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Showing posts with the label Excel Functions

Excel What-If-Analysis with Data Table: How to create two Variables Data Table: Download Excel File

  1       Introduction: Microsoft Excel, the renowned spreadsheet software, is a global tool that has transformed data analysis and decision-making across industries. With its array of powerful features, Excel enables users to study large data with ease. One such robust feature, "What-If Analysis," combined with the versatile "Data Tables," enables users to explore numerous scenarios, facilitating data-driven decision-making like never before. In this in-depth blog post, we will explore into the details of What-If Analysis, discover its wide-ranging uses, and thoroughly explore the potential of Data Tables, including both one-variable and two-variable Data Tables. Whether you are a financial professional, a business analyst, or simply an Excel enthusiast, this comprehensive guide will equip you with the essential skills to leverage Excel's analytical skill and maximize your productivity. 2       What is What-If Analys...

EXCEL MID,LEFT,FIND & IF FUNCTIONS: EXTRACTING TEXT STRINGS IN EXCEL

  1       Introduction: Microsoft Excel, the ever-reliable companion of data enthusiasts, holds a treasure of functions that can transform dull datasets into insightful analyses. In this blog post, we will make innovative use of excel MID, IF, LEFT, and FIND functions through a appealing example. At the end of the blog, downloadable excel spreadsheet with all data and function is provided. 2       Example Scenario: Categorizing Employees Based on Unique Department Codes Imagine you are an HR manager responsible for managing a team of talented individuals, each distinguished by a unique department code within their names. Your mission is to categorize employees into specific departments based on these codes. However, we introduce an extra twist - we want to identify and extract employees specifically belonging to the Design "DSG" department. Buckle up as we navigate through the magic of Excel to achieve this innovative analys...

Solving Complex Non Linear and Linear Equations by Excel Goal Seek: A step by Step Guide with Examples

  1. Background If you are interested in understanding the fundmentals of Excel Goal Seek feature and learning how to use it, you can access comprehensive information along with practical examples Here Learn how to efficiently solve nonlinear and linear equations using Excel Goal Seek feature. In this comprehensive blog, we'll explore how Excel Goal Seek can simplify the process of finding solutions for complex non-linear mathematical equations, providing you with a convenient and time-saving approach. Nonlinear equations often require numerical methods to find solutions. Fortunately, Excel provides a powerful tool called Goal Seek , which allows us to solve these equations efficiently. In this blog post, we will demonstrate how to use Excel's Goal Seek feature to find solutions for complex non-linear equation. We will start with simple linear equation then simple Quadratic and at last come the real deal of solving complex non-linear equation. Following are the three ...