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
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