There are many different types of charts, each with its own benefits and drawbacks. In this article, we will take a look at some of the most popular area charts as well as their pros and cons. Keep reading to learn more about area charts, different types, how they’re used, and why you should consider using these chart types within your industry.
Why Use Area Charts
Area charts are a way to represent data over time or space. They are similar to line graphs, but instead of lines, they use shaded areas to represent data. The three most common types of area charts are stacked area, 100 percent stacked area, and clustered area. But there are others, too. Different types of charts can be helpful in understanding how a particular variable changes over time or how it compares to other variables. They can provide a more holistic view of the data than other chart types.
How Area Charts Are Used in Business
The area of each bar in an area chart represents the value of the data for that time period. The height of the bar shows the magnitude of the data. Lines connecting the bars show the trend over time. In fact, many different types of data can be displayed in an area chart. For example, you could use an area chart to compare the sales of two different products over a specific period. You could also use an area chart to compare the profits of two different companies over time. Area charts are a great way to quickly see how a data set changes. And they are especially useful for comparing data sets, as the areas of the bars will show the relative size of each data set.
Composite Area Chart
When it comes to different main types of area charts, the composite area chart is a graphical representation of data that combines two or more charts. It allows the user to compare and analyze data sets that are related but have different scales. The composite area chart displays the intersection of data points as a shaded region.
Clustered Area Chart
A clustered area chart is a type of chart in which data points are grouped together by their category. The x-axis represents the categories, and the y-axis represents the values. Unlike other area charts, clustered area charts do not connect each data point with a line. This makes them ideal for displaying data that is divided into discrete segments.
Stacked Area Chart
Stacked area charts are similar to regular area charts, except that the areas of the different data series are stacked on top of each other. This can be helpful for visualizing how much of a total percentage each data series contributes. This can be useful for comparing multiple categories at once. For example, you could use a stacked area chart to compare the market share of different phone companies.
3-D Area Chart
A 3-D area chart adds an extra dimension to the standard 2-D area chart by displaying data as a three-dimensional object. This can be used to visualize how data changes over time or space. For example, you could use a 3-D area chart to show how sales figures have changed over the years for different products in your store.
100 Percent Stacked Area Chart
A 100 percent stacked area chart is similar to a regular stacked area chart, but it displays the percentage contribution rather than the actual value. This can be helpful for understanding proportions and relationships between values. For example, you could use a 100 percent stacked area chart to compare the market shares of different countries within Europe.
The examples of area charts above are applicable in many different ways. Hopefully, this page has provided you with enough insight on how to use each chart type.