Bar Graphs In Statistics. Each bars height is proportional to the quantity of the category that it represents. Frequency is the amount of times that value appeared in the data. Features of a Bar Chart. Bar graphs are commonly used in financial analysis for displaying data.
Each bars height is proportional to the quantity of the category that it represents. The charts and graphs of statistics give us full information about the statistical data at a glance. Vilfredo Pareto developed the bar graph when he sought to give economic decision-making a more human face by plotting data on graph paper with income on one axis and the number of people at different income levels on the other. The statistical charts are also known as pictographs. A bar chart represents data categories using vertical or rectangular bars that are proportional to numerical values. Bar graphs are one of the means of data handling in statistics.
What are the Similarities Between Bar Graphs and Histograms.
The statistical data in statistics is shown by charts diagrams and graphs for getting quick informationCharts and graphs of statistical data are catchy and time saver for collecting the information. Features of a Bar Chart. The statistical data can be represented by various methods such as tables bar graphs pie charts histograms frequency polygons etc. Each rectangle or bar represents only one numerical value of. The charts and graphs of statistics give us full information about the statistical data at a glance. Bar Graph is used in mathematics accounting economics and statistics.