The most commonly used charts in Excel are Column and Bar Chart. Although they do the job perfectly, sometimes it is necessary to emphasize the displayed values. For this purpose, you can create a nice chart called “Lollipop” (or Lollypop). It is still not a part of Excel’s standard charts palette and in the following text I will show you how to create one by modifying the Clustered Column chart.
Conditional formatting is not new feature, but so far Power BI users have been able to use it exclusively in visuals that contain some sort of table. The novelty brought by the improved version of the november 2018 is that the Saturation field has been abolished, and the option for conditional formatting has been added instead. Let’s see what it brings!
Box & Whisker charts are used for a statistical analysis of the data set. They come along with Excel 2016, and serve to show the statistical distribution of data according to quartiles, emphasizing the mean, maximum and minimum values. In business, they can be used, for example, to analyze the turnover of an item byclass or sales group. Then we analyze the value distribution, based on which we can make conclusions about future values.
Sunburst is another new chart brought to us with Excel 2016. It is suitable for displaying sales values (traffic, earnings, merchandise, etc.) according to periods, arranged by hierarchies such as: years, quarters, months, days … It reminiscent of a Doughnut Chart, because the width of the ring shows the value that we want to present. It differs in showing several rings, each corresponding to one of the hierarchies.
Treemap is a new chart that comes with Excel 2016, and is used for hierarchical value display in a decreasing order. The values are represented by rectangles, where the largest rectangle represents the largest value, and to the right of it are a smaller rectangles with lower values. This type of chart is convenient to track in the city we have the best turnover, or which item brings the highest revenue …