Excel Data Analysis is a powerful tool that is used to visualize and gain insights of records in a spreadsheet.
Quickly identify variances in record using Conditional formatting. Conditional formatting in Excel enables you to highlight cells with a certain color, depending on the cell’s value. By conditional formatting to your data, you can quickly identify variances in a range of values with a quick glance. Navigation: Home Tab → Styles Group → Conditional Formating Highlight Cells Rules To highlight cells that …
How to insert pivot table / pivot chart in excel? Insert a Pivot Table Drag fields Sort and Filter Change Summary Calculation Two-dimensional Pivot Table Pivot tables are one of Excel’s most powerful features. A pivot table allows you to extract the significance from a large, detailed data set. Our data set consists of 213 records and 6 fields. …
Tables allow you to analyze your data in Excel quickly and easily. Learn how to insert, sort and filter a table, and how to display a total row at the end of a table. Navigation: Insert Tab → Tables Group – Table Insert a Table To insert a table, execute the following steps. 1. Click any single cell inside …
Excel includes a tool called solver that uses techniques from the operations research to find optimal solutions for all kind of decision problems. Load the Solver Add-in To load the solver add-in, execute the following steps. 1. On the File tab, click Options. 2. Under Add-ins, select Solver Add-in and click on the Go button. 3. Check Solver …
This example teaches you how to create a histogram in Excel. 1. First, enter the bin numbers (upper levels) in the range C4:C8. 2. On the Data tab, in the Analysis group, click Data Analysis. Note: can’t find the Data Analysis button? Click here to load the Analysis ToolPak add-in. 3. Select Histogram and click OK. 4. Select the range …
Examples of R Square, Significance F and P-Values, Coefficients and Residuals. Below you can find our data. The big question is: is there a relation between Quantity Sold (Output) and Price and Advertising (Input). In other words: can we predict Quantity Sold if we know Price and Advertising? 1. On the Data tab, in the Analysis …
One Variable and Two Variable Data Table in Excel Instead of creating different scenarios, you can create a data table to quickly try out different values for formulas. You can create a one variable data table or a two variable data table. Assume you own a book store and have 100 books in storage. You sell a certain % …
To test null hypothesis for unequal variance This example teaches you how to perform a t-Test in Excel. The t-Test is used to test the null hypothesis that the means of two populations are equal. Steps in running a t-test in Excel I have Group 1 (female) and Group 2 (male) test scores of a classroom. I need …
Did you know that you can use pivot tables to easily create a frequency distribution in Excel? You can also use the Analysis Toolpak to create a histogram. Remember, our data set consists of 213 records and 6 fields. Order ID, Product, Category, Amount, Date and Country. First, insert a pivot table. Next, drag the following fields to the different …
How to Perform Analyses of Variance in Excel This example teaches you how to perform a single factor ANOVA (analysis of variance) in Excel. A single factor or one-way ANOVA is used to test the null hypothesis that the means of several populations are all equal. Below you can find the salaries of people who have a degree …
Manage Rules enables users click New Rule, Edit Rule and Delete Rule to create, edit and delete rules in Conditional Formatting in Excel. To view all conditional formatting rules in a workbook, use the Conditional Formatting Rules Manager. You can also use this screen to create, edit and delete rules. 1. Select cell A1. 2. On the …
The Analysis ToolPak is an Excel add-in program that provides data analysis tools for financial, statistical and engineering data analysis. You provide the data and parameters for each analysis, and the tool uses the appropriate statistical or engineering macro functions to calculate and display the results in an output table. Some tools generate charts in addition to output tables. …
To conditional sum numeric data in an Excel table, you can use SUMIFS with structured references to for both sum and criteria ranges. Formula =SUMIFS(Table[sum_col],Table[crit_col],criteria) Explanation In the example shown, the formula in I5 is: =SUMIFS(Table1[Total],Table1[Item],H5) Where Table1 is an Excel Table with the data range B105:F89. How this formula works This formula uses structured references to …
To sum a total in multiple tables, you can use the SUM function and structured references to refer to the columns to sum. See example below: Formula =SUM(Table1[column],Table2[column]) Note: the total row must be enabled. If you disable a total row, the formula will return the #REF error. Explanation In the example shown, the formula in I6 is: …
This tutorial shows illustrates a Running total in Excel Table. To create a running total in an Excel Table, you can use the INDEX function set up with a structured reference. Formula =SUM(INDEX([column],1):[@column]) Explanation In the example shown, the formula in F5 is: =SUM(INDEX([Total],1):[@Total]) When copied down the column, this formula will return a running total …
To calculate a conditional percentile, you can use an array formula using the IF function inside the PERCENTILE function. See example below: Formula =PERCENTILE(IF(criteria,values),k) Note: This is an array formula and must be entered with control + shift + enter. Explanation In the example shown, the formula in G5 is: =PERCENTILE(IF(Table[Gender]=G$4,Table[Score]),$F5) Where “Table” is an Excel Table with data …
To get the name of a column in an Excel Table from its numeric index, you can use the INDEX function with a structured reference. See example below: Formula =INDEX(Table[#Headers],index) Explanation In the example shown, the formula in I4 is: =INDEX(Table1[#Headers],H5) When the formula is copied down, it returns an name for each column, based …
To get the index of a column in an Excel Table, you can use the MATCH function. See example below: Formula =MATCH(name,Table[#Headers],0) Explanation In the example shown, the formula in I4 is: =MATCH(H4,Table1[#Headers],0) When the formula is copied down, it returns an index for each column listed in column H. Getting an index like this …
To build a formula with a dynamic reference to an Excel Table name, you can use the INDIRECT function with concatenation as needed. Formula =SUM(INDIRECT(table&”[column]”)) Note: INDIRECT is a volatile function and can cause performance issues in larger, more complex workbooks. Explanation In the example shown, the formula in L5 is: =SUM(INDIRECT(K5&”[Amount]”)) Which returns the SUM of Amounts …
To use COUNTIFS with a variable table column, you can use INDEX and MATCH to find and retrieve the column for COUNTIFS. See example below: Formula =COUNTIFS(INDEX(Table,0,MATCH(name,Table[#Headers],0)),criteria)) Explanation In the example shown, the formula in H5 is: =COUNTIFS(INDEX(Table1,0,MATCH(G5,Table1[#Headers],0)),”x”) How this formula works First, for context, it’s important to note that you can use COUNTIFS with …
To count rows in an Excel table, you can use the ROWS function. See example: Note: with just the table name, ROWS will count data rows only. Formula ROWS(table) Explanation In the example shown, the formula in I4 is: =ROWS(Table1) How this formula works This formula uses structured referencing, a syntax that allows table parts to be …
This tutorial shows how to count columns in an Excel table. To achieve this, you can use the COLUMNS function. See example below: Formula COLUMNS(table) Explanation In the example shown, the formula in I4 is: =COLUMNS(Table1) How this formula works This formula uses structured referencing, a syntax that allows table parts to be referred to by name. When …
This tutorial covers basic inventory formula. To calculate current stock, or inventory, you can use Excel Tables with a formula based on the SUMIF function. Formula =SUMIFS(In[Qty],In[Color],A1)-SUMIFS(Out[Qty],Out[Color],A1) Explanation In the example shown, the formula in K7 is: =SUMIFS(In[Qty],In[Color],J7)-SUMIFS(Out[Qty],Out[Color],J7) Where “In” is the Excel Table on the left, “Out” is the table in the middle. How this formula …
To calculate the average for the last N values n an Excel table (i.e. last 3 rows, last 5 rows, etc.) you can use the AVERAGE function together with the INDEX and ROWS functions. See example below: Formula =AVERAGE(INDEX(table[column],ROWS(table)-(N-1)):INDEX(table[column],ROWS(table))) Explanation In the example shown, the formula in F5 is: =AVERAGE(INDEX(Table1[Sales],ROWS(Table1)-(F4-1)):INDEX(Table1[Sales],ROWS(Table1))) How this formula works This …