All articles with 'Analytics' Tag
Do you ever think about questions like this?
1) What is the maximum profit we can make?
2) What is the best way to schedule employees in shifts?
3) What the best combination of tasks we can finish in a given time?
You might have heard about Excel Solver tool while trying to find solutions to questions above. If you have never used Solver or have little idea about it, then this post and video are for you.Continue »
Removing duplicate data is like morning coffee for us, data analysts. Our day must start with it. It is no wonder that I have written extensively about it (here: 1, 2, 3, 4, 5, 6, 7, 8). But today I want to show you a technique I have been using to dynamically extract and sort […]Continue »
Some of you know that I run an online excel training program called Excel School. If you want to join, click here. Only 8 days left.
I run excel school mainly to meet new students, understand their problems and learn new ways to solve them. But, Excel School also presents me with an interesting analytics challenges. In this post, I will share 2 pivot table based analytic techniques I used just yesterday to answer few questions I had about Excel School sign-ups.
Watch this 15 min. video to see how I analyzed the dataContinue »
If anybody asks me what is the best function in excel I am drawn between Sumproduct and Data Tables, Both make handling large amounts of data a breeze, the only thing missing is the Spandex Pants and Red Cape!
How often have you thought of or been asked “I’d like to know what our profit would be for a number of values of an input variable” or “Can I have a graph of Profit vs Cost”
This post is going to detail the use of the Data Table function within Excel, which can help you answer that question and then so so much more.Continue »
Do you know you can group dates in pivot tables to show the report by week, month or quarter? I have learned this trick while doing analysis on a pivot table today. In this online lesson on pivot tables, I will teach you how to group dates in pivot tables to analyze the data by month, week, quarter or hour of day.Continue »
Here is a challenge many people face. How to make a chart visualizing sales data with several dimensions like product, brand, region, sales person name, year (or month or quarter) and one or two values like sales, # of units sold, profits, # of new customers.
In visualization challenge #2, all you have to do is a make a chart or dashboard to visualize this sales data effectively.Continue »
Anyone working on the data using excel will know the importance of lookup formulas. They are vital for making almost any spreadsheet or dashboard. That is why when my friend John Franco, who maintains Excel-Spreadsheet-Authors.com, wrote to me about his new book Excel lookup toolbox I was truly excited. In this post I am going to share my review of this product.Continue »
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!”Continue »
Excel pivot tables are very useful and powerful feature of MS Excel. They can be 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.Continue »
Here is a quick formula trick you can use to generate sequence numbers that only increment when there is a change. Assuming the sequence of values are in column C from C3, you can write the following formula in B4 onwards (B3 will be 1, wake up…) =IF(C4=C3,B3,B3+1) Now just copy paste the formula over […]Continue »
Here is a fun, simple and different alternative to traditional dashboards. Introducing….
Use Excel Pivot tables to find and extract unique items in your data. This method is very fast and easily scalable.Continue »
Microsoft excel bubble chart based Visualization to understand how various travel sites compete search termsContinue »
Check out user journeys and other cool visualizations in this weeks edition.Continue »
Often when you use excel to track a particular item (like expenses, exercise schedules, investments) you usually enter the current date (and time). This is nothing but timestamping. Once the item is time stamped, it is much more easier to analyze it. Here is an excel formula trick to generate timestamps.Continue »