All You Need to Know About

# Charts in Excel 2016

Excel 2016 introduced a lot of new exciting charts. Treemap, Waterfall, Pareto, Sunburst Charts just to name a few. Learn all about Charts with Excel 2016 here!

Here are the top things on what you can do with Charts in Excel 2016:

## Create a Box and Whisker Chart With Excel 2016

Box and Whisker Charts are one of the many new Charts available only in Excel 2016 and were originally invented by John Tukey in 1977.
They show you the distributionÂ of a data set, showing the median, quartiles, range and outliers.
The XÂ in the box represents the Mean.
The Median divides the box into the interquartile range.
TheÂ boxÂ represents 50% of the data set, distributed betweenÂ the 1stÂ and 3rdÂ quartiles.
For example,Â 25% of the data lie between the values ofÂ the 2nd Quartile box and the other 25%Â  lie between the values ofÂ the 3rdÂ Quartile box.
The lines extending vertically outside of the box (whiskers) show the outlier range outside ofÂ the upper and lower quartiles. Â So this is the lowest and highest data points within the data set.
Below is a Box and Whisker diagram explaining this:

Here is how the Box and Whisker chart looks inside Excel 2016:

In this example I show you how easy it is to insert a Box and WhiskerÂ Chart using Excel 2016.

STEP 1: Highlight your tableÂ and go to Insert > Recommended Charts

STEP 2: Select All Charts > Box and WhiskerÂ > OK

STEP 3:Â Now you have yourÂ Box and WhiskerÂ Chart.

STEP 4:Â You can further customize the look and feel of your Box and WhiskerÂ Chart, by going toÂ Chart Tools >Â Design / Format

STEP 5:Â In our example, let us go to Chart Tools >Â DesignÂ and pick one of the alternate designs.

Now you have your beautiful looking Box and WhiskerÂ chart and you can quickly point out to your managementÂ where the outliers lie…

## Create a Sunburst Chart With Excel 2016

SunburstÂ Charts are one of the many new Charts available only in Excel 2016.
They areÂ very visual as it can easily show you hierarchical data, like having a table with different levels of categorization:

Each hierarchy is drawn byÂ one ringÂ in the sunburst chart. The innermost ringÂ represents the top hierarchy, while the outermost ringÂ represents the last hierarchy.
In this example I show you how easy it is to insert a SunburstÂ Chart using Excel 2016.

STEP 1: Highlight your tableÂ and go to Insert > Recommended Charts

STEP 2: Select All Charts > SunburstÂ > OK

STEP 3:Â Now you have yourÂ SunburstÂ Chart.

STEP 4:Â You can further customize the look and feel of your SunburstÂ Chart, by going toÂ Chart Tools >Â Design / Format

STEP 5:Â In our example, let us go to Chart Tools >Â DesignÂ and pick one of the alternate designs.

Now you have your beautiful looking SunburstÂ chart and you can quickly point out to your managementÂ where the biggest slice of the pie would be on…

## Create a Waterfall Chart With Excel 2016

Waterfall Charts are one of the many new Charts available only in Excel 2016.
They are very popular in the current corporate environment as they graphically show the positive and negative movements within your Monthly Net Profit or Cash Flow.
When I was working at General Electric, I had to create these charts on a monthly basis using formulas….ouch!
Waterfall ChartsÂ are very useful in that theyÂ show how the initial value e.g. January Income, is affected by a series of positive and negative expenses.
In this example I show you how easy it is to insert a Waterfall Chart using Excel 2016.

STEP 1: Enter the values in your workbook with the Starting Total e.g. January Income.
Then add the positive and negative values, like direct & indirect expenses.
Finally enter the Ending Total e.g. February Income, which will Sum all of the above values.

STEP 2: Highlight all the data and go to Insert > Recommended Charts

STEP 3: Select All Charts > Waterfall > OK

STEP 4: Double Click on the Starting Totals column (e.g. January Income) and this will bring up the Format Data Point dialogue box.
“Check”Â the Set as Total box

NB: This willÂ set this column’s value so itÂ starts on the horizontal axis at zero and will notÂ “float”
STEP 5: Now select the EndingÂ Total with your mouse and once again,Â “Check”Â the Set as Total box

Now you have your beautiful looking Waterfall chart and you can quickly point out to your managementÂ where the variances have occurred…

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