Introduction to Bubble Chart and 4 types of analysis with examples
Learn how Bubble Chart can be an effective data visualization technique. 4 types of analysis using a bubble chart with examples. Correlation, Exploratory data analysis, Cluster Analysis and Categorical variable impact.
00:19 Why do we need a Bubble chart
02:55 Difference between Scatter plot vs Bubble chart
03:36 Analysis 1: Correlation: What is Correlation?
03:57 Analysis 1: Correlation: Direction of correlation - Positive Correlation or Negative Correlation
04:48 Analysis 1: Correlation: Strength of correlation - Perfect Correlation, Strong Correlation, Weak Correlation
06:42 Analysis 1: Correlation: Shape of correlation - Exponential, Power, Polygonal, Linear
07:25 Analysis 1: Correlation not equal to Causation
07:47 Analysis 2: Exploratory Data Analysis
08:25 Analysis 3: Clusters of data - Finding clusters from data
10:27 Analysis 4: Testing a categorical variable's impact - analysis of a pre-defined category
11:45 Conclusion: 4 types of Analysis using bubble chart
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