Advanced Data Analysis Overview - Excel Data Analysis

What is Advanced Data Analysis Overview?

Excel presents several commands, features and tools that make your complex data analysis tasks easy. Excel lets you perform various complex calculations easily. on this tutorial, you may understand the flexible data analysis tools of Excel. you will recognize data analysis with applicable examples, step by step instructions and screen shots at every step.

Data Consolidation

You might need to consolidate the data from various assets and present a report. The information can be in the worksheets of the same workbook or in different workbooks. With Excel data tool Consolidate, you can perform this in a few clean steps.

What-If Analysis

What-If analysis presents you tools to handle the following data analysis situations −

  • Locate the input values that result in a certain value. The result could be set up as a formula with the input values as variables. by varying the values of the input variables, Excel provides the solution with the goal searching for tool.
  • Locate the possible output values by varying the values of one or variables. The result could be set up as a formula with one or input values as variables. by various the values for the input variables, Excel presents the solution with the data table tool.
  • Locate the possible output values that are a result of varying the values of more than two variables. The result can be set up as a formula with the input values as variables. by various the values for the input variables, Excel provides the solution with the situation manager tool

Optimizing with Excel Solver Add-in

Solver is used to handle complex goal are looking for conditions. In such cases, in addition to the inputs and outputs, there will be described constraints or limits imposed on the possible input values. further, Solver is used to result in an best solution.

Excel has a Solver upload-in that allows you solve such complex problems.

Importing Data into Excel

Your data analysis might depend on various outside data sources. In Excel, you can import data from different data assets, which includes Microsoft access Database, web Pages, text files, square Server table, square Server analysis cube, XML file, etc.

You can import any number of data tables simultaneously from a database. when you are uploading multiple tables from a relational database such as access, the present relationships among the tables will be retained in Excel also. while uploading the data, you can also optionally create a PivotTable or PivotChart or power View report based on that data.

You can just create a data connection with a data source, or import the data into Excel. if you import the data into Excel, the information tables are added to the data version in Excel.

Data Model

Data version in Excel is used to integrate information from multiple tables in the current workbook and / or from the imported data and / or from the information sources connected to the workbook through data connections. data version is used transparently in PivotTable, PivotChart, Power Pivot and power View reports.

  • You can create a data version while uploading data, or from the Excel tables in the workbook.
  • The data tables in the information version can be viewed both in data View or Diagram View.
  • With a data version, you can create relationships among the data tables.
  • You can both use the Create relationship command or just click and drag and join the fields in the tables that define the relationship in the diagram view of the data version.

Exploring data with PivotTable

As you can combine the data version with a PivotTable, you can do extensive data analysis by collating, connecting, summarizing and reporting data from numerous different assets. As you can import tables from external data assets and create a PivotTable, it is possible to have automatic updates of the values in the PivotTable whenever the data in the connected data assets is updated.

You can create a PivotTable with the fields from multiple tables, provided the tables have relationships defined. If a relationship does now not exist, Excel prompts you to create one and you can do so from the PivotTable itself. The relationship that you so define is reflected in the data version.

Exploring data with Power Pivot

You can use PowerPivot to access, examine and record data from numerous facts assets. PowerPivot can help you manage huge data with ease and produce fascinating analysis reports.

PowerPivot presents you commands to manage the data version, add Excel tables to data version, to add calculated fields in the data Tables, to outline KPIs, etc.

Exploring Data with Power View

Power View provides interactive exploration, visualization and analysis of large data. as a result of its versatile visualization options, you can really locate the one that offers your data the perfect platform in which you could explore the data, summarize and file.

Starting from Tables to Maps, it is only a play for you to visualize your data, filter it, analyze it, and file it interactively. Moreover, you can have multiple visualizations on the same power View sheet that reflect and highlight values, when you click on a data factor in any one of them.

You can explore data in power View with a table, a matrix, a card, different chart types, multiples, maps and tiles. you will get keen on the versatility of these unique views once you get hands-on experience. This is because it is simple to provide interactive reports highlighting large values and dynamically switching across the views.

Exploring data with Hierarchies

If your data has hierarchies, they can be either defined in the data version that is reflected in the power View or build the hierarchies in power View itself.

Once a hierarchy is described, you can drill-up and drill-down the hierarchy, showing the specified data.

Aesthetic power View Reports

You can arrive at a report layout based on what you want to present in power View. you can add a background image that displays your company logo or your corporate view. Optionally, you can format the background of the report to give it an elegant look.

You can choose a theme on your report that best portrays your data. you can change the font and text size so that your report becomes easily readable.

Key performance indicators (KPIs)

Key performance indicators are commonly used to gauge the performance. In Excel, you define and portray KPIs in PowerPivot or power View. The graphical presentation of KPIs will uplift your reports.

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