![]() This makes bubble charts a key driver in market trend analysis and geographical trend analysis. Compared to a triple bar graph, a bubble chart makes it simpler to visualize patterns and correlations. → Pattern study: With a bubble chart, it becomes easier to evaluate a third dimension of business data. Now that you have learnt how you can create one for your business scenarios, we give you a rundown of the most prominent applications of a bubble plot below: But if one understands the concept of how it is created, it is easier to figure out the mind-boggling applications this data visualization tool serves. On the surface, a bubble chart seems just that – a CHART. Your simple yet effective bubble chart is ready to impress. Fill in the variables and the labels determined earlier into the respective cells and close the Excel window. Your bubble graph will show up with the Excel sheet linked to it. We are picking the latter for better visual effect. You can choose “ Circle” or “ Sphere” for the shape of the bubbles. In the main menu, go to “ Insert”, then “ Chart”, then “ Bubble”. With your values and labels determined, it’s time to use the nifty features of PowerPoint to let your numbers tell a story. We will add these labels to the graph to be added to our PowerPoint slide. For our example, we are keeping revenue on the Y-axis and number of products sold on the X-axis. Label the axis as per the value and segment it suitably. You can choose to either write the values down or tabulate them in Excel.Ĭhoose which value you want to visualize on each axis of your Cartesian graph. Now gather and arrange these triplets into a tabulated format. In our example, let’s assign v1 to revenue, v2 to number of products sold, and v3 to the percentage market share. ![]() The ideal data set will contain triplets of values like (v1, v2, and v3). Gather the data that you want to visualize with your bubble chart. So follow along these steps and prepare a handy bubble chart in PowerPoint for your problem statement. For further clarity, we are taking the example of a product use case where we have three variables - revenue, number of products sold, and percentage market share of the product as per the sales. In this section, we will show you how you can easily visualize and create a bubble chart in PowerPoint in four easy steps. We will address these applications in the next section. These include a 3-D bubble chart (where circles or bubbles are replaced by spheres), a map bubble chart (used in cartograms), a comparative bubble chart (with data triplet sets of two entities), and so on and so forth.įor someone uninitiated, it matters more that you learn the applications of a bubble chart first than make one for your use case. The following popular Ted Talk by Swedish physician Hans Rosling puts a lot in perspective about bubble chart and how it is formed.īased on the preference of the user, a bubble chart can be represented in various formats. Labels and colors can be used to distinguish the plotted variables. The size of each bubble is determined by the third variable. Unlike a scatterplot that considers two variables for visualizing data sets with distinct dots, a bubble chart considers a third variable as well and denotes it with bubbles or circles of various sizes. Let’s get started.Īlso known as bubble plot, bubble matrix, or bubble graph, a bubble chart is an advanced scatterplot that is used to display three dimensions of data on a Cartesian graph. ![]() There are also handy bubble chart templates up for grabs by the end. Follow along and learn how you can make a bubble chart and incorporate it into your evaluations and statistical analyses. ![]() So in this guide, we will explore the concept of bubble charts in a comprehensive fashion. The answer to that question lies in a nifty visualization tool called the bubble chart. How do we assess and visualize three variables onto a graph? Not to mention, understanding this binary system helped us with our grades too!īut what if we need to include a third variable into the mix? The simple data visualization technique helped us assess two variables and draw patterns from them. And we've all used a Cartesian graph to plot data points back when we were learning the nuances of algebra. We've all been in a mathematics class before. ![]()
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