Question
Which visualization library in R is most effective for
creating interactive, web-based data visualizations?Solution
Plotly is the most effective R library for creating interactive, web-based data visualizations. It allows for a range of interactive elements such as zooming, panning, and hovering over data points. Plotly integrates well with both R and Python, making it versatile for use in cross-language data analysis workflows. Its capabilities extend to creating web-based dashboards, where visualizations can be embedded directly into websites. The library supports a wide variety of chart types and enables advanced features like animations, sliders, and dynamic data filtering. This makes Plotly particularly useful for data analysts and researchers who need to create engaging, interactive visualizations for presentations and reports. Why Other Options Are Incorrect: A) ggplot2: While ggplot2 is excellent for static visualizations, it is not designed to create interactive, web-based charts as effectively as Plotly. B) lattice: Lattice is an older visualization system in R, primarily used for trellis and small-multiples plots, but it is not known for interactive capabilities. D) highcharter: This is a wrapper around the Highcharts JavaScript library and is more geared towards creating high-performance, interactive charts in HTML5, which might not be as integrated with R’s data manipulation as Plotly. E) ggvis: ggvis focuses on visualization through interactive graphics, but it is less mature and less feature-rich compared to Plotly for web-based applications.
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
Finance Commission of India was formed to define the financial relation between the ------ and ------
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