Comparing Current and Forecasted Sales Data using AWS Quicksight
Question
A company's sales team is planning on using AWS Quicksight for their Visualization needs.
They need a way to compare the values of current sales data against the forecasted sales data.
Which of the following can be used in Quicksight for this purpose?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.Answer - A.
An example of this is given in the AWS Documentation.
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Using KPIs.
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.
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Option B is incorrect since this is normally used to compare values for items in a dimension.
Option C is incorrect since this is normally used to measure values for the intersection of two dimensions.
Option D is incorrect since this is normally used to measure for the intersection of two dimensions, with color-coding to easily differentiate where values fall in the range.
For more information on using KPI's in Quicksight, please refer to the below URL.
https://docs.aws.amazon.com/quicksight/latest/user/kpi.htmlThe correct answer is A) Using KPI's.
Key Performance Indicators (KPIs) are used to compare the actual sales data with the forecasted sales data in Quicksight. KPIs provide a simple, easy-to-understand way to measure progress towards a specific goal or objective. They can be used to track a wide range of metrics, including sales revenue, customer retention rates, and more.
Pie charts are used to display the proportion of different categories within a dataset, making them less suitable for comparing actual versus forecasted sales data. Pivot tables are used for summarizing and analyzing data, but they are not specifically designed for comparing actual versus forecasted sales data. Heat maps are used for visualizing data density, making them less suitable for comparing actual versus forecasted sales data.
In Quicksight, KPIs can be used to create a dashboard that displays the actual sales data and the forecasted sales data side-by-side. This allows the sales team to easily compare the two sets of data and identify any areas where actual sales are falling short of the forecast. KPIs can be customized to show different metrics and can be updated in real-time as new sales data becomes available.
Overall, KPIs are the best option for comparing actual sales data against forecasted sales data in Quicksight.
