How do you describe a pie chart in a report?
A pie chart divides data into separate sections to show which individual parts make up the whole. To describe the chart, compare each “slice” of the chart to the others to determine what share of the total each category has.
What is a trend give an example?
Trend is defined as to go in a general direction or to have a tendency to go in a certain way. An example of trend is for a plain to stretch westward across a state. An example of trend is when the number of murders in a city reduce downward.
How do you show a trend in a graph?
Add a trendlineOn the View menu, click Print Layout.In the chart, select the data series that you want to add a trendline to, and then click the Chart Design tab. On the Chart Design tab, click Add Chart Element, and then click Trendline.Choose a trendline option or click More Trendline Options.
How do you describe a time series graph?
A time series graph is a line graph of repeated measurements taken over regular time intervals. Time is always shown on the horizontal axis. On time series graphs data points are drawn at regular intervals and the points joined, usually with straight lines.
What is the trend in time series?
Definition: The trend is the component of a time series that represents variations of low frequency in a time series, the high and medium frequency fluctuations having been filtered out.
How do you find the trend in a time series?
Identifying patterns in time series dataTrend(T)- reflects the long-term progression of the series. Cyclic ( C)— reflects repeated but non-periodic fluctuations. Seasonal(S)-reflects seasonality present in the Time Series data, like demand for flip flops, will be highest during the summer season.
How do you read a time series?
Interpret the key results for Time Series PlotStep 1: Look for outliers and sudden shifts.Step 2: Look for trends.Step 3: Look for seasonal patterns or cyclic movements.Step 4: Assess whether seasonal changes are additive or multiplicative.
What are the four main components of a time series?
These four components are:Secular trend, which describe the movement along the term;Seasonal variations, which represent seasonal changes;Cyclical fluctuations, which correspond to periodical but not seasonal variations;Irregular variations, which are other nonrandom sources of variations of series.
What are the types of time series?
An observed time series can be decomposed into three components: the trend (long term direction), the seasonal (systematic, calendar related movements) and the irregular (unsystematic, short term fluctuations). WHAT ARE STOCK AND FLOW SERIES? Time series can be classified into two different types: stock and flow.