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Data Tables & Monte Carlo Simulations in Excel – A Comprehensive Guide
Published on May 6, 2010 in All Time Hits, Analytics, Charts and Graphs, Excel Howtos, Featured, Huis, Learn Excel, Posts by Hui, simulation
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.
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