Wednesday, August 6, 2014

La Liga vs Premier League 2012: Pareto Analysis

In my last post, I used a dynamic pie chart to visualize the revenue share between top N teams and the rest of the league. It gives a pretty strong visual cue about the share size for a given N. We can set any N (between 1-19) to see different shares.

Yet, there is another powerful way to present the revenue share between top N teams and the rest for all the N's at once. It's the Pareto Chart. Note that it allows us to compare the two leagues on the relative revenue share solely based on team positions, regardless of the actual revenue.

What Pareto chart shows is the cumulative revenue share of the top N teams. To make it simple, we hid the position axis and instead put positions on the chart.

From the chart at 50% and 80% reference lines, we see that,

La Liga: The top 2 teams almost grabbed half of the revenue.
Premier League: It took top 9 teams to achieve the same.

La Liga: The top 10 teams took 80% of the revenue.
Premier League: The top 15 teams took 80%.

So, Premier League's revenue is more evenly distributed among the teams. That's probably the reason for which PL is more competitive and more exciting to watch.

The following is the 6 steps it takes to create the chart.

1.Create a calculated field "Position" for team position in the league.

2.Drag [Team] into the Detail shelf in Marks card. Then drag [Position] to column shelf and make it discrete. Use advanced table calculation to sort it by revenue and by team.



3.Drag [Revenue] to row shelf. Use advanced table calculation to get running total along team and by descending order of team revenue. Also, use the secondary calculation to get the percentage of total. The Advanced setting is exactly the same as in step 2.


4.Drag [League] to the Color shelf to split the graph into 2 lines for La Liga and Premier League.


5.Hold ctrl key and drag [Position] into the Label shelf. The positions will appear on the line charts. Right-click the horizontal axis and hide it, since we don't need it any more.

6.Right-click the vertical axis to add two reference lines at 50% and 80%.


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