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Pie Chart - Data Visualization for Businesses

Many people agree that one vivid picture is better than a thousand words, and a method of pie chart data visualization proves this saying. Basically, the unique ability to represent important business data in a graphical manner provides you with a great power to make more informed decisions faster. This representation is quite appealing and easily understood by other people, but you need to keep it simple to allow more users to interpret valuable data and gain better insights into the right meaning while facilitating efficient communication inside the given company.

What is this method all about? Data visualization is all about the use of sensory and interactive representations, which are commonly visual and involve some abstract data to reinforce its cognition. In its nature, it’s one of the most effective methods of decision-making. Pie charts belong to some of the most widely used and popular tools of data visualization and many business owners choose it these days.

All pie charts can be divided into 2 basic categories, where the first one is standard and the other one is exploded. Both of them have their unique features and differences. For instance, standard pie charts show parts and their connections with the whole. All pie charts must be based on a circle because this shape provides them with a decent visual concept of 100%. Besides, they all contain parts or pieces that represent a certain percentage in its relation to a whole.

Exploded pie charts are quite identical to the standard ones, but the only exception that one pie is always visually separated from the rest. They are easy to create if you use a simple protractor, compass, can, jar, or other similar items to draw segmented pieces. These charts are created to represent both small and large parts in their clockwise fashion.

All pieces must have their certain percentages or data labels mentioned above them, so people don’t need to check any legend to interpret these graphs. One of the most common errors made by people when drawing them is using pie charts when there are more than 6 parts involved in their relation to a whole. That’s because having too many things to compare on pie charts can distract the audience from a simple and clear message that must be spread. They start offering complex and confused data representations instead of achieving this goal.

Many people agree that one vivid picture is better than a thousand words, and a method of pie chart data visualization proves this saying. Basically, the unique ability to represent important business data in a graphical manner provides you with a great power to make more informed decisions faster.

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Assignment ID
100002459
Discipline
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CREATED ON
October 20, 2016
COMPLETED ON
October 21, 2016
Price
$18
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Essay Example Comments
oj.emmanuel78
December 7, 2016
oj.emmanuel78
Hopkins you are the man, nice work, surely we will do this again, recommended.
dstratzii93
December 6, 2016
dstratzii93
Solid Work done.
jas121961
December 3, 2016
jas121961
good stuff