Wednesday, August 29, 2012

Visualization Methods

Data visualization is an important part of any statistical analysis, including econometric modelling. This is a point I've made before, I know (here, for example). However, it's worth repeating the message from time to time. The Visual-Literacy website has a fun item that summarizes some of the different ways of conveying information in a visual manner: Periodic Table of Visualization Methods.

To be sure, not all of them are relevant to econometricians, but I thought it was kinda fun!

(H-T to John Cook and his @StatFact)

© 2012, David E. Giles