In this blog, we will take you through a few data visualization techniques and its varied applications.
Below are a few commonly used data visualization techniques:
Infographics: This is a technique of using a distinct collection of images, words, and charts to create a comprehensive and easy to understand display of data.
Scatter Plots: A visualization technique where two variables are plotted on the x and y axis with an established correlation.
Fever Charts: This visualization technique is popularly used in the stock markets to track continuously changing prices over time.
Population Pyramids: These help in illustrating population distribution through a stacked bar graph.
So, these were a few popular techniques of data visualization, let's now look at how these techniques are implemented in various domains.
- Useful in determining a correlation between any two variables plotted.
- Examining a network of audiences and bridging variables to arrive at meaningful insights in statistical behaviour.
- Examining and tracking trends over a period of time.
- Determining the pulse and frequency of changes and how often they occur.
- Data visualization for tracking investments in commodities and stocks.
- Monitoring and predicting healthcare patterns.
- Determining optimum shipping routes for logistics.
- Understanding research data to give meaningful insights into Research & Development