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Please relate the "Storytelling with Data" principles on color, font, and overall visual design to financial model design. Please post thoughts on presentation and communication styles, whether text or graphics are more effective, and for which audiences this might be true.
Note: please consider:
- Which colors might be appropriate/inappropriate to use in corporate finance model building.
- How the principles translate into building models in Excel or Word for financial reporting purposes.
Please read the Visual and Statistical Thinking and explain what Edward Tufte means by these concluding words:
Q2) Visual representations of evidence should be governed by principles of reasoning about quantitative evidence. For information displays, design reasoning must correspond to scientific reasoning. Clear and precise seeing becomes as one with clear and precise thinking."
Q3) Please provide your understanding of 5 rules of data visualization
Your responses must be original and based on your own words.
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