BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If a company wanted to show an increase in their revenue over time, what would be the best graph to use?
A
Pie chart
B
Scatter Plot
C
Bar Graph
D
Line Graph
Explanation: 

Detailed explanation-1: -Line Graph A line graph reveals trends or progress over time and you can use it to show many different categories of data. You should use it when you chart a continuous data set.

Detailed explanation-2: -A Sankey is one of the best graph to show profit and loss insights. And this is because it provides micro-insights into the flow of revenue and expenses.

Detailed explanation-3: -These lines show increases and decreases. The sharper the slope upward, the greater the increase. The sharper the slope downward, the greater the decrease. Line graphs can show trends, or changes, in data over a period of time.

Detailed explanation-4: -Pie charts and donut charts Pie charts work best for visually representing simple percentage data. For sales data visualization, this might be something such as monthly sales across your different channels or revenue generated from specific products or product types.

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