Lecturer

In: Business and Management

Submitted By arifmahmood
Words 1424
Pages 6
Combining Chart Types, Adding a Second Axis
Today’s author: Katherine Fifer, an intern on the Excel team. Katherine is just wrapping up a summer of fantastic work, and today she is going to discuss how to create a combo chart in Excel 2007.

Often it is useful to create charts which compare different types of data. For example, you might want to compare share price with trading volume, or revenue with number of units sold, or poverty rate with unemployment and consumer confidence, or any number of other things.

To quickly and clearly display data of different types, it can be helpful to plot some data series either with different chart types, on different axes, or both. Let’s look at an example.

Suppose I work at a manufacturing company and I’d like to analyze the number of units we’ve sold over the last few months and the total dollars sold each month. I’m hoping to identify trouble spots, such as high unit sales but low dollar transaction amounts, which may indicate that the units are being discounted too deeply.

I could make two different charts – one plotting units sold by month, and one plotting transaction dollars by month. However, it will be challenging to analyze the two charts separately. I’d much rather create a chart like the one pictured below.

With the right helpful hints, it turns out that making this kind of chart isn’t too tough. First, I’ll walk through the two major steps (changing series chart types, and adding an axis) and then I’ll describe how to put the finishing touches on this chart.

STEP 1: So that we’re on the same page, I’m starting with the following simple data set:

I could also format this as a table by simply clicking “Format as Table” on the Home tab of the ribbon and choosing any of the styles. By setting up a…...

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