What is the significance of the kuler color wheel in graphic design and how can it be effectively utilized to create visually appealing color schemes?

The kuler color wheel is important in graphic design as it helps designers choose harmonious color schemes. By using the color wheel, designers can select colors that complement each other, creating visually appealing designs. They can utilize the color wheel to create monochromatic, complementary, analogous, or triadic color schemes, which can enhance the overall look and feel of their designs.