In this template, percentages for each segment are derived from absolute values using formulas and they are auto placed in respective segments.
Type
Scatter Chart / XY Scatter Plot
Function
Correlation, Pattern
Use case example: Pricing analysis
The XY Scatter Plot in above example presents an analysis of 100 bestseller books on Amazon to establish and quantify trends and correlations between number of pages, price and average price.
The 100 dots in this chart represent 100 books. On the X-axis are number of pages segregated in segments of 1 – 100 pages, 101 – 200 pages, 201 – 300 pages and so on. On the Y-axis is price of books. Each X – Y intersection point represents number of pages and price of the book.
From the chart, we can see that about 50% of the 100 bestseller books have 200 to 400 pages.
Books that have 300 to 400 pages command 34% higher average price over books that have 200 to 300 pages. However, the average price increase is just about 6% when we move to 400 to 500 page segment.
How to use and edit this chart template
To edit this chart template, execute following steps.
- Right click on the chart to open chart menu. Click Edit Data. This will open the linked Excel sheet (see video below).
- Enter variable 1 data in column A. This data is automatically grouped into segments using formulas. The segments form the X-axis of the scatter plot.
- Enter variable 2 data in column B. These values form the Y-axis of the scatter plot.
- Individual data points of variable 1 are plotted at the intersection point of variable 1 and variable 2.
- The average value of variable 2 corresponding to each X-axis segment is derived from numeric data. Preformatted markers with average value data labels are automatically placed in respective segments, at corresponding intersection points.
- Close the Excel sheet.
- This chart template requires moderate knowledge of Excel formulas and functions.
- File format: PPTX. Compatible with PowerPoint 2013 and above.
