👉 Chart math is a statistical method used to analyze and interpret data presented visually on charts, focusing on the relationships between variables. It involves calculating summary statistics like means, medians, and standard deviations for different groups or categories depicted in the chart, such as bars, lines, or scatter plots. This helps identify trends, patterns, and differences between groups, enabling deeper insights into the data. For instance, when comparing the average sales figures across different regions over time, chart math would calculate the mean sales for each region and plot them on a line graph, allowing analysts to visually assess growth rates, seasonal variations, and outliers. By applying these mathematical techniques, chart math transforms raw data into actionable insights, making complex information more accessible and understandable.
