A less common, although some might argue more powerful, use of control charts is as an analysis tool. Throughout this guide, you’ll have the various control charts identified. Accordingly, yo ...

Using a Pareto Chart for Root Cause Discovery Now that we’ve defined what a Pareto chart is and how the principle driving it works, it’s time to create your own.

Use Data Analysis Toolpak: Excel’s Data Analysis Toolpak offers a built-in histogram tool that can simplify the process. Make sure to enable it from the Add-ins menu.

The relative rotation graph is a chart used in technical analysis to test the performance and momentum of securities or asset classes against a benchmark. RRGs provide a comprehensive view of the ...

Use simple prompts: Leverage GPT-4o’s intuitive interface and simple prompts to quickly create charts and explore different visualizations. Experiment with chart types: Don’t limit yourself to ...

Next, I asked ChatGPT to generate a bubble chart for the top 30 campaigns and run a Pareto analysis. This analysis revealed that 20% of campaigns were responsible for 80% of conversions.

Investors have likely been plotting stock prices and analyzing charts since the early days of stock trading, but modern technical analysis didn't become an established practice until the late 19th ...

You can use social media analytics tools to help streamline this process, but I've found that it's always best to review the data manually and consider data from both your own deep dive and any ...