excel 3: data analysis
DESCRIPTION
Watch this with a 10-15 minute audiotrack at http://vimeo.com/novusprogram/excel3 This lesson builds upon the concepts that were learned in the previous Excel lesson. The topics covered include using Excel’s powerful formulas to help perform data analysis on both large and small amounts of data. The objective of the lesson is for the user to be comfortable with calculating data variance, making informational comments, using advanced filtering techniques, and combining multiple sources of data. The lesson teaches concepts through a combination of image-based slides and video tutorials. The Novus project is a combination of video tutorials designed to be used in conjunction with a free business simulation software program. The Novus Business and IT Program contains 36 business and IT training videos, covering basic finance, accounting, marketing, economics, business strategy, Word, Excel, and PowerPoint. Users will have an opportunity to apply the lessons in the Novus Business Simulator. Over six rounds, the user or teams will have to make decisions on capital purchases, financing, production, financing, and human resources for a microbrewery. This channel has arranged the 36 video lessons into the order in which they are meant to be used with the simulator. To watch this slideshow as a video, please go to our Vimeo page at: https://vimeo.com/novusprogram. To download our free business simulation software, please go to our SourceForge page at: http://sourceforge.net/projects/novus/.TRANSCRIPT
Novus Business and IT Training Program
Microsoft Excel 3: Data Analysis
Objective: To learn how to work with filtered data, how to use additional formulas, and how to combine data from two different sources.
2Novus Business and IT Training Program
Freezing Panes
• Locks part of the worksheet
3Novus Business and IT Training Program
Freezing Panes
• Useful when you have header rows
The header row is shown as you scroll through the worksheet
4Novus Business and IT Training Program
Video 1
5Novus Business and IT Training Program
Variance
• Use a simple subtraction formula to do variance analysis
6Novus Business and IT Training Program
AutoFill
• Excel can automatically update data patterns
1. 2. 3.
Drag the fill handle to AutoFill
7Novus Business and IT Training Program
Video 2
8Novus Business and IT Training Program
Cell Comments
• Each cell can have a comment
A commented cell has a red marking
When the cursor is over the cell, the comment displays
9Novus Business and IT Training Program
Advanced Filtering
• Excel can filter on color, numbers, and more
You can only filter on color if some of the cells are colored
10Novus Business and IT Training Program
Advanced Filtering
Notice that here it is impossible to filter on color because no cells are colored
• If the column contains text instead of numbers, text filters will replace number filters
11Novus Business and IT Training Program
Video 3
12Novus Business and IT Training Program
Video 4
13Novus Business and IT Training Program
TRUE or FALSE?
• The formula =Cell=Cell is useful
• Tests whether the cells are equal and returns a value of TRUE or FALSE
14Novus Business and IT Training Program
Microsoft Excel 3: Wrap-Up
• This lesson covered:–How to work with filters–Useful formulas–Methods for analyzing data–How to combine data