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A chart is a tool you can use in Excel to communicate data graphically. Charts allow your audience to see the meaning behind the numbers, and they make showing comparisons and trends much easier. In this tutorial, you will learn how to insert charts and modify them so they communicate information effectively.
Chart elements give more descriptions to your charts, thus making your data more meaningful and visually appealing. In this chapter, you will learn about the chart elements. Follow the steps given below to insert the chart elements in your graph. Step 1 − Click the chart.
Excel provides you different types of charts that suit your purpose. Based on the type of data, you can create a chart. You can also change the chart type later.
In Microsoft Excel, charts are used to make a graphical representation of any set of data. A chart is a visual representation of data, in which the data is represented by symbols such as bars in a bar chart or lines in a line chart.
Excel Charts - Area Chart - Area charts can be used to plot change over time (years, months and days) or categories and draw attention to the total value across a trend. By showing the sum of the plotted values, an Area chart also shows the relationship of parts to a whole.
Advanced Excel - Funnel Chart - Funnel chart is used to visualize the progressive reduction of data as it passes from one phase to another. Data in each of these phases is represented as different portions of 100% (the whole). Like the Pie chart, the Funnel chart does not use any axes either.
The CHART TOOLS menu comprises of two tabs DESIGN and FORMAT. When you click on a chart, a new tab CHART TOOLS comprising of DESIGN and FORMAT tabs appear on the Ribbon. Click the FORMAT tab on the Ribbon. The Ribbon changes to the FORMAT commands. The Ribbon contains the following format commands −. Current Selection Group.
Chart tools comprise of two tabs DESIGN and FORMAT. Step 1 − When you click on a chart, CHART TOOLS comprising of DESIGN and FORMAT tabs appear on the Ribbon. Step 2 − Click the DESIGN tab on the Ribbon. The Ribbon changes to the DESIGN commands.
Gauge charts, also referred to as Dial charts or Speedometer charts, use a pointer or a needle to show information as a reading on a dial. A Gauge Chart shows the minimum, the maximum and the current value depicting how far from the maximum you are.
Stock charts, as the name indicates are useful to show fluctuations in stock prices. However, these charts are useful to show fluctuations in other data also, such as daily rainfall or annual temperatures.