Excel - Data Analytics

Level - Advanced
This course outlines analytic tools of Microsoft Excel which can be very useful for business planning and modelling.

Location

Date

Duration

1 Day

Time (AWST)

Address

Participants

Total

Overview

Descriptive, predictive and prescriptive analytics are interrelated, helping companies make the most out of their data. Excel is a tool that can be used for analysis; to collect, clean, transform and analyse data and generate reports.

Content

Understand the different types of analytics techniques
Use advanced sorting for descriptive analysis
Use advanced conditional formatting for descriptive analysis
Work with advanced analytic functions such as SUMPRODUCT and analytic database functions such as DSUM AND DAVERAGE
Learn how to use What-If Analysis tools:
- Goal Seek to calculate a single value needed to achieve a known outcome
- Scenario Manager to switch between different calculations with different variables
- Data Tables to view multiple results from one or two variables
- Solver to calculate multiple values needed to achieve a known outcome.
Gain an understanding of the Excel Analysis ToolPak.

Learning Outcomes

Participants should be able to:

Understand which analytics tools are available in Excel
Use advanced sorting and advanced conditional formatting for descriptive analysis
Use selected analytics functions such as DSUM, DAVERAGE, DMAX and AGGREGATE
Understand the What-If Analysis Tools and their uses
Understand the set of statistical analysis tools available in the Excel Analysis Toolpak.