Sunday, July 3, 2022

### How to Smooth Data by Using the TREND Function

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...

### Simple Transformations Can Reveal Hidden Patterns in Your Data

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...

### Inflation Tracker Excel Dashboard with Consumer Prices

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...

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

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 Report GL Account Groups in Excel

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...

### How to Use Array Formulas to Report Groups of Accounts

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...

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

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...

### How to Create Normal Curves With Shaded Areas in Excel

Adding shaded areas to normal curves like this is a challenging task in Excel charting. But once you know how, it's not difficult to...

### Interactive Dashboard Magic with Excel Slicers

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...

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

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 Delete Blank or Unneeded Rows, Method 1

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...

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

(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...

### An Introduction to Excel’s Normal Distribution Functions

(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...