Monday, August 17, 2015

Term of the Day: Heatmap

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August 17, 2015
Heatmap

A visual representation of data using colors. A heatmap can be used with all sorts of data, from representing the number of foreclosures to the spreads of credit default swaps.

For example, a heatmap of foreclosures data could show parts of the U.S. experiencing high rates of foreclosure in a dark color and states with low foreclosure rates in lighter colors. A color-gradient legend typically accompanies a heatmap to specify the data.

Breaking It Down:

Heatmaps became especially popular during the recession that began in 2008. Many people used heatmaps to quickly see the...

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