Conventional charts are mostly used for displaying rather “static” data from excel sheets – i.e. if you have a table where you have manually entered data and you want to make a chart, go for the conventional excel chart.
One of the best ways to find how your data is behaving is to plot a histogram. Creating histogram is amongst the firs step we take to analyze the data as it outlines how the data is distributed, details about the skew-ness and kurtosis (described later in this section).
Let’s assume you are a math’s teacher interested in finding the average of the math’s score of last five students – he is interested in finding why they are performing poor. How will he proceed?
We have studied and used SUMIFS() and SUMPRODUCTS() function with their appropriates use. Just to recall, SUMIFS() work great when our data is in the shape of list or is in column.
If you are running a business and wants to see how much do you sale and what is the breakup and effect of each product on your profits, this post is for you!
We frequently encounter data while working with lists. It is a common problem caused by human error as well as duplication of data due to common practices – copy and paste procedure for consolidation of data.
Excel is one of the mostly used Microsoft office tools. it is used for storing financial data, employee and student records, calculation, graphs, pivot tables and many more.
What the companies are expecting from the employee these days is that they should know everything about Excel ribbons, capability to enter and format data, the complete use of formulas to calculate total and stuff, highlighting the main data, developing reports and charts, formatting data and knowing the details about shortcuts and tricks to enhance the productivity.
Our paper is designed to accommodate two-dimensional charts, or at best 3 dimensional charts. But those charts are produced at the expense of understandability and appearance of them. What if you want to produce so many to them to accommodate cross-tabbed data?
A spreadsheet is a sheet consisting of rows and columns which intersect with each other to form cell. Data are entered in each cell for calculation, storage or manipulation. Excel is collection of electronic spreadsheets
When we are developing a model or trying to test some formula, we need data and when we don’t have one, we have to create it to suit our needs. This is frequently called dummy data.
The TRIM formula introduced by Microsoft Excel allows us to remove all the unwanted spaces that are present within a text, other than any singular spaces in between different words.
Left formula? What does it returns? Well, it gives back the first character in a string. The amount of characters is given as an input and result is extracted on basis of that.
In business, several tools are used to analyze data. One of such tools is the histogram. The histogram is a chart, which has chart columns that signify how frequent a variable is present.
Excel does not only have the ability to handle small data but also very big data as well. Big data can be described as data that has a high variety, high velocity or high volume. High variety entails huge shape of data which changes quickly over a period of time.
The Sparkline in Excel is a tiny chart, which can be included within the background a cell. This is used to provide visual representation of data, showing the variations, minimum/ maximum values and data trends.
If you are wondering what exactly is a dashboard, then in simple words a dashboard is basically a report of data that allows the manager or a business analyst to gain an overview of what the business is doing and assist them in making the right decisions.
Sometimes when you are creating worksheets with data inputs, you may want to restrict the data input format (i.e. numbers, decimals, date, text etc.) and their range.
When you have a large data set with text strings, you may need to find or count data based on their text content. You may know to do this with numerical values, but also know that this can be done to ant cells that contain text strings.
Vlookup can be considered as one of the most beneficial functions offered in Microsoft Excel, which has become much useful in data analysis and data processing work.
Drop-down list is the ideal option for selecting an item from a list. So that the user does not have to type it and can select from the available list. It also then allows not entering invalid data.