New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Which of the following data visualization tools would be

    best suited for creating interactive dashboards to track real-time business metrics?
    A Matplotlib Correct Answer Incorrect Answer
    B Excel Correct Answer Incorrect Answer
    C Power BI Correct Answer Incorrect Answer
    D Seaborn Correct Answer Incorrect Answer
    E R Programming’s ggplot2 Correct Answer Incorrect Answer

    Solution

    Power BI is a powerful business intelligence tool that specializes in creating interactive, visually engaging dashboards. It is particularly advantageous for tracking real-time metrics because it can integrate with multiple data sources, including live databases, to update visualizations instantly as new data comes in. This real-time capability is crucial for business users who need up-to-the-minute insights. Additionally, Power BI offers extensive customization and data transformation features, making it an ideal tool for building sophisticated, responsive dashboards. Option A is incorrect as Matplotlib is mainly used for static plots and lacks interactivity. Option B is incorrect because while Excel has charting capabilities, it is not optimized for real-time or interactive dashboards. Option D is incorrect as Seaborn is primarily a statistical visualization library with static output. Option E is incorrect because ggplot2 is a static visualization tool in R and does not support interactive dashboards.

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