Data Visualization Best-Practices For Correlation Overview
The correlation is a statistical calculation expressing how much two KPIs are inter-dependent. The idea of this data visualization is to provide, at glance, all the combinations of KPIs highlighting the related level of correlation
Categories
Data visualization best-practices
- Display a table
- The rows and columns are composed by the KPIs
- The intersection of two KPIs corresponds to the Correlation calculation
- Leverage colors to quickly highlight the strong correlation (close to -1 and close to 1)
- Negative correlations (-1) are red whereas positive correlations (1) are green
- Allow the user to dynamically select the KPI he wants to analyze (for instance moving from a Revenue analysis to a Gross Margin analysis)
- Allow the user to select the analytical axis by which he wants to compute the correlation
Get this data visualization on your BI technology
Leverage this data visualization in business dashboards
- Banking
- Digital Marketing
- Education
- Executive Management
- Finance
- Healthcare
- Hospitality
- Human Resources
- Industry
- Information Technology
- Insurance
- Life Sciences
- Manufacturing
- Marketing
- Procurement
- Project Management
- Quality Management
- R&D / Product Development
- Retail
- Risk Management
- Sales
- Service Management / Call Center
- Social Media
- Supply Chain
- Sustainability, Health & Safety
- Trading
- Other…
Other data visualizations
- Business Overview
- Project Detail
- Project Gantt
- Portfolio
- P&L / BS Evolution
- P&L / BS Statement
- Ad-hoc
- Ad-hoc Trends
- Growth Card
- What-If
- Retention
- Correlation Detail
- Comparison Trends
- Comparison Table Split
- Comparison Bar Split
- Fact Sheet Variance %
- Fact Sheet Variance
- Fact-Sheet Performance
- Fact Sheet
- Trends Lines
- Stacked Trends
- Split Trends
- Trends
- Contribution
- Pareto
- Segmentation 2D
- Segmentation
- Location Map
- Trends Highlight
- Podium
- Main KPIs Trends Contribution
- Main KPIs Trends
- Performance Split
- Cockpit
- Top Contributors
- Understanding Drivers