I have been arguing with another founder about the double-y and how we should not use it.
What are peoples' response to the charts in this post? Do you find them easy to read/helpful/giving good insight into the data?
I have been arguing with another founder about the double-y and how we should not use it.
What are peoples' response to the charts in this post? Do you find them easy to read/helpful/giving good insight into the data?
As with almost all data vis it can be misread but for showing relationships between metrics over time it's the best chart.
However, when talking about price and revenue it is legitimate to render them on the same chart, since revenue is a function of price. Steam in particular has proven to be a wonderful platform to demonstrate this phenomenon, as the elasticity of demand for games software is very high, and discounting even modestly generates far more revenue than you lose through the discount. Steam and the publishers benefit even more due to the low marginal cost of delivery, largely accountable to transmission costs and the marginal wear-and-tear on data servers.
Relationships between quantities with different units are hard to show otherwise, without significant cognitive overhead (a new unit ), or two charts which causes inevitable back and forth examination.
You mention elsewhere that they are commonly misinterpreted or misleading. Care to show some examples? I can't think of any off the top of my head.
These particular charts are poorly done because their isn't enough information about which axis refers to which plot line, but are otherwise clear in intent.
Why are the axis labels not colored the same way the lines are, or the entries in the key not positionally associated with their axis (rather than being in the center). The triangles and circles on the lines on "Steam Sales" offer no utility (except, perhaps, for color-blindness or if it was printed in black-and-white, but then dotted-vs-solid would be a better choice). There are horizontal tic marks, but they are separating the dates, not centered on the datapoint, meaning the data is being presented as a column, which a line graph is not best for (that is, the choice of graph given this data may not be the best one).
And that's just the problem with one graph. There are two graphs on this page, and both have different rendering details. Consistency is important because it means understanding the rendering of one graph translates to the understanding of the other. Why doesn't the second graph have shapes over the data points? Why doesn't the second graph have tic marks along the x-axis? Color is used inconsistently: the unit for the blue line is units sold in the first one and dollars in the second one, and the side the graph the blue line is associated with switches. Despite that the axes that are denominated in dollars are showing different things (totals vs discrete values), there is value in having them both on the same side of the graph (and in the same color)—that the blue one switches sides means the viewer needs to concentrate harder on the key and layout leaving less time for interpreting the data. It would actually be better if four colors between the two graphs were used since there are four different domains of data being shown. They both show the same time range, but the dates are not formatted similarly along the x-axis.
In both cases, the units on the labels are too exact. "60.00%": why is this 4 significant digits, a whole number percentage would do. At this size, the decimal point and percent sign almost get lost with the unneeded zeros. "Steam Sales" has units that are so big with so many zeros you have to think about the order of magnitude; these should be truncated to "$300M" and "65M".
But I can certainly see a use case for $ v. %, etc.
OK - let's see a line chart showing the correlation between average daily lunch cost and annual salary :)