which of the following charts can be used to show trends and time series analysis ?Group of answer choicesLine chartScatter plotBar PlotHistogram
Question
Question 11 - 13 refer the following diagram of data visualization charts. Which of the following charts can be used to show trends and time series analysis ?Group of answer choicesLine chartScatter plotBar PlotHistogram
Solution
The Line chart is the best choice for showing trends and time series analysis. This is because a line chart can easily display changes over a period of time. Each point in the line represents a specific time, and the line's direction and steepness show trends (i.e., increasing or decreasing values).
Here's a step-by-step explanation:
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Trends: Trends are patterns or tendencies that occur over a period of time. In data visualization, trends can be represented by a line chart because it can show the movement of data points over time.
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Time Series Analysis: This is a statistical technique that deals with time series data, or trend analysis. Time series data means that data points are recorded at regular time intervals, and the order of these data points is important.
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Line Chart: A line chart is a type of chart which displays information as a series of data points called 'markers' connected by straight line segments. It is a basic type of chart common in many fields.
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Therefore, a line chart is suitable for trend and time series analysis because it can clearly show the change of data over time, and the trend of data can be inferred from the direction and steepness of the line.
Scatter plots, bar plots, and histograms have their uses, but they are not typically used to show trends and time series analysis. Scatter plots are used for showing how one variable is related to another. Bar plots are used to compare different groups. Histograms are used to show the distributions of variables.
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