MSP Bank, Limited is a leading Japanese monetary institution that provides a full range of financial products and services to both institutional and individual customers.
It is headquartered in Tokyo.MSP Bank is hosting their existing infrastructure on AWS.
MSP bank has many segments internally and they are planning to launch a self-data discovery platform running out of AWS on QuickSight. Using QuickSight, multiple datasets are created and multiple analyses are generated respectively.
The Team is working on visuals. The team is planning to use a Chart to visualize a comparison between a key value and its target value Please advice.
Select 1 option.
Click on the arrows to vote for the correct answer
A. B. C. D.Answer: D.
Option A is incorrect- bar chart visual type is used to create a single-measure, multi-measure, or clustered bar chart.
A single-measure bar chart shows one measure for one dimension, for example average delay time by flight number.
A multi-measure bar chart shows two or more measures for one dimension, for example sales total and profit total by automobile mode.
A clustered bar chart shows values for a dimension grouped by a related dimension, for example sales totals by automobile model, grouped by car maker.
https://docs.aws.amazon.com/quicksight/latest/user/bar-charts.htmlOption B is incorrect-On the clustered bar combo chart, bars display for each child dimension, grouped by the parent dimension.
On the stacked bar combo chart, one bar displays per parent dimension.
https://docs.aws.amazon.com/quicksight/latest/user/combo-charts.htmlOption C is incorrect-
heat maps to show a measure for the intersection of two dimensions, with color-coding to easily differentiate where values fall in the range.
https://docs.aws.amazon.com/quicksight/latest/user/heat-map.htmlOption D is correct- Use a KPI to visualize a comparison between a key value and its target value.
A KPI displays a value comparison, the two values being compared, and a progress bar.
For example, the following KPI shows how closely revenue is meeting its forecast.
https://docs.aws.amazon.com/quicksight/latest/user/kpi.htmlThe best chart to visualize a comparison between a key value and its target value would be option D, KPI's.
KPI stands for Key Performance Indicators and is a type of visual that presents a single, key metric in the context of its target value. KPIs are often used in business dashboards to quickly convey how well a particular metric is performing against a pre-defined target.
In the case of MSP Bank's self-data discovery platform, the team can use KPIs to track important metrics such as revenue, customer satisfaction, or any other metric relevant to their business. KPIs are typically displayed as a single number or percentage, often accompanied by a visual indicator (such as an arrow) that shows whether the metric is above or below its target value.
Bar charts (option A) are useful for comparing multiple values across categories, while combo charts (option B) combine multiple types of charts (such as a bar chart and a line chart) to show multiple data points on a single visual. Heat maps (option C) are used to show the distribution of data across different categories or dimensions.
Overall, KPIs are the best option for visualizing a comparison between a key value and its target value because they are designed to highlight a single, important metric in the context of its goal.