PIE CHART - Data Visualization for Businesses

889 Words2 Pages
bulb-icon

Recommended: Pie Chart examples

Pie Chart
Data Visualization for Businesses
A picture is worth a thousand words. The ability to graphically represent your business data gives you the power to make informed business decisions quickly. (Microsoft.com, 2002) This representation must be visually appealing and easy to understand. By keeping it simple, it allows the broadest number of users to interpret the data, gain insights as to its meaning and facilitate communication on the data ultimately to solve the company¡¦s problem. Data visualization is the use of interactive, sensory representations, typically visual, of abstract data to reinforce cognition. (Wikipedia.org, 2005) That in itself is a method or technique of decision-making. To further break it down, the most popular and widely used tool of data visualization is the Pie Chart.
There are two types of pie charts. The first type is your standard Pie Chart and the second is the Exploded Pie Chart. The standard pie chart shows parts and their relationship to the whole. Pie charts are always based on a circle, since the circle provides a true visual concept of the whole hundred percent. The parts or ¡§pies¡¨ of the chart represent percentages of the whole. The Exploded Pie Chart is nearly identical to the standard with the exception that one ¡§pie¡¨ is visually separated from the rest for emphasis. Pie charts are created with the help of a compass, protractor, circle stencil, can or jar and a ruler for drawing in the segmented pies. A pie chart should alwa...

Show More
Related

  • Matching Graphs and Scenarios to Allow a Visual of Data

    1347 Words  | 3 Pages

    A person should be able to describe the monthly costs to operate a business, or talk about a marathon pace a runner ran to break a world record, graphs on a coordinate plane enable people to see the data. Graphs relay information about data in a visual way. If a person read almost any newspaper, especially in the business section, they will probably encounter graphs.

    Read More

  • Bass Pro Shops Business Analysis

    1266 Words  | 3 Pages

    Bass Pro shop started as an 8-foot-long display area in the back of a liquor store in 1971 and has expanded into a Fortune 500 company that employs over 8,800 employees and has annual sales estimating somewhere around $1.25 billion today. The question at hand is: should Bass Pro Shops continue to expand, and if so at what rate should they? The primary problems they might face when expanding are as follows. Could expansion hurt their brand image and if so how? The Competition outside of Missouri is going to be much greater. They will not have the publicity and brand recognition as they do in Missouri. Does Bass Pro have the financial resources in order to open new stores, if not then what are some options they can exercise? Will Negative publicity threaten their brand image as they continue to grow? Is the cost of overhead going to be too high initially for Bass Pro to expand at a fast rate, if so then at what rate should they expand yearly? These are all problems Bass Pro is going to have to face in the future. Through research and extensive problem solving, they will be able to make an accurate decision on rather they should expand.

    Read More

  • Univariate Analysis In Descriptive Statistics

    1079 Words  | 3 Pages

    A bar chart or bar graph is a chart that presents grouped data with rectangular bars with lengths proportional to the values that they represent. The bars can be plotted vertically or horizontally. A vertical bar chart is sometimes called a column bar

    Read More

  • Sexuality in the New Arcadia

    1350 Words  | 3 Pages

    The focus of this essay is to explore sexuality presented by Philoclea in the New Arcadia. Philoclea cultivates a relationship towards another women in the book. Yet readers understand that Zelmane is in fact Pyrocles. Sidney allows the reader to be given the impression that until Pyrocles admits to be Zelmane, Philoclea would be shown to have a homosexual tendencies. Philoclea herself is certain that a same-sex friendship is giving way to sexual desire.

    Read More

  • Free Fallin Analysis

    485 Words  | 1 Pages

    When listening to the song for a second time, one realizes that the entire song’s meaning can be condensed down into one line. This line is found when the singer states, “I wanna free fall, out into nothin'. Gonna leave this, world for awhile. And I'm free, free fallin'.” In this line, we see that the singer is talking about “Leaving this world;” this referring to his current girlfriend. When viewing this song from the perspective of the guy ,rather than the girl, we see that this core line expresses the escapism and inability to understand one's emotions. Ultimately, we see that the lead singer is talking about running away; thus allowing him to “feel free” and “fall” into society how

    Read More

  • Aaron Koblin

    1591 Words  | 4 Pages

    Typically, the primary goal of data visualization is to communicate information clearly and efficiently to users via a system of information graphics and visual communication, such as tables and charts. Effective visualization helps users

    Read More

  • Homosexuality In The Ocean

    470 Words  | 1 Pages

    Following his opinions on society’s perception of homosexuality Ocean explains how his feeling came about. He first addresses his loved ones, fans, and supporters thanking them for keeping his secret safe. Then Ocean explains how he spent the past summers with a good friend of his often sharing the same bed as him and there friendship grew intimate but not sexual. The Ocean opens up with “By the time I realized I was in love, it was malignant. It was hopeless. There was no escaping, no negotiating with the feeling. No choice. It was my first love,” (Ocean, 2). Ocean is realizing here that he can no longer deny this odd feeling he had for his friend he can not help but admit he has fallen in love. Then Frank explains how he remembers listening

    Read More

  • Using Visual Thinking for Effective Teaching and Learning

    1485 Words  | 3 Pages

    A pie graph is also called circle graph. It is a circular chart divided into sectors, illustrating numeral proportion. Pie graphs show the relationship of parts of a whole and always show how a whole is divided.

    Read More

  • Business Intelligence

    340 Words  | 1 Pages

    A data warehouse comprised of disparate data sources enables the “single version of truth” through shared data repositories and standards and also provides access to the data that will expand frequency and depth of data analysis. Due to these reasons, data warehouse is the foundation for business intelligence.

    Read More

  • Pros And Cons Of Program Visualization

    1246 Words  | 3 Pages

    Based upon an intensive research of the most widely used visualization tools, a comparison chart depicting the tools, their features and the nature (static/dynamic) is shown below in Table

    Read More

  • Creative Visualization: The True Purpose Of Creative Visualization

    1105 Words  | 3 Pages

    Creative visualization process is a very powerful tool for improving our lives but, without proper understanding it is of little or no use at all.

    Read More

  • Business Intelligence and Data Science

    1145 Words  | 3 Pages

    For the past couple of decades the majority of businesses have wanted to construct a data-driven organization or company. Furthermore, companies around the world are considering harnessing data as a basis of competitive advantage over other companies. As a result, business intelligence and data science use are popular in many organizations today. The increase in adoption of these data systems is in response to the heavy rise in communications abilities the world over. Which, in turn ,has increased the need for data products. Indeed, the Data Scientist profession is emerging to be one of the better-paying professions due to the urgent need of their labor. This paper is going to discuss what business intelligence is all about and explain data science that is usually confused to be similar to business intelligence. I will tackle a brief overview of data scientists and their role in organizations.

    Read More

  • Data Visualization: The Importance Of Data Visualization

    908 Words  | 2 Pages

    Data visualization is the representation of data in a visual context so that people understand the data better. Some of the patterns, trends and correlations that might go undetected in text-based data can be exposed and recognized easier with data visualization software. Today’s data visualization tools are more than just charts and graphs used in Microsoft Excel spreadsheets, displaying data in more sophisticated ways like infographics, dials and gauges, geographic maps, spark lines, heat maps, and detailed bar, pie and fever charts. The images can also include interactive capabilities thereby enabling users to manipulate them or dig deeper into the data for analysis. Alerts can be setup to inform the users when

    Read More

  • Pie Charts

    952 Words  | 2 Pages

    Pie charts these days are typically generated by computer software, as a result people forget that there is actually a little math involved. To create a pie chart Concordia University (2000) explains that you have to find the total value for the entire category being studied and calculate the percentage for each segment or part. Convert the percentage values for each segment into degrees relative to the 360 degrees in the circle. (For example, 12% X 360 degrees = 43 degrees). Then, Draw a circle and d...

    Read More

  • Data Mining Essay

    1102 Words  | 3 Pages

    Generally, data mining can be associated with classes and concepts. data mining (sometimes called data or knowledge discovery) is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue, cuts costs, or both. Data mining software is the best analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles, categorize it, and summarize the relationships identified. Technically, data mining is the process of finding correlations or patterns among the dozen fields in large relational databases.

    Read More

More about PIE CHART - Data Visualization for Businesses

Open Document