Saturday, June 19, 2021

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Analytical Methods

A Lesson in Excel Analysis Learned from Rising US Inflation

Charley Kyd -
0
Looking at the trends in the annual rate of change (ROC) of business and economic measures is an excellent way to reveal hidden information...
Here's how you can split delimited text into an array with a short Excel formula, and then wrap the formula with the INDEX function to return any value from the array.

How to Split and Index Delimited Text with Excel Formulas

Berkshire Hathaway is raising prices, and their costs are increasing. Inflation is on the rise. These Excel charts illustrate the the problem.

Warren Buffett, Inflation, and Excel

I used the FILTER function to give me IFS-like power for PERCENTILE.INC. But then I realized the same pattern brings IFS-like power to many functions—including MEDIAN, STDEV.S, GEOMEAN, and perhaps even the FORECAST functions!

Using the Hidden Power of Excel’s FILTER Function

Using Excel's LET, SORTBY, and SEQUENCE functions, and dynamic arrays, you easily can list any number of top and bottom results from a Table.

How to Report Top and Bottom Results Using Dynamic Arrays in...

Featured Articles

Using Excel's LET, SORTBY, and SEQUENCE functions, and dynamic arrays, you easily can list any number of top and bottom results from a Table.

How to Report Top and Bottom Results Using Dynamic Arrays in Excel

Array Formulas Charley Kyd -
0
In How to Use Excel’s LET Function, I showed several examples of a powerful function that Microsoft added to Excel 365 in the summer...
How to aggregate named groups of GL accounts.

How to Report GL Account Groups in Excel

Accounting & Finance Charley Kyd -
0
Believe it or not, this income statement is quite sophisticated. It's not nearly as simple-minded as it looks. In fact, this income statement illustrates a...
In Excel, you can report named groups of GL account numbers, product codes, and so on—just as you report one such number. Here’s how.

How to Use Array Formulas to Report Groups of Accounts

Accounting & Finance Charley Kyd -
0
Often, in accounting, marketing, and other departments, we'd like to report and analyze groups of items rather than one item at a time. In Part...
Use this Excel dashboard to track 27 economic indicators of the United States' recovery from the Covid-19 recession.

Learn How to Use Excel to Track the US Recovery from the Covid Recession

Training & Services Charley Kyd -
0
The Covid recession is the worst recession the world has experienced since the Great Depression. And the Recovery Tracker workbook and Excel training can...
This Excel dashboard report lets you follow key economic trends while showing you how to gain a HUGE increase in your Excel productivity at work.

Track Key Economic Indicators Every Weekday with this Excel Dashboard

Training & Services Charley Kyd -
0
You can update this Excel dashboard report every weekday—with one command—if you have Excel 2016 or above. This report of current economic data introduces you...

Blog

Analytical Methods

A Lesson in Excel Analysis Learned from Rising US Inflation

Charley Kyd -
0
Looking at the trends in the annual rate of change (ROC) of business and economic measures is an excellent way to reveal hidden information...
Here's how you can split delimited text into an array with a short Excel formula, and then wrap the formula with the INDEX function to return any value from the array.

How to Split and Index Delimited Text with Excel Formulas

Berkshire Hathaway is raising prices, and their costs are increasing. Inflation is on the rise. These Excel charts illustrate the the problem.

Warren Buffett, Inflation, and Excel

Add Low-Overwhelm Context to Your Line Charts

When you're refinancing, this chart allows you to use the tip of your finger trade off your monthly payments and your total payments as you consider the term of your loan.

Calculate Mortgage Payments and Your ROA with an Excel CalcPlot Chart

Business & Economics

Formulas & Functions

You can use Slicers rather than Validation Lists to control any settings in your interactive workbooks. You're not limited to controlling only Tables and Pivot Tables. Here's how to do it.
Charting Methods

Interactive Dashboard Magic with Excel Slicers

Charley Kyd -
0
The figure below illustrates an Excel magic trick I created for an Excel Dashboard, using in Excel 2016. The key trick is the method I...
When you record VBA macros, Excel records each item you select. Here's why and how to avoid selecting those objects in your actual macro.

You Usually Don’t Need to Select an Object in Excel VBA

Here's how to split text into columns when you paste the text to your worksheet, and how to turn off this feature when you're done.

How to Change Text to Columns When You Copy and Paste...

When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Here's the second of two methods.

How to Delete Blank or Unneeded Rows, Method 2

Simple spreadsheet edits can introduce costly Excel errors. Here are three techniques that can help you to reduce your errors in Excel.

Three Ways to Reduce Errors in Your Excel SUM Formulas

Excel Methods

Does Excel's INDEX worksheet function work for you only some of the time? Here are ways to learn why your INDEX function isn't working as you expect.
Excel Methods

How to Debug INDEX in Excel

Charley Kyd -
0
"I'm not a very experienced Excel user. Why does = INDEX(...) sometimes work and sometimes not.... :-)?" -- Suzan G. Probably the best way to...
The MATCH function makes the INDEX function useful. This is the second of a three-part series designed to INDEX-MATCH clearer.

How to Use INDEX-MATCH, Part 2: The MATCH Function

In one SUMPRODUCT formula, you can summarize any number of specific accounts in a list. This makes it easy to summarize financial data from an accounting trial balance.

How to Create Summarized Financial Statements with SUMIFS Criteria Lists

I used the FILTER function to give me IFS-like power for PERCENTILE.INC. But then I realized the same pattern brings IFS-like power to many functions—including MEDIAN, STDEV.S, GEOMEAN, and perhaps even the FORECAST functions!

Using the Hidden Power of Excel’s FILTER Function

This table summarizes the performance of Excel's worksheet functions primarily designed to work with dates

Overview of Excel’s Date Functions

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Excel provides several worksheet functions for working with normal distributions or 'bell-shaped curves.' This introduction to Excel's Normal Distribution functions offers help for the statistically challenged.

An Introduction to Excel’s Normal Distribution Functions

Business Statistics Charley Kyd -
0
(Download the workbook.) When a visitor asked me how to generate a random number from a Normal distribution she set me to thinking about doing statistics...
When you want to look up data in Excel, you should never use a worksheet function with "lookup" in its name. Here's why...

Why INDEX-MATCH Is Far Better Than VLOOKUP or HLOOKUP in Excel

Downloads Charley Kyd -
0
(Download the workbook.) Excel’s VLOOKUP function is more popular than the INDEX-MATCH function combination, probably because when Excel users need to look up data then a "lookup" function...
When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Here's the first of two methods.

How to Delete Blank or Unneeded Rows, Method 1

Worksheet Interaction Charley Kyd -
0
When you bring data from another source into an Excel worksheet, the data often includes rows that you’ll want to delete. Often, you’ll want...
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