Sunday, July 3, 2022

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Aggregation Functions

How to Smooth Data by Using the TREND Function

Charley Kyd -
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Years ago, I read that Prof. William S. Cleveland had suggested that data could be smoothed by calculating a centered trendline through adjacent data—a...
Two economists have introduced a new leading indicator, which predicts a recession soon. These Excel charts illustrate their insight. If they're correct, Excel users will be very busy in the months ahead.

Consumer Sentiment Suggests a 2022 Recession

Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.

Here’s How Inflation Could Affect the Value of Your Home

A shortage of truckers is one cause of the supply chain crisis in the US. This Excel chart suggests that the problem won't end soon.

An Excel Chart of a Major U.S. Supply Chain Problem

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Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

Analytical Methods Charley Kyd -
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Excel users have at least two significant advantages over business professionals who rely on other analytical and reporting tools. First advantage: We Excel users can...
Use this unique Excel dashboard to track the general rate of inflation, your personal rate, and the rate of the goods and services you buy.

Inflation Tracker Excel Dashboard with Consumer Prices

Business & Economics Charley Kyd -
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U.S. President John F. Kennedy once said of a growing economy, "A rising tide lifts all boats." However, a rising inflationary tide does not lift...
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 -
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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 -
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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 -
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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...

Blog

As inflation rises, so do mortgage interest rates—causing house prices to fall. Here's how Excel's PV function can help you estimate what you new house price will be.
Blog

Here’s How Inflation Could Affect the Value of Your Home

Charley Kyd -
0
November 5, 2021 Inflation is rising in the U.S. And that made me wonder how a higher rate of inflation could affect the price of...
A shortage of truckers is one cause of the supply chain crisis in the US. This Excel chart suggests that the problem won't end soon.

An Excel Chart of a Major U.S. Supply Chain Problem

A Lesson in Excel Analysis Learned from Rising US Inflation

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

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 -
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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...
Here's how to use formulas and conditional formatting to expand or contract your Excel report automatically, without macros, when you change a cell value.

Create Variable-Length, Dynamic Reports Linked to Excel Tables

How to Smooth Monthly Trends with Centered Moving Averages

Two unusual formulas can use the SEARCH or FIND functions to search any number of cells for any number of words—almost instantly.

How I Set Up SEARCH and FIND Formulas on Steroids

Excel includes many outstanding features that you probably don't know even exist. Here's how to find those features and to use the ones you need.

How to Find and Use Excel’s Best Hidden Features

Excel Methods

It should have been a simple Excel formula. But it became a two-part puzzle needing arrays, ASCII, and text concatenation to answer.
Array Formulas

A Two-Part Excel Puzzle, with Arrays, Text, ASCII, and Concatenation

Charley Kyd -
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Recently, I needed to compare two long columns of text of various lengths to make sure that each row of text in column A...
How to Work with Dates Before 1900 in Excel

How to Work with Dates Before 1900 in Excel

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.

How to Debug INDEX in Excel

To reduce errors in reports, you should foot and cross-foot them. But Excel's floating-point arithmetic gets in the way. Here's how to fix the problem with a standard deviation calculation.

How to Foot and Cross-Foot Excel Reports in a Floating-Point World

Excel's range names offer great power and flexibility. And they're not hard to use. Here's an introduction to the power that Excel provides.

Introducing the Power of Excel Range Names

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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 -
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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...
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 -
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(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...
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 -
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(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...
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