Scatterplots can be used to answer some of the very challenging questions that business leaders always looking for answers. For example, understanding why business is going well, which specific part of the business is working well, and which are not, any correlation between shipping channel and project management, which part of the business is acting in an abnormal.
A scatterplot is a chart used frequently for data visualization that helps you to explore and understand your data. It is a great tool for exploring relationships between variables.
It can be used in many different ways, such as:
To find correlations between two variables
To find clusters of points
To find outliers
To identify trends in the data