Graphs and Charts for Business Data — Revision Notes
Madhya Pradesh Board · Class 12 · Accountancy
Graphs and Charts for Business Data revision notes for Madhya Pradesh Board Class 12 Accountancy: 4 topics in quick points.
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Key Topics to Revise
1. Meaning and Use of Graphs and Charts
- A graph is a pictorial representation of data with at least 2-dimensional relationship.
- A graph has at least two axes: X-axis and Y-axis.
- X-axis is usually horizontal.
2. Elements of a Chart or Graph
- The chart area is the entire chart including all elements.
- The plot area is the area bounded by the axes.
- In a 2-D chart, the plot area is bounded by the X and Y axes.
3. Using MS Excel 2007 for Charts
- MS Excel 2007 is used to create charts through the Ribbon interface.
- Clicking anywhere in the chart displays Chart Tools.
- Chart Tools add the Design, Layout, and Format tabs.
4. Pie Charts and Bar Charts
- A pie chart represents multiple sub-groups of a single variable.
- A bar diagram depicts two or more variables.
- A pie chart is used to show the parts of a whole.
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