What would be the best use of a pie graph?
What would be the best use of a pie graph?
Pie charts are best to use when you are trying to compare parts of a whole. They do not show changes over time.
What would be the best use of a pie graph Brainly?
The reason for this being the best answer is that pie charts allow to organize the results from research where there is only one variable being displayed. In this case, all we want to see is the visual data obtained on ice cream flavor preferences and compared. Thus a pie chart allows us to do that.
What element is often found on pie charts?
A common element or description on a pie chart is a percentage. The reason is that percentages are given as a part out of a total (100%). Pie charts are used to see how individual parts compare to the whole, so percents are often times used to show this.
What is the purpose of a pie graph to show the relationship of parts to a whole to compare and contrast two pieces of information to compare amounts using the height and width of bars?
Explanation: A pie chart uses “pie slices” to show relative sizes of data. It forms a circular chart in which each proportion of the “pie” is a percentage of the whole, the total value of them always is 100%. In this type of chart, compared data is easily understanded as it is presented in a simple way.
When should you use a pie chart or a bar graph?
In short, a pie chart can only be used if the sum of the individual parts add up to a meaningful whole, and is built for visualizing how each part contributes to that whole. Meanwhile, a bar chart can be used for a broader range of data types, not just for breaking down a whole into components.
What chart shows the best trends?
Bar charts are good for comparisons, while line charts work better for trends. Scatter plot charts are good for relationships and distributions, but pie charts should be used only for simple compositions — never for comparisons or distributions.
How is a pie chart different from a bar graph?
Pie charts show how much each category represents as a proportion of the whole, by using a circular format with different-sized “slices” for different percentages of the whole. Bar graphs use a series of rectangular bars to show absolute values or proportions for each of the categories.
Does a pie chart have to equal 100?
Simply put, pie charts are best used to show parts of a whole. Specifically, pie charts should illustrate meaningful relationships between percentages, or parts of 100%. If the data you want to display doesn’t add up to 100%, a pie chart might not be your best choice.
When should you not use a pie chart?
Whenever there is similarity in the information available, a pie chart is not the right chart to use. Whenever there are multiple (3 or more) different points of data, a pie chart is not the right chart to use. Pie charts are very easy to abuse.
Is a pie chart a graph?
A pie chart is a circular graph that is broken down into segments (i.e slices of pie). These segments represent each category’s contribution to display parts of a whole. So if your data does not represent this then you should choose another chart.
How do you turn data into a pie chart?
Word
- Click Insert > Chart.
- Click Pie and then double-click the pie chart you want.
- In the spreadsheet that appears, replace the placeholder data with your own information.
- When you’ve finished, close the spreadsheet.
- Click the chart and then click the icons next to the chart to add finishing touches:
How do you put data into a pie chart?
How to make a pie chart
- Once your data is formatted, making a pie chart only takes a couple clicks. First, highlight the data you want in the chart:
- Then click to the Insert tab on the Ribbon. In the Charts group, click Insert Pie or Doughnut Chart:
- In the resulting menu, click 2D Pie:
- Once you’ve clicked that, your pie chart will appear!
How do you explain a pie chart?
Pie charts are used in data handling and are circular charts divided up into segments which each represent a value. Pie charts are divided into sections (or ‘slices’) to represent values of different sizes. For example, in this pie chart, the circle represents a whole class.
How do you conclude a pie chart?
Step 5: Write Conclusion There is one tip that you may follow for writing the conclusion in pie-chart. You may mention the highest proportion and/or the lowest proportion out of the pie charts to write conclusion.
How do I make a pie chart with two sets of data in Excel?
Click on the first chart and then hold the Ctrl key as you click on each of the other charts to select them all. Click Format > Group > Group. All pie charts are now combined as one figure. They will move and resize as one image.
How do you find the percentage of a pie chart?
To calculate the percentage each slice is worth, measure the angle of each slice and divide this by 360 then multiply it by 100. To find the number of pieces of data each slice represents, multiply the percentage that each slice is worth by the total number of the data sets.
What is a formula of percentage?
Formula to Calculate Percentage The Percentage Formula is given as, Percentage = (Value ⁄ Total Value) × 100.
How do I turn a number into a percentage?
Multiply by 100 to convert a number from decimal to percent then add a percent sign %.
- Converting from a decimal to a percentage is done by multiplying the decimal value by 100 and adding %.
- Example: 0.10 becomes 0.10 x 100 = 10%
- Example: 0.675 becomes 0.675 x 100 = 67.5%
What is 3 as a percent?
75%
What is .005 as a percent?
005 .5%
How do you write 1/2 as a percentage?
Multiply by 100 to convert decimal number to percent If you solve this with a calculator then it is easy to get the answer. However, if you solve this by hand or in your head reducing 6/12 = 1/2 may make the problem easier and you may even recognize that 1/2 = 0.50. Multiplying 0.50 by 100 means that 6/12 = 50%.
How do you write 3 2 as a percentage?
How much is 3 out of 2 written as a percent value? Convert fraction (ratio) 3 / 2 Answer: 150%
How do you write 0.9 as a percentage?
Express 0.9 as a percent
- Multiply both numerator and denominator by 100. We do this to find an equivalent fraction having 100 as the denominator. 0.9 × 100100.
- = (0.9 × 100) × 1100 = 90100.
- Write in percentage notation: 90%
How do you write 2/5 as a percentage?
Convert fraction (ratio) 2 / 5 Answer: 40%
How do you write 2/10 as a percentage?
Convert fraction (ratio) 2 / 10 Answer: 20%
What is 1 out of 50 as a percentage?
2%
What is 1/10 as a percentage?
Example Values
| Percent | Decimal | Fraction |
|---|---|---|
| 1% | 0.01 | 1/100 |
| 5% | 0.05 | 1/20 |
| 10% | 0.1 | 1/10 |
| 12½% | 0.125 | 1/8 |
A pie chart is best used when trying to work out the composition of something. If you have categorical data then using a pie chart would work really well as each slice can represent a different category. A good example of a pie chart can be seen below.
What would be the best use of a line graph Brainly?
Line graphs are used when smaller changes exist.. Line graphs can also be utilized to compare changes over the same period of time for more than one group. So, a line graph features showing trends, and the best use of a line graph is data that changes over time.
What is the best application of a line graph?
Line graphs are used to track changes over short and long periods of time. When smaller changes exist, line graphs are better to use than bar graphs. Line graphs can also be used to compare changes over the same period of time for more than one group.
Which chart is best used to show many categories of data quizlet?
Stacked bar charts show multiple values for individual categories, along with the total for all of the categories combined.
Which type of graph is used to show percentages?
Pie charts
What can a line graph be used to do select the best answer?
Explanation: A line graph can be used to do make comparisons to something measured over time.
Which chart is used in financial analysis?
The cluster bar chart is often the first chart type to try when showing financial data from a Profit and Loss statement. This chart type allows you to see the relationship between revenue and cost items for a year, but, it is difficult to compare the trends over time.
How do you present a P&L?
- Define the period for your profit and loss statement.
- Discuss your net sales figure.
- Provide a breakdown of your costs of goods sold applicable to businesses that sell products.
- Explain your expenses section, which may make up the majority of your profit and loss statement.
Who are the users of financial analysis?
Read this article to learn about the following thirteen users of financial statements, i.e., (1) Shareholders, (2) Debenture Holders, (3) Creditors, (4) Financial Institutions and Commercial Banks, (5) Prospective Investors, (6) Employees and Trade Unions, (7) Important Customers, (8) Tax Authorities, (9) Government …
What ratios are used for financial analysis?
6 Basic Financial Ratios and What They Reveal
- Working Capital Ratio.
- Quick Ratio.
- Earnings per Share (EPS)
- Price-Earnings (P/E) Ratio.
- Debt-Equity Ratio.
- Return on Equity (ROE)
- The Bottom Line.
Which financial ratio is most important to investors?
One of the leading ratios used by investors for a quick check of profitability is the net profit margin.
How do you explain financial ratios?
Financial Ratios Definitions A ratio takes one number and divides it into another number to determine a decimal that can later be converted to a percentage, if desired. For example, a debt-to-equity ratio looks at the debt liabilities of the company and divides it by the asset equity.
Which profitability ratio is the most important?
One of the most important profitability metrics is return on equity, which is commonly abbreviated as ROE. Return on equity reveals how much profit a company earned in comparison to the total amount of stockholders’ equity found on its balance sheet.
What is a good current ratio?
A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn’t have enough liquid assets to cover its short-term liabilities.
What happens if current ratio is too high?
The current ratio is an indication of a firm’s liquidity. If the company’s current ratio is too high it may indicate that the company is not efficiently using its current assets or its short-term financing facilities. If current liabilities exceed current assets the current ratio will be less than 1.
What does a current ratio of 3 mean?
The current ratio is a popular metric used across the industry to assess a company’s short-term liquidity with respect to its available assets and pending liabilities. A ratio over 3 may indicate that the company is not using its current assets efficiently or is not managing its working capital properly.
Why high current ratio is bad?
If a company has a high ratio (anywhere above 1) then they are capable of paying their short-term obligations. The higher the ratio, the more capable the company. This indicates poor financial health for a company, but does not necessarily mean they will unable to succeed.
What is a bad current ratio?
A current ratio of above 1 indicates that the business has enough money in the short term to pay its obligations, while a current ratio below 1 suggests that the company may run into short-term liquidity issues.
What does a current ratio of 0.5 mean?
When the ratio is at least 1, it means a company’s quick assets are equal to its current liabilities. A ratio of 0.5, on the other hand, would indicate the company has twice as much in current liabilities as quick assets — making it likely that the company will have trouble paying current liabilities.
What is a good interest coverage ratio?
Generally, an interest coverage ratio of at least two (2) is considered the minimum acceptable amount for a company that has solid, consistent revenues. In contrast, a coverage ratio below one (1) indicates a company cannot meet its current interest payment obligations and, therefore, is not in good financial health.
Is a higher or lower interest coverage ratio better?
Also called the times interest earned ratio, this ratio is used by creditors and prospective lenders to assess the risk of lending capital to a firm. A higher coverage ratio is better, although the ideal ratio may vary by industry.
What is Apple’s interest coverage ratio?
Apple’s Interest coverage ratio, which we calculate as operating income divided by interest paid, has declined from 97x in 2015 to 18x in 2019. Apple’s Total Debt to EBITDA ratio has increased from 0.8x to 1.4x over the same period.
Is a high interest cover ratio good?
A higher ratio indicates a better financial health as it means that the company is more capable to meeting its interest obligations from operating earnings. On the other hand, a high ICR may suggest a company is “too safe” and is neglecting opportunities to magnify earnings through leverage.
What is the debt to asset ratio formula?
The debt to assets ratio formula is calculated by dividing total liabilities by total assets. As you can see, this equation is quite simple. It calculates total debt as a percentage of total assets.
How do you calculate interest on a debt?
Divide your interest rate by the number of payments you’ll make in the year (interest rates are expressed annually). So, for example, if you’re making monthly payments, divide by 12. 2. Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.