What is Doughnut Chart? : A Brief Guide to Understand

It’s as crucial to understanding the data as it is to perform the analysis itself in the field of data analytics. As an analyst, you are responsible for convincing your superiors and the general public that the data points in a particular direction, even if various people may interpret the data in different ways once it has been analyzed.

When explaining data, it’s never a good idea to show a bunch of spreadsheets or paragraphs of text. If you want to do a better job of explaining your data, you need some kind of visual aid. This demonstrates why it’s crucial to use visuals while interpreting data.

In this article, we will learn about the doughnut chart and try to have a complete understanding of it. Let’s start with a short introduction.

Doughnut Chart
As a method for data visualization, the doughnut chart is currently the most popular option. Your data are depicted as a component of the whole in a doughnut chart. The main shape is circular, with a sizable depression smack in the middle. In most cases, the doughnut chart is used to segment a particular field according to the proportion of coverage it received. It is also possible to use it for numbers rather than percentages; however, the viewer will need to be made aware of the total of all the portions of the doughnut chart.

Advantages of a Doughnut Chart
The ease with which one can both construct and interpret a doughnut chart is perhaps the greatest benefit of using one.

One of the most fundamental ways that data can be represented is through the use of a doughnut chart. There are not many tools that are superior to a doughnut chart in situations when you need to explain the predominance of a particular field in your analysis or the share of competitors in a market. For example, In most cases, the data analysis software that you use will also provide you the option to rearrange the values of the metrics displayed in the doughnut chart in order to better illustrate your argument.
In addition, a doughnut chart gives you several possibilities to connect the design of your chart with the design of the rest of your presentation. Doughnut charts are commonly used in marketing and sales presentations. You can make it in a variety of colors, or you can make it in a variety of shades of the same color.
You are very likely to come across doughnut charts, which are among the styles of graphical representation that are the easiest on the eyes of the reader. When displayed on a page alongside the text, they do not take up a significant amount of additional space. They are also pictorial representations that require the least amount of explanation. They do not require any additional explanatory text to be written. At other times, the percentage share of the predominant measure is all that is required to adequately explain them.
Disadvantages of a Doughnut Chart
Recent years have seen a proliferation of representational formats that use a three-dimensional (3D) image to convey information.

When performing an analysis of a doughnut chart in three dimensions, one encounters a number of challenges, though.
In addition, the chart is a wonderful tool to utilize if the number of metrics utilized in your area of expertise is quite small, possibly numbering in the single digits. However, your doughnut chart becomes more difficult to interpret as the number of sectors increases.
Additionally, there is not much room for an explanation, should one be necessary, and additional methods of data analysis must be utilized to identify outliers.
Doughnut Chart and Pie Chart: The Difference
The huge hole in the middle of a doughnut chart is the most noticeable distinction between it and a pie chart. If you want to draw attention to a specific piece of information—say, the total of all the doughnut chart’s sectors—you may do so by placing that information in this hole. Doughnut charts can thus display slightly more information than pie charts. The two concentric doughnuts can represent two separate data series, making the doughnut chart a very versatile data visualization tool. In the case of a pie chart, this cannot be done.

Conclusion
An alternative way of looking at a doughnut chart is to think of it as a more advanced variant of a pie chart. When presenting market share, product categories, product sub-categories, etc., this kind of chart can be really helpful. This article briefly discusses the doughnut chart, its advantages and disadvantages, and the difference between a doughnut chart and a pie chart.

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Distance MBA – The Future of Distance Learning

As the number of people using the internet grows, the importance of online education grows in leaps and bounds. Distance MBA is set to revolutionize the existing educational model. Distance MBA (Correspondence) has benefited from technological improvements and has gone online to cover a variety of methodologies and practices that may be accessed from any smart device.

The online MBA is designed for people who have limited time and resources. It is suitable for working professionals, recent graduates, and anybody interested in pursuing an MBA degree. All that is required is a bachelor’s degree and an agreement with the course requirement.

MBA is a high-quality, hassle-free management degree. Working executives will benefit from Distance MBA courses. The Distance MBA, on the other hand, demands effort and commitment. Regular lessons’ inadequacies can cause distraction.

Why is Distance MBA is so popular?
Distance MBA is revered for many reasons. It is more flexible than the traditional form of an education system. It provides an opportunity to study subjects that are not available locally. It is more cost-effective than regular classroom programs. Makes it perfect for working professionals who want to boost their resume with innovative skills. One can learn and relearn at their own pace and space. All these features collectively make correspondence MBA the favorite amongst all other options. tier 1 universities have started providing plenty of programs via correspondence mode.

Rise of Distance MBA:
The market volume of Distance MBA has increased by leaps and bounds, as technology is improving and becoming the pioneer of growth. The scope of MBA correspondence is growing immensely as many people are coming in contact with technology. Also, the outbreak of COVID-19 too forced people to continue their education from a distance mode.

The combination of technology and education is opening up various opportunities for people. The growth is not only in the number of students but also in the number of universities granting distance learning programs.

Distance MBA cannot substitute traditional teaching completely, but it is a worthy alternative to education for those who cannot opt for a regular course.

Conclusion:
The future of Distance MBA is eminent in this era of globalization. The penetration of the internet is more than ever, so getting an education at the click of a button at your own suitable time and learning space is incredible. As long as there is a demand for learning and topping up of skills Distance MBA has a dazzling future along with potential growth.

On SimpliDistance you can find all the courses offered by all the colleges/universities and also the fee structure of every course.

Top Distance MBA Colleges in India 2023

A distance MBA program is frequently regarded as a flexible and cost-effective option that does not require you to attend classes on a regular basis. If completed from an approved institution, a distance MBA course is officially recognized by the UGC-DEB/AICTE. Few universities and institutes in India are authorized to provide MBA courses via distance learning. Distance MBA courses are a better option for aspirants who are unable to pursue MBA courses due to career/professional commitments or a lack of time. Top distance MBA colleges in India provide offline study material so that candidates can refer to syllabus-related topics. Today, distance MBA programs in India are gaining traction. One of the major advantages of a distance MBA is its affordable fee structure in comparison to the Executive MBA. Over the years, considering the growing demand for distance MBA courses, top institutes in India have started to offer UGC/ AICTE-approved distance MBA courses with an aim to help the classes get their MBA certificate without going through the rigor of the classroom and college campus. A working professional or even a recent graduate will typically choose a distance MBA to gain exposure to industry relevance. In today’s world, an MBA is a required qualification for advancement in a variety of fields.A working professional or even a recent graduate will typically choose a distance MBA to gain exposure to industry relevance. In today’s world, an MBA is a required qualification for advancement in a variety of fields.

Find the Top Distance MBA Colleges in India.

Types of Distance MBA Courses
Various universities and institutes offer the following types of distance courses in the field of management.

PGDM/ MBA (two-year duration course)
One-year PGD in Business Administration (PGDBA)
Three-month or six-month duration certificate courses
What Are The Types of Distance MBA Colleges?
The Ministry of HRD under the guidance of the Government of India has identified six kinds of institutions to offer Distance Education & Distance MBA in India. They are:

Distance MBA provided by the State Open Universities,
Distance MBA provided by the National Open University(IGNOU),
Distance Education Institutions (DEls) at Institutions of National Importance, such as:
i. Central Universities,

ii. State Universities,

iii. Deemed to be Universities, and

iv. State Private Universities.

4. Distance MBA offered by DEls at stand-alone Institutions

i. Professional Associations,

il. Government Institutions, and

ii. Private institutions.

To learn more about Distance MBA Programs visit SimpliDistance.