What are some examples of waterfall charts?
An example of an AI chatbot conversation about waterfall chart examples.
What are some examples of waterfall charts?
Waterfall charts are great for visualizing how an initial value is affected by a series of positive and negative values. For example, a waterfall chart can show how a company's revenue changes over a quarter, starting from the initial revenue, adding new sales, and subtracting returns.
Can you give me a specific example?
Sure! Imagine a company starts with $100,000 in revenue. In the first month, they gain $30,000 in new sales but lose $10,000 in returns. The waterfall chart would show the initial $100,000, then a rise to $130,000, followed by a drop to $120,000.
What software can I use to create waterfall charts?
You can use software like Microsoft Excel, Google Sheets, Tableau, or specialized tools like Lucidchart to create waterfall charts easily.
Are there any online resources for learning more about waterfall charts?
Yes, there are many online resources! Websites like Coursera, Udemy, and even YouTube have tutorials on creating and interpreting waterfall charts.
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