A Critical Analysis of Slope Graph Vs Line Graph
Business analytics is dependent on past history. Companies and corporate sectors go for business analysis to make better decisions to enhance productivity and outcome. To make such insightful scrutiny and sound decision you dig out data called data mining. To represent such data, graphs are primarily used frequently. Today’s in-depth analysis is on slope graph vs line graph. We will learn what is the difference between slope and line graphs. Additionally, our focus will be on learning the facts that where these graphs are usefully applied.
Graph For Businesses
Graphs are a good and simplest way to interpret complex and big data throughout a specific time period. We use graphs widely in businesses, turnovers, or loss history. Visual depiction of data renders it convenient to make sense of a huge amount of data, figures, trends, and data relationships. Industries and production houses control their productivity based on learning the graphical data relationships. We can further overcome the flow of money on the basis of graphs’ analytics.
Math Beyond Book
Although you must have studied graphs in your high school. Nevertheless, the actual use of graphs in practical life is quite interesting. Graphs also assist in making an analysis, decision. For example, it provides a structural representation of trends and data on the flow of something. So, it helps in assessing performances, outcomes, sales, and even deadlines. Graphs are also used in football, cricket, and baseball matches. Mostly line graphs and slope graphs are used to show a player’s individual or team performance.
Graphs For HR
Human Resource Management (HRM) is a must-to-go with graphs. HR is responsible for evaluating an employee’s performance and making future policies with the help of Graphs. You also get help for making calculations easier. Whether you’re a sales assistant or a manager, you’ll find the graphs very helpful in understanding your sales figure. In addition, you can use the graphs such as line graphs or slope graphs to identify which targets aren’t achieved or which are yet to reach and what you can make fit use to correct your mistakes.
Most in businesses, corporate level, and scientific research line graphs and slope graphs are considered best. Let’s open the scroll of each one of these two widely used graphs.
What is a Line Graph?
Line graphs, otherwise also known as line charts, are commonly used to depict the pictorial presentation with quantitative data gained over a specific niche and a particular time interval. A-Line is presented for the depiction of data flow and fluctuation. This line goes with touching the points. These points are connected by a line. Data points advocate the observations that are made into observation on a survey or research. The line graph goes with an x-axis and a y-axis.
When to Use Line Graph?
Line graph trends a graphical depiction of the variations that had been presumed over a specific or settled period of time. A line graph is drawn across a horizontal axis called the x-axis and alongside a vertical axis called the y-axis. The x-axis generally lays down a time period over which you come to like to potentialize the quantity of a specific thing or a category in the y-axis. Line graph also assists you to analyze the trend of the stock market, population, inflation, and weather forecast whether the quotient in the y-axis is dwindling or upsurging over a lapse of time. A line graph delivers an elaborative picture of an increasing or a decreasing data trend or category between the two items or things.
Line Graph Example
Line Graph poses practicality when one thing is varying against the changing intervals of time. Keeping in view this let’s explore the example of a line graph. The following example discusses a cookie sale graph in a superstore. The graph explains how a cookie sale tends to increase and decrease during the weekdays. This obviously will help the shop owner to make an appropriate decision.
The above-quoted example represents the nature of line graphs. The data of biscuit sales starts from Monday as starting weekday and Friday as the end weekday. The cookie sold on Monday for one box following Tuesday’s 4 boxes and so on up to Fridays with top highest gross sales—10 boxes.
What Other Factors Should You Use Line Graphs?
Line charts can show continuous data over the intervals of time, set against a common scale, and are therefore great to go for showing trends in data at equal passages of or over time. As a general rule, we should use a line chart when your dataset and values are given in numbers and include non-numeric (category) data. For instance, a store owner wants to analyze the growth of his sales and business over a specific season or time of one year.
What is Slope Graph?
The slope chart or Slope graph is used for straight up-line measurement. The slope graphs are commonly represented by the letter m in the algebraic equation as y = mx + b, it indicates the value that increases or decreases with the passage of time. Though the value of the primary variable y can also increase as the time passes ahead while the independent variable x is likely to get increased by more than one unit.
When To Use Slope Graph?
The slope graph is drawn on a pair of coordinate axes [x,y] on the graph chart. A constant and prime value of the slope goes for that the dependent variable that increases, a value less than zero implies that the variable y dwindles. A 0 value of the slope shows that a horizontal line is constant. It is always for a unit value in the variable x. A huge benefit of real-world processes, pragmatic approach, scenarios, and factors are mended to scrutinize the value for using straight lines, and naturally curve, slope charts are considered literally useful for depicting the complex data values.
Example of Slope Line Graph
We bring this example as standard and easy to grasp because you have come across a line graph. The following chart is both a line and slope graph. It discusses the time and distance relationship. The more distance you cover, the more time it will take.
What is the Difference Between a Slope Graph & Line Graph?
Both line and slope charts are best in use for data comparison. Although they resemble each other, they are different in data pictorial fashion. Following we compare the major and common differences between a slope graph & line graph.
|A line graph is a class of charts that is used to show data informatic that changes over time.||A Slope Graph is used to depict the inclination trend of two values. In simple words, it is used for an increasing level.|
|The line Graph is plotted adjoining several points connected by a linear motion. We also know it as a line chart.||Line Graph trespasses in two or more regions or else the graph division shows a straight trend.|
|The line graph is made over two axes known as the ‘x-axis and ‘y’ axis.||The slope graph is plotted by sketching a sloped line from a horizontal line to a vertical line.|
In reaching the final points, we will say both line and slope graphs have their own applications and domains. The slope graph is limited and can only depict a small value of data with a simple straight trend. While Line graph shows a complex presentation with a variety of use and data values. So, data presentation is up to you whatever you opt for your data domain and needs.