## Change in Position – Which Chart Should I Use?

As an analyst, I often need to keep track of the change in position of various players in the industry. More often than not, the position change needs to be tracked between two specific points in time - say quarter 1 vs. quarter 2 or perhaps year 1 vs. year 2. In this article we take a look at a few alternative approaches to plotting position changes and find out which one serves us best. ...

## Bar Chart with an Average Line for Each Group in Chart

Posted on 04 September 2009

In our previous article we covered adding an average line to a bar chart. At times, however, it may be useful to show an average line for each period or group when the chart consists of more than one such period or group. The advantage here is apparent - not only can the reader view the data points individually, he/she is also able to build a map of how various groups are placed with in relation to each other....

## How to Choose a Chart

Posted on 03 July 2009

How to choose a chart? Which chart would best fit the data set that I have? How do I choose the better chart type from Excel? Finding the right type of chart for the data set that you have can be a bit of a challenge. Given a set of seemingly equivalent alternatives, picking one chart over the other can turn out to be quite an interesting exercise. The chart chooser diagram can help you make a choice in situations ...

## Control Chart in Excel – Create Six Sigma Quality Control Chart Using Excel

Posted on 25 June 2009

Control Charts are an important tool for process quality control. A control chart is generated by when upper and lower control limits are inserted in to a line chart representing changes in a variable over a given period of time. Control charts are an important member of the six sigma methodology and help in visually ascertaining the quantum (and trend) of variation observed in a process. The upper and lower quality control limits in a control chart need not ...

## Bump Chart

Posted on 18 June 2009

Bump charts got their name from “bumps race’”, a term used to refer to a boat race where each boat tries to “bump” the one in front and move up the chart. Bump charts have become quite common of late and are typically used to represent changes in the position of a given number of competing entities over a fixed time duration. Bump charts have been featured quite prominently on Kiaser ...