How to Make a Scatterplot on Excel. A scatterplot chart graphs two related data values as a single dot by plotting one value on the horizontal X axis and the other value on the vertical Y axis.

The procedure to create a scatter plot in Excel is as follows: Select the data across both the columns (from A3 to B12). Go to Insert > Scatter Plot. Select the appropriate Scatter Plot chart.

As currently constructed, the so-called dot plot of forecasts charts the individual projections of the seven members of the Fed’s Board of Governors and the 12 regional Fed presidents—19 ...