Chart in Excel 2016
There are several ways to create a histogram chart in Excel. By the moment, Excel uses two different algorithms to calculate the data for a histogram chart:
Histograms show the distribution of numeric data, and there are several different ways how to create a histogram chart. Distributions of non-numeric data, e.g., ordered categorical data, look similar to Excel histograms. However, you cannot use Excel histogram tools and need to reorder the categories and compute frequencies to build such charts.
A histogram chart is often confused with a bar chart because it displays data using bars of different heights. The 'true' histogram chart shows the distribution of numerical data. Each bar of the histogram represents the count of data values within the specified range. See more about different types of histogram charts in Excel.
Many organizations utilize 360-degree feedback (also known as multi-rater feedback, multi-source feedback, multi-source assessment, or 360-degree review), to assist employees in work and social skills development. This process includes gathering employee's subordinates, colleagues, supervisor(s), and manager(s) feedback; and comparing self-evaluation and individual group metrics.
Today, HR professionals in large companies build detailed personality profiles, which include scores of workplace-oriented behavioral indices of the employee. The behavioral scores cover such areas as leadership, communication skills, interpersonal finesse, empathy, diligence, rationality, analyticity, etc. Here radar charts become especially handy because tables, bars, and lines look cluttered and are hard to analyze for a large number of variables.
Time to time, you need to compare strengths and weaknesses, skills, or performance metrics for people, teams, or companies. The dimensions have different qualitative meanings, and, if you choose a bar chart to plot such data, you need to create a separate graph for each aspect. A much better option is to normalize the data and use a spider chart, which renders multiple axes with the same scale.
Excel offers a lot of different tricks to create great informative charts and diagrams. A lot of the useful adjustments related to the axis. E.g., you can hide an axis, use primary and secondary axis, change the presentation of data on the axis, etc.
There are a lot of different pre-defined charts in Excel, but for some types of data, pre-defined charts such as area chart or line chart can look fine but are incorrect.
For the analysis of the investment portfolio, it is helpful to see the unrealized gain or loss. These amounts show how many you will receive or lose if you realize all available stocks right now. Sure, there are some fees for the operations that can decrease gain or increase loss, but, at least, you want to see the least approximate amounts:
Many financial and non-financial companies like Yahoo provide investments portfolio tracking services but do not offer the ability to change the appearance of the charts. Microsoft Excel gives you full flexibility by providing different types of customizable charts. E.g., there are a few variations of Area chart for tracking the value and costs of your portfolio.