Excel Pivot Tables Tutorial : What is a Pivot Table and How to Make one
Excel pivot tables are very useful and powerful feature of MS Excel. They are used to summarize, analyze, explore and present your data. In plain English, it means, you can take the sales data with columns like salesman, region and product-wise revenues and use pivot tables to quickly find out how products are performing in each region.
In this tutorial, we will learn what is a pivot table and how to make a pivot table using excel.
Using IRR with Data Tables – Modeling Cash-flow Scenarios in Excel
Do you want to simulate multiple cash-flow scenarios and calculate the rate of return? Then this article is for you. In this page, learn how to,
- Introduction to IRR & XIRR functions
- Calculate rate of return from a set of cash-flows with XIRR
- Simulating purchase or terminal value changes with data tables
- Apply conditional formatting to visualize the outputs
- Common issues and challenges faced when using XIRR
How to predict cricket scores [Excel + Machine Learning]
Can we predict cricket match score in Excel? Using machine learning, ensemble modeling, multiple regression and Excel formulas we can. This tutorial explains how.
Excel Tables Tutorial & 13 Tips for making you a Data Guru
Excel table is a series of rows and columns with related data that is managed independently. Excel tables, (known as lists in excel 2003) is a very powerful and supercool feature that you must learn if your work involves handling tables of data.
What is an excel table?
Table is your way of telling excel, “look, all this data from A1 to E25 is related. The row 1 has table headers. Right now we just have 24 rows of data. But I can add more later!”
Figuring out Employee Churn with Power Query [HR Analytics]
Let’s say you are the people manager at ACME Inc. You are looking staff list for the months – January and February 2017. You see that we had 4,000 employees in Jan and 4,200 employees in Feb. So what is the churn?
- Is it just 200?
- Or is it the sum of people who left and who joined?
- What if you want to find out how many people moved to new designations / departments or groups?
You see, churn is tricky to figure out.
So why not invite the pros? ie Power Query.
Sara’s Copy Shop – Break even analysis and what-if modeling in Excel [Videos]
Last week, I asked you to share an analysis problem that you couldn’t solve in Excel. We got quite a few very interesting problems in comments and email. In this post, let me explain how to solve Sara’s copy shop problem using Excel.
What is Sara’s copy shop problem?
Thanks to Caroline who posted this problem.
Sara wants to open a copy shop. Each copier costs $5,000 per year to lease. The rent & other fixed costs per month are $300. There is a $0.02 variable cost per copy. Each copier can print up to 100,000 copies per year. She plans to charge $0.11 per copy from her customers. Sara estimates that the demand can be any of the 4 values – 500, 1000, 1500 or 2000 copies per day.
- Build a model to estimate profit per given number of copiers & demand values
- Find the mix of copiers & demand values that can make maximum profit for Sara (copiers – 1 to 6, demand – 500 to 2000)
Tell me about an analysis problem that you couldn’t solve with Excel?
Time for a quick show & tell.
Tell me about an analysis problem that you couldn’t solve with Excel?
It can be because you didn’t know how to solve the problem or Excel isn’t the tool for it or any other reason.
Go ahead and speak up. Post your tricky analysis problems in the comments section.