Hockey stick chart,
Definition of Hockey stick chart:
A hockey stick chart is a line chart in which a sharp increase occurs suddenly after a short period of quiescence. The line connecting the data points resembles a hockey stick. Hockey stick charts have been used in the world of business and as a visual to show dramatic shifts, such as global temperatures and poverty statistics.
A hockey stick is comprised of a blade, a small curve, and a long shaft. A hockey stick chart displays data low-level activity (y-axis) over a short period of time (x-axis), then a sudden bend indicative of an inflection point, and finally a long and straight rise at a steep angle.
A description of the graphical shape of a line chart, which represents a hockey stick. The line is characterized by a sharp rise or fall in the data points after (or preceding) a longer flat period. Such graphs are usually used to illustrate that a drastic action may be needed, to either understand or combat the effects that created this dramatic shift.
How to use Hockey stick chart in a sentence?
- It is generally observed in scientific research measuring medical results or environmental studies. In cases of business sales, a hockey stick chart is represented by a sudden and dramatic increase in sales.
- A hockey stick chart is a chart characterized by a sharp increase after a relatively flat and quiet period.
- It is important to analyze whether the sudden increase is a permanent state of affairs or an aberration.
Meaning of Hockey stick chart & Hockey stick chart Definition