Sankey chart is a type of diagram that is used to visualize complex data flow, especially in the field of Economics . It is a type of network diagram in which the flow of data in a network is represented by the size of the arrows, which are based on the flow rate of the data.
Creating a Sankey chart involves several steps, and choosing the appropriate chart type and data for it. Below, we are going to discuss the basics of how to create and apply Sankey charts for visualizing complex data flow.
Step 1: Choose the Data to be Charted
Before creating a Sankey chart, the first step is to choose the data to be charted. The data should be organized in such a way that it can be visually represented on the chart. For example, you can create a Sankey chart to show the flow of money from one country to another.
Step 2: Decide the Flow Format
Sankey charts can show both unidirectional and bidirectional flow. Unidirectional flow uses a single arrow for each segment, while bidirectional flow uses two arrows for each segment. It is important to choose the flow format that matches the structure of the data being charted.
Step 3: Choose the Chart Layout
The layout of a Sankey chart is determined by a number of factors, such as the complexity of the data being charted, the type of layout that best represents the data, and the preferences of the creator. A common layout includes four main sections: the left-hand side displays the origin of the flow, the right-hand side displays the destination, a horizontal section displays the flow amount, and a vertical section displays the flow direction.
Step 4: Create the Chart
Once all the necessary data is available, the next step is to create the Sankey chart. To do this, you can use software applications or online tools. You can begin by defining the data categories in the top left corner of the chart. Then, you can create the charts flow through the rest of the chart, by drawing the arrows connecting the categories. It is important to ensure that the flow direction is consistent and that there is no overlap in the flow.
In conclusion, Sankey chart is a useful tool for visualizing complex data flow and can be applied in the field of Economics and other fields where data is essential for understanding complex relationships. By understanding the basics of how to create and apply Sankey charts, you can easily create visual representations of complex data flows and make informed predictions based on the data.
SankeyMaster
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