There are basically two types of linear relationships as well. Linear relationship means the change in an independent variable(s) causes a change in the dependent variable. This means these are the variables using which response variables can be predicted. Independent Variable (aka explanatory/predictor variable): Is/are the variable(s) on which response variable is depend.Dependent Variable (aka response/outcome variable): This is the variable of your interest and wanted to predict based on the Independent variable(s).Click on image to view the relevant tip.Excel functions, formula, charts, formatting creating excel dashboard & others Check out below examples to learn something unique, useful and uplifting. If you are looking for a place to polish your charting game, you’ve come to right place.
See it below or head to my YouTube channel. You can also see my quarantine look (full beard + nearly crazy hair). I created a video explaining slope line technique. Adding slope line to scatter plots – video It also shows all the steps needed to create these charts. Download sample workbookĬlick here to download sample workbook with slope line example. Here is a tip on how to highlight important points on a chart. For example, we can highlight apps that have significantly change in downloads. Consider highlighting few of the points on charts based on the value.Always annotate the axis (use either axis titles or put text boxes near them).Test scores of students in two different subjects.Failure rate in machinery before and after maintenance.Consider adding them whenever you are visualizing data from two time periods or two similar situations. Slope line is a great way to enhance the readability of certain types of scatter plots. Slope line in XY charts – When to use them & tips Here is our final XY chart with slope line. This will help in reading the data better. Bonus step: You can add a text box to the chart and type in “more this week” in it and place it above the line.Add a chart title, space out the grid lines and format the slope line.
To do this, right click on the orange dots (slope series) and select “Change series chart type”.
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