There’s no question that data visualization is incredibly useful for business. By taking data and presenting it in a visual form, businesses can gain insights that would be otherwise difficult to obtain. There are many ways to visualize data, including bar charts, line charts, pie charts, and donut charts. Keep reading to learn more about donut charts, including how to turn data into a donut chart.
What is a donut chart?
A donut chart is a type of pie chart that has a hole in the middle. Just like a pie chart, this type of chart is used to show how a part of a whole is divided into smaller parts. While a donut chart is functionally similar to a pie chart, the main difference lies in the visual appeal, as it may be easier for viewers to see the size difference between slices by focusing on the arc length of each slice instead of the whole area.
How do you turn data into a donut chart?
There are many different ways to turn data into a donut chart, but the most common is to use a software program like Excel or Google Sheets. To create a donut chart in Excel, you can first enter your data into a spreadsheet. Then, select the data you want to use for your donut chart and go to the Insert tab. In the Charts section, select the Pie Chart icon. Excel will automatically create a default donut chart with the data you entered. However, you can customize the chart to make it look exactly the way you want. For example, you can change the colors, add text or labels, and change the chart title.
There are a few things to keep in mind when creating a donut chart. First, the donut chart should always have a title, legend, and labels for each slice to make the chart easier to read. Also, make sure to use a transparent background so that the data is more visible, along with a consistent color scheme and font. You might also want to consider the size of the hole in the center of the chart. A larger hole might make the size differences more difficult to see, but a smaller hole might give too much emphasis to the area of each slice.
How can you use donut charts?
There are a variety of ways businesses can use donut charts to help visualize and communicate their data. First, donut charts can be used to compare different parts of a whole. For example, you could use a donut chart to compare the sales of different products in your store. This can help you see which products are selling the best and which ones need improvement.
Donut charts can also be used to show proportions. For example, you could use a donut chart to show how much of your company’s sales come from different regions. This can help you see where you are making the most money and where you could stand to make improvements.
Additionally, donut charts can be used to display data trends. For example, you could use a donut chart to show how your company’s sales have been changing over time. This can help you see where your business is growing and where it could use some improvement.
Further, donut charts can be used to compare data sets. For example, you could use a donut chart to compare the sales of two different products. This can help you see which product is selling better and why.
Finally, donut charts can be used to illustrate a process. For example, you could use a donut chart to show how your company’s product pipeline works. This can help your customers understand your process and how your products are created.