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6. Explain the following charts:
(a) Column chart
(b) Line chart
(c) Pie chart
1
Answers
Explanation:
(1) column chart :- A bar chart or bar graph is a chart or graph that presents categorical data with rectangular bars with heights or lengths proportional to the values that they represent. The bars can be plotted vertically or horizontally. A vertical bar chart is sometimes called a column chart.
(2) Line chart :- A line chart is a graphical representation of an asset's historical price action that connects a series of data points with a continuous line. This is the most basic type of chart used in finance, and it typically only depicts a security's closing prices over time. Line charts can be used for any timeframe, but they most often make use of day-to-day price changes.
(3) Pie chart :- A pie chart (or a circle chart) is a circular statistical graphic, which is divided into slices to illustrate numerical proportion. ... While it is named for its resemblance to a pie which has been sliced, there are variations on the way it can be presented.