XY Plot (also called the Scatter chart) is a question type typically used for
- risk assessment
- impact analysis
- or anywhere you need to see the relationship between two data points.
Most common axes used in these questions are impact vs likelihood. Viewing such data on a chart can help management to prioritize the potential risks within an organization.
For this example we are looking at certain risk elements and determining the impact it would have vs the likelihood/probability of these risks happening.