Economists tend to focus on sophisticated econometric methods, but often ignore the quality of the underlying data they're using, along with simpler methods of analysis - such as visualisations. This week I will be including a few posts on data, statistics and alternative quantitative methods.
Let's start with the visualisation of data. Aleks Jakulins at the Statistical Modeling, Causal Inference, and Social Science blog points us to a stunning periodic table of visualisation methods. The table provides 98 methods of visualising information.
Go to the original table here (or click the table below), and hover your mouse over some of the 'elements'. While you may be familiar with mindmaps, fishbone diagrams and even Chernoff faces, I'll bet you find some methods new to you.