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STAT 663 Graph Redesign. Default Rate By Industry By Ying Hu. Original Graph. Major Crimes. Use volume to represent the rate. Hard to get a clear reading. Hard to compare different industries for the same year. Underlying Data. Thinking Process. About Intermediate Graph.
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STAT 663 Graph Redesign Default Rate By Industry By Ying Hu
Major Crimes • Use volume to represent the rate. • Hard to get a clear reading. • Hard to compare different industries for the same year
About Intermediate Graph • easy to read the default rate for each year for each industry. • Smaller groups make it easy to compare between industries. • The grouping shows some kind of pattern: • The lower right shows industries with a low default rate across all years, such as Banking and Utility. (Note, the data is up to 2008, before all the financial crisis began). • Lower left shows industries with a flat rate in general but a couple of big spikes. • Top two panels have industries that show seasonality and go up and down in cycles. • Problem: difficult to compare across the panels.
Final Product • Clean looking • No overcrowding • Easy to read for each industry, each year • Easy to compare across industries