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All articles in 'Learn Excel' Category

Weighted Average in Excel [Formulas]

Published on Mar 14, 2024 in Learn Excel
Weighted Average in Excel [Formulas]

Learn how to calculate weighted averages in excel using formulas. In this article we will learn what a weighted average is and how to Excel’s SUMPRODUCT formula to calculate weighted average / weighted mean.

What is weighted average?

Wikipedia defines weighted average as, “The weighted mean is similar to an arithmetic mean …, where instead of each of the data points contributing equally to the final average, some data points contribute more than others.”

Calculating weighted averages in excel is not straight forward as there is no built-in formula. But we can use SUMPRODUCT formula to easily calculate them. Read on to find out how.

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How to fix SPILL Error in Excel Tables (3 easy solutions)

Published on Feb 21, 2024 in Excel Howtos, Learn Excel
How to fix SPILL Error in Excel Tables (3 easy solutions)

So you have a SPILL error in your Excel tables? In this quick article, let me show you 3 easy fixes to the problem. Fix 0: See if Excel can auto-fix the formula This is not really a fix. But if you write certain types of formulas in table, Excel will warn you about the […]

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Loan Amortization Schedule in Excel – FREE Template

Published on Feb 20, 2024 in Financial Modeling, Learn Excel
Loan Amortization Schedule in Excel – FREE Template

Do you want to calculate loan amortization schedule in Excel? We can use PMT & SEQUENCE functions to quickly and efficiently generate the full loan amortization table for any number of years.

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How-to create Dependent Drop Downs in Excel [Dynamic & Multiple]

Published on Feb 14, 2024 in Excel Howtos, Learn Excel
How-to create Dependent Drop Downs in Excel [Dynamic & Multiple]

Do you want to create a dynamic dependent drop down list in Excel like below? You can use XLOOKUP and data validation to set this up quickly. It is fully dynamic and works across a full column too.

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VLOOKUP(), MATCH() and INDEX() – explained in plain English

Published on Feb 11, 2024 in Featured, Learn Excel
VLOOKUP(), MATCH() and INDEX() – explained in plain English

VLOOKUP may not make you tall, rich and famous, but learning it can certainly give you wings. It makes you to connect two different tabular lists and saves a ton of time. In my opinion understanding VLOOKUP, INDEX and MATCH worksheet formulas can transform you from normal excel user to a data processing beast. Today, […]

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Beautiful Staff Roster Excel Template [FREE Download]

Published on Feb 6, 2024 in Learn Excel, Templates
Beautiful Staff Roster Excel Template [FREE Download]

Do you want to manage your staff’s allocations, shift schedules and view the results in a 4 week grid fashion (like below)? Then you are going to love my FREE Staff Roster Excel Template. What can you do with this template? Template Compatibility This template is designed to work with modern Excel only. You need […]

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How to calculate time between two dates in Years, Months & Days [Excel Formula]

Published on Jan 29, 2024 in Excel Howtos, Learn Excel
How to calculate time between two dates in Years, Months & Days [Excel Formula]

Let’s say you have two dates in the cells D4 & D5 as above. You want to find out the duration in years, months & days between both. We can use the good-old DATEDIF formula for this.

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35 shortcuts & tricks to make you an #AWESOME Data Analyst

35 shortcuts & tricks to make you an #AWESOME Data Analyst

Analyst’s life is busy. We have to gather data, clean it up, analyze it, dig the stories buried in it, present them, convince our bosses about the truth, gather more evidence, run tests, simulations or scenarios, share more insights, grab a cup of coffee and start all over again with a different problem.

So today let me share with you 35 shortcuts, productivity hacks and tricks to help you be even more awesome.

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FREE Calendar & Planner Excel Template for 2024

Published on Jan 7, 2024 in Learn Excel, Templates
FREE Calendar & Planner Excel Template for 2024

Here is a fabulous New Year gift to you. A free Calendar & Activity planner made entirely in Excel. A fully customizable and flexible calendar for all your planning needs.

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Who went to both USA & UK? [Excel Challenge]

Published on Nov 10, 2023 in Excel Challenges, Learn Excel
Who went to both USA & UK? [Excel Challenge]

How about a fun Excel challenge? I have data in below format in the table named trips I want to know which employees visited both USA & UK? How would you solve this problem? Post your solutions in the comments. Need sample data & my solution? Click here to download the file. Want more challenges […]

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Calculating Critical Path using Excel Formulas [Project Management]

Published on Oct 3, 2023 in Learn Excel, Project Management
Calculating Critical Path using Excel Formulas [Project Management]

Do you know that we can easily calculate the critical path for a project using Excel formulas?

For a long time, it has been tricky to calculate the Critical Path using Excel formulas. But thanks to the arrival of new Dynamic Array functionality in Excel, we can now calculate critical path. In this article let me describe the approach with an example.

Put on your hardhats, this one is going to blow your minds.

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How to make a pivot table when you have data in multiple sheets [Tutorial]

Published on Sep 26, 2023 in Learn Excel, Pivot Tables & Charts, Power Query
How to make a pivot table when you have data in multiple sheets [Tutorial]

Recently I had to create a Pivot report from monthly data. But there is a twist. The data is spread across multiple sheets, one for each month. Let me explain how I built the pivot for that scenario.

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Python is in Excel! – Here is a complete getting started guide for you

Published on Sep 5, 2023 in Learn Excel, Python
Python is in Excel! – Here is a complete getting started guide for you

Python ? is in Excel now! Learn how to use Python in Excel with Sample data, 10 Code Examples and tips with this complete guide.

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Top 10 Accounting KPIs and How to Calculate them in Excel?

Published on Aug 8, 2023 in Financial Modeling, Learn Excel
Top 10 Accounting KPIs and How to Calculate them in Excel?

We can calculate any Finance & Accounting KPI values using Excel easily. In this article, I  am sharing the top 10 accounting KPI calculations. These are… Topics ? Net Profit Margin Net Profit Margin = Net Profit / Sales Positive profit margin indicates business is profitable while negative indicates the business is in loss. ? […]

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Speed up your Excel Formulas [10 Practical Tips]

Published on Apr 14, 2023 in Excel Howtos, Learn Excel
Speed up your Excel Formulas [10 Practical Tips]

Excel formulas acting slow? Today lets talk about optimizing & speeding up Excel formulas. Use these tips & ideas to super-charge your sluggish workbook. Use the best practices & formula guidelines described in this post to optimize your complex worksheet models & make them faster.

1. Use tables to hold the data
2. Use named ranges & named formulas
3. Use Dynamic Array formulas
4. Sort your data
5. Use manual calculation mode

… and more. Read on to learn these top 10 tips & ideas to improve performance of your excel formulas.

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