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Charts are graphic representations of data.  A chart can communicate information more effectively than a table of numbers.  Charts are created based on data contained in a worksheet.  It can be saved as an object embedded within a worksheet or placed on a separate sheet in a workbook.  There is a link between the data from which a chart is created and the chart itself.  Therefore, if any of the source data is changed, the change will be reflected immediately on the chart.

Related Documentation: Excel-Charts.pdf