A combination chart, also called a combo chart, is a graphical representation of two or more data series, which are usually related to each other. A combination chart combines two or more chart types, such as a column chart and a line chart, and is useful for displaying data that changes over time or for comparing data between two or more groups.
There are many types of combination charts, but all of them display data in a way that is easy to understand and compare. Continue reading to learn more about specific types of combination charts and how they can be useful for your company.
Bar and Line Combination Chart
A bar and line combination chart is a graphical representation of the relative frequencies of occurrence of different combinations of two items, represented by bars and lines. The bars are usually displayed on the vertical axis and the lines on the horizontal axis. The chart can be used to show how often different pairs of items occur together or to compare the frequencies of different items. For example, you can use a bar and line combination chart to compare budgeted amounts to actual amounts or to visualize how a company’s sales have changed over time.
Column and Line Combination Chart
Column and line combination charts blend column and line graphs to show how two different sets of data are related. They can be used to determine relationships, trends, and highs and lows in your company’s data. For example, you might use a column chart with lines overlaid to compare the number of sales each salesperson made last month with the amount of money each salesperson made in that same time.
Area, Column, and Line Combination Chart
An area, column, and line combination chart is a graphical representation in which data is displayed in areas, columns, and lines. This type of chart is often used to display data that changes over time. The area in a combination chart is used to display the total or summed value of the data in the column and line chart, while the column and line chart are used to display the individual values for each data point.
Benefits of Combination Charts
When it comes to creating effective visual aids for data presentation, combination charts are hard to beat. Combination charts can provide a more comprehensive view of data than a single chart type can. They can also make complex data easier to understand.
In general, combination charts benefit companies by allowing them to more easily see how different aspects of their business are performing. For example, a company might use a combination chart to compare sales data with profit data. Doing so would allow them to see how the two are related and how they might be able to improve profits by increasing sales.
There are many different types of combination charts, and each type of chart has its own strengths and weaknesses, so it’s important to choose the right type for the data you want to display. When creating a combination chart, it’s important to make sure that the data is compatible with the different chart types you’re using. For example, if you’re using a line graph and a bar graph combination, the data in each graph should be based on the same unit of measurement. Additionally, it’s important to make sure that the data is arranged in a way that makes sense visually. For example, in your line and bar combo chart, the data should be arranged in chronological order.
By using combination charts, companies can more easily see how their business is faring in their industry. This can allow them to make more informed decisions about how to improve their business.