Sankey charts are a type of flow diagram that allows users to visualize the flow of data between different components. This type of chart is particularly useful when analyzing the flow of information, such as in the context of data flow, resource allocation, or project management. In this article, we’ll take an interactive journey through the creation and use of a Sankey chart, so that you can understand the benefits and applications of this type of chart.
Overview of Sankey Charts
Sankey charts are created using a directed graph, which is a type of graph in which each node has an incoming and outgoing edge directed from that node to other nodes. The edges represent the data flow, and the nodes are the different components discussed.
Sankey charts generally have two main components: the data flow diagram, which shows the direction and magnitude of the data flow, and the nodes and edges, which represent the different components.
The data flow diagram shows the direction and magnitude of the data flow between different components. A node in the data flow diagram represents a component, and an edge connects two nodes if the data flow between them is positive, and the edge connects two negative nodes if the data flow between them is negative.
Nodes represent the components and edges represent the flows in them. The nodes may represent people, organizations, or processes, while the edges represent the flows between them.
Applications of Sankey Charts
Sankey charts can be used in different settings, such as in data analysis, project management, and resource allocation. In data analysis, sankey charts can be used to visualize the flow of data between different components, which can help identify patterns and relationships between different variables. In project management, sankey charts can be used to visualize the flow of resources between different tasks, which can help identify bottlenecks and optimize resource allocation. In resource allocation, sankey charts can be used to visualize the flow of resources between different components, which can help identify areas for improvement and optimization.
SankeyMaster
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