A business analyst needs to build a chart that enables users to analyze the correlation between the following measures for all products:
* Product Sales ($)
* Order Volume
* Margin%
Which visualization should the business analyst use?
A scatter plot is the most appropriate visualization for analyzing the correlation between Product Sales ($), Order Volume, and Margin %. Scatter plots are ideal for showing relationships between two or more continuous variables, which is crucial for identifying trends or correlations among these measures.
Key Concepts:
Scatter Plot: This chart type is specifically designed to display correlations between measures, making it the ideal choice for visualizing relationships between Product Sales, Order Volume, and Margin %.
Multiple Measures: Scatter plots in Qlik Sense can plot two measures on the X and Y axes and can use colors or bubbles to represent additional measures (such as Margin %).
Why the Other Options Are Less Suitable:
A . Multi KPI: A Multi KPI displays multiple metrics but doesn't show correlations between them.
B . Combo chart: A combo chart combines bar and line charts but is not suited for analyzing correlations between multiple continuous measures.
D . Pivot table: While useful for data aggregation, a pivot table does not provide a clear visualization of correlations between measures.
References for Qlik Sense Business Analyst:
Scatter Plot for Correlation Analysis: Scatter plots are recommended in Qlik Sense when exploring relationships between multiple continuous variables.
Thus, the scatter plot is the most effective visualization for analyzing the correlation between Product Sales, Order Volume, and Margin %, making C the correct answer.
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