Today, I will be showing you what those charts look like in Excel. And if you are impressed enough to want try them, all you need is Excel 2016. Better if you have the O365 subscription pack one, I think those ones get pushed new updates first.
1. Treemap.
This lets you use rectangular bars of varying height and width to visualize performance or values of different entities.
2. Sunburst
3. Histogram
It is for showing frequency distribution. Those of us with some statistical background will be at home with it.
4. Box & Whisker
This is also a statistician's tool. It is for showing the spread of values for the different quartiles in the data.
5. Waterfall.
This is an accountant's staple. It shows incremental effect of connected data points.
6. Funnel
If you are into sales you will be familiar with funnels. How many leads you need to get a sale? Conversion rates? With a funnel chart you can visually depict each level of your sales activities and their conversion rates.
And those are the new chart types in Excel.
You can access them natively from the chart menu.
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ReplyDeleteThe overview of the new chart types in Excel 2016 is both practical and informative, especially for users who want to present data more effectively without relying on complex workarounds. Explaining when to use Treemap, Sunburst, Histogram, Box & Whisker, Waterfall, and Funnel charts makes it much easier for readers to choose the right visualization for business, financial, and statistical analysis.
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DeleteThis was a refreshing read with a smooth flow and easy-to-follow explanations throughout. While diving deeper into hierarchical data and chart structure, I found a helpful reaction test tool that aligns well with data insights and analysis.
ReplyDeleteThis post provides a clear and useful introduction to the new chart types in Excel 2016, especially highlighting how tools like Treemap help visualize hierarchical data using proportional rectangles.
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