How To Analyze Data In Excel 2003 With A Powerpoint 3.5

Size: px
Start display at page:

Download "How To Analyze Data In Excel 2003 With A Powerpoint 3.5"

Transcription

1 Microsoft Excel 2003 Data Analysis Larry F. Vint, Ph.D Technical Advisory Group Customer Support Services Northern Illinois University 120 Swen Parson Hall DeKalb, IL Copyright 2004 Northern Illinois University Information Technology Services

2 Microsoft Excel 2003 Data Analysis Using Excel s Data Analysis Tools 2 Tables 6 Evaluating Trends 11 Using Excel's Goal Seek 17 Using Solver 20 Creating Scenarios 23 Copyright 2004 Northern Illinois University Information Technology Services 1

3 Using Excel s Data Analysis Tools Excel includes a number of add-in tools to assist with a number of data handling, reporting and analysis functions. 1. Click on the worksheet tab labeled Data Analysis 2. Click on the Tools pull-down menus 3. Click on Add-Ins 4. Check Analysis ToolPak as in Figure DA Also Check Solver as we will be using the Solver in a later exercise 6. Click OK This unpacks the chosen Excel Add-in tools and makes them available for use. If the Addin list is empty, there may have been a limited installation of MS Office. If this is the case, the MS Office CDs will be needed to install these Add-in tools. 7. Click on the Tools pull-down menus again Figure DA Click on Data Analysis 9. Select Descriptive Statistics from the Analysis Tools as in Figure DA Click OK The Descriptive Statistics box is shown in Figure DA-03. Figure DA-02 Figure DA-03 Copyright 2004 Northern Illinois University Information Technology Services 2

4 11. Click on the contract button for the Input Range box. 12. Highlight B1 through C7 13. Click the expand button 14. Check the Labels in First Row box 15. Click on the contract button for the Output Range box 16. Click on cell A Click the expand button 18. Check the Summary Statistics box The Descriptive Statistics window should now look like Figure DA Click OK 20. The output will be crowded so highlight the column headings for columns A through D 21. Position the cursor over the right-hand border of one of the highlighted columns and double-click Figure DA-04 to increase the width of each column to the widest cell in the column. The resulting Descriptive Statistics should look like Figure DA-05. Figure DA-05 Copyright 2004 Northern Illinois University Information Technology Services 3

5 Let s try another analysis. Regression statistics can be useful in evaluating past trends and predicting future consequences. Using the data in the Data Analysis worksheet, let s compute the regression of Expenditure increases as a function of the number of Students. 22. Click on the Tools pull-down menus again 23. Click on Data Analysis 24. Select Regression from the Analysis Tools 25. Click OK 26. Click on the contract button for the Input Y Range box. 27. Highlight B1 through B7 28. Click the expand button 29. Click on the contract button for the Input X Range box. 30. Highlight C1 through C7 31. Click the expand button 32. Check the Labels box 33. Click on the contract button for the Output Range box 34. Click on cell E1 35. Click the expand button The Regression window should now look like Figure DA Click OK 37. The output will be crowded so highlight the column headings for columns E through M 38. Position the cursor over the right-hand border of one of the highlighted columns and double-click to increase the width of each column to the widest cell in the column. The resulting Regression Statistics should look like Figure DA-07. Figure DA-06 Copyright 2004 Northern Illinois University Information Technology Services 4

6 Figure DA-07 The coefficient for STUDENTS, , indicates that every student adds $5, to EXPENDITURES and that even with no students there would be $12, in EXPENDITURES. Let s use these coefficients to set up an equation to predict EXPENDITURES based upon student numbers. 39. Click on cell P3 40. Type = 41. Click on cell F Type Click on cell F Type * 45. Click on cell O3 46. Press Enter These steps have created a prediction equation based upon the regression analysis that can be used to predict expenditures for varying numbers of students. Care must be taken in interpreting results greatly beyond the range of existing data; i.e. the prediction may be reasonable for 20 students, but not realistic for 100 students. 47. Click on cell O3 48. Type Press Enter The equation predicts that if we had 20 students we could expect expenditures to be $114, The above examples illustrate some of the types of statistical analysis that can be performed with Excel s Add-in Analysis ToolPak. Copyright 2004 Northern Illinois University Information Technology Services 5

7 Tables Most people familiar with databases will mistakenly assume the Tables feature in Excel is used similarly but they are mistaken. The Tables feature in Excel is another What-If analysis tool that displays the result of a formula with different sets of input values. For this example we will create a formula that determines the monthly payments for the principal of an investment given a fixed interest rate. We will use the PPMT function that is one of the financial functions provided by Excel to calculate the monthly payments to be made on an investment over a specified period of time. We will enter the interest rate, Let s first go to the Payment Table worksheet for the function and ensuing table. 1. Click on the Payment Table worksheet tab Let s enter the input values for the function first and then create the function. 2. Click on cell B1 3. Type Click on cell B2 5. Type 5 6. Click on cell B3 7. Type These three values will be used by the PMT function to calculate the monthly payments. Let s enter the formula. 8. Click on cell B6 9. Click on the Paste Function toolbar button 10. From popup Insert Function window click on the Financial category from the select a category pick list 11. Scroll down the list box labeled Select a function until you see the PMT function and click on it as in Figure PT Click on the OK button The formula box appears listing the arguments needed by the PMT function. The three required arguments, Rate, Nper, and Pv, are indicated in boldface. Two optional arguments are Fv and Type. Figure PT-01 Copyright 2004 Northern Illinois University Information Technology Services 6

8 13. To better understand the arguments needed for the PMT function click on Help on this function. We can now see that Fv and Type are the future value and payment method, respectively. The future value is the balanced desired after the last payment was made. If no argument is supplied to this argument the default is zero. The Type argument is used to indicate when the payment is made. A value of True indicates the payment is made at the beginning of the period and a value of False or if this value is not supplied the payment is made at the end of the period. We will supply the three required arguments since we want to attain a zero balance after all payments are made and the payments are made at the end of each pay period. 14. Click within the box labeled Rate 15. Type (B1/12)/100 Cell B1 contains the annual interest rate. Since we wish to determine the monthly payments we must express on all arguments in monthly units. So dividing the annual rage by 12 months will give us the monthly interest rate. We then divided the monthly interest rate by 100 to express on the percentage as a decimal number. 16. Click within the box labeled Nper 17. Click on the Contract dialog box button to the right of this box The formula box will be temporarily suppressed and the box containing the Nper argument is displayed. Whenever we click on a cell Excel will fill the cell address into the Nper argument box. 18. Click on cell B2 The cell address B2 is placed within the Nper argument box. 19. Click on the Expand dialog box button The Nper argument box will contain the cell address B2 that contains the pay period that is expressed in years. Just like the Rate argument we must express the Nper argument in months. So we must multiply the contents of cell B2 by Click on the End key to move the insertion point to the end of the argument 21. Type *12 The Nper argument should now read B2* Click within the box labeled Pv and click on the Contract button Figure PT-02 Copyright 2004 Northern Illinois University Information Technology Services 7

9 23. Click on cell B3 and then click on the Expand dialog box button The Pv argument is the principal value. We will not supply any arguments for the Fv and Type arguments because we want the future value of this investment to equal zero when the pay period ends and we are paying at the end of each month, which are the defaults when an argument is not supplied. Figure 4 shows the formula box now. Compare your formula box to the figure and correct any mistakes. The value of each argument is evaluated and displayed to the right of the argument boxes. The monthly interest rate, which is expressed as a decimal value, is The number of periods is 60 months and the principal value is Click OK A negative value of $ is displayed in cell B6. The payment is negative because it is the amount we must pay each month to pay off an $18,000 investment at 7.5% for 5 years. Suppose you want to see how the monthly payments will change when the annual interest rate and pay period are modified. We can set up a table to perform this what-if analysis. The table will display the input parameters along the top row and left-most column with each cell within the table displaying the formula result for each combination of input values. To set up the table, the formula must be in the top, leftmost column. Then the input values are entered on the same row beginning in the next cell to the right of the formula and on the same column beginning with the next cell below the formula. 25. Position the cursor on cell B7 then continuously hold the left mouse button down 26. Drag the mouse pointer down to cell B9 and then release the mouse button The cell range B7:B9 should be highlighted. 27. Type 3 and press Enter 28. Type 4 and press Enter 29. Type 5 and press Enter We will use the leftmost column to supply different number of pay period values to the PMT function. 30. Now position the cursor on cell C6 then continuously hold the left mouse button down 31. Drag the mouse pointer to cell D6 and then release the mouse button The cell range C6:D6 should be highlighted. 32. Type 6 and press Enter 33. Type 6.5 and click on the fill handle of the highlighted range C6:D6 Copyright 2004 Northern Illinois University Information Technology Services 8

10 34. Continuously holding down on the left mouse button, drag the fill handle to column K, until the number 10 appears, and release the mouse button We allowed Excel to use the pattern of 0.5 percent increases to set up a list of interest rates from six to ten in 0.5 increments. Now we can use row six to supply these different interest rate values to the PMT function. Figure PT-03 shows the column and row input values for this table along with the function. To set up the What-if table showing what payments would be across this range of payment periods and interest rates: 35. Position the cursor on cell B6 and hold the left mouse button down Figure PT Drag the mouse pointer to cell K9 and release the mouse button The cell range B6:K9 should be highlighted and if is not then repeat steps 35 and 36 above. You must highlight the entire cell range that will display the results of the table and the formula must be in the top, leftmost cell of the table. 37. Click on Data in the dropdown menus 38. Click on Table A dialog box entitled Table appears with two options labeled Row input cell and Column input cell. We must specify the cell range containing the row input values within the table and the cell range containing the column input values. 39. Click within the box labeled Row input cell 40. Click on the Contract button 41. Click on cell B1 The cell address $B$1 should be filled into the Row input cell box. Cell B1 contains the annual interest rate and the table will replace the interest rate using the five values entered in cells C6, D6, E6, F6, and G Click on the Expand button to return to the Table dialog box 43. Click within the Column input cell box 44. Click on the Contract button 45. Click on cell B2 Copyright 2004 Northern Illinois University Information Technology Services 9

11 The cell address $B$2 is filled into the Column input cell box. Cell B2 contains the number of periods and Excel will use the values supplied in cells B7, B8, and B9 to for the number of periods. 46. Click on the Expand button to return to the Table dialog box 47. Click on the OK button The table should result like Figure PT-04. Cell F9 displays the result of the PMT function using an annual interest rate of 7.5% and a pay period of 5 years. Figure PT-04 This is the same result as cell B6 because these were the original values supplied to the function. Now you can compare the different payment values across different interest rates and pay periods. For example, cell E7 shows the monthly payment amount if the interest rate is 7% and the pay period is only 3 years. Cell G8 shows the monthly payment amount if the interest rate is 8% and the pay period is 4 years. The formatting of the monthly payments in the newly created table can be easily set using the Format Painter. 48. Click on cell B6 49. Click on the Format Painter 50. Swipe the Format Painter across cells C7 through K9 The table will now look like Figure PT-05. Figure PT-05 Copyright 2004 Northern Illinois University Information Technology Services 10

12 Evaluating Trends Excel has a number of tools to assist in analyzing trends in data. Trend analysis can be utilized to predict future results. In this section we will use Excel s Trendline tool to analyze several possible trends in a department s tuition income. We will then utilize Excel s Linear and Growth Trend tools to predict future tuition income based upon past results. 1. Click on the Trends worksheet tab A chart has been created from the data range B7:C11. We will add a series of trendlines to this chart and evaluate how well they describe the existing data. 2. Right-click on one of the blue columns representing a data point in the chart 3. Click on Add Trendline from the popup menu as shown in Figure ET-01 Figure ET-01 Figure ET-02 shows the types of trendlines that can be to the chart. Excel offers six choices of types of trendlines that might be applied to charted data. We will examine visually how well each fits the data. We will also display the statistical formulas Excel has computed to calculate data points on the trendline and the R 2 values which statistically represent how well the trendline formula describes the data. 4. Click on the Linear box as in Figure ET-02 Figure ET-02 Copyright 2004 Northern Illinois University Information Technology Services 11

13 5. Click OK A linear trendline has been applied to the chart. 6. Right-click on the trendline. The menu that pops up will allow you to either Format trendline or Clear the trendline 7. Click on Format Trendline The Format Trendline window that pops up has three tabs. The first, Patterns, will allow you to change the line style, color and weight of the trendline. The second, Type, will allow you to change the type of trendline being established. 8. Click on the third, the Options tab The Options window in Figure ET-03 will allow us to apply a custom trendline name, forcast forward or backward, reset the intercept on the y-axis, display the trendline equation on the chart and display the R- squared value on the chart: 9. Check the Display equation then check the Display R- squared value boxes 10. Click OK The formula y = x Figure TL6 and R 2 = appears above the trendline (Figure ET-04). This is the Figure ET-03 linear regression formula Excel has calculated to describe the tuition income data. The R 2 value is the percent of variation in the data that is described by the regression equation. A value of 1.0 means the equation can completely account for variation in the data. The smaller the R 2 value the less useful the equation is in describing the data. 11. Click in cell C31 (beside Linear) Figure ET Type in value Press Enter Copyright 2004 Northern Illinois University Information Technology Services 12

14 Since it is so easy to allow Excel to compute various types of regression equations we will proceed to look at each of the various types of equations and enter their R 2 values beside the Trendline Type name in the table in cells B31 to C Right-click on the trendline. 15. Click on the Type tab 16. Choose the next Trendline Type 17. Click OK 18. Click in the cell in column C corresponding to the trendline type and enter the R 2 value 19. Repeat steps 28 through 32 until R 2 values for all trendline types have been calculated. Note that the Moving Average does not compute a regression equation or R 2 value. This trendline type is based upon the moving average, not a regression equation; therefore, no regression equation or R 2 value is relevant to this trendline type. Note in the Trendline Descriptive Accuracy table (Figure ET-05) that all of the variation in the data is described by the exponential equation. The second degree polynomial equation also does an excellent job of describing the data, accounting for percent of the variation. Different datasets will yield different results. Figure ET-05 Let s use the exponential equation to forecast for the next ten years. 20. Right-click on the trendline. 21. Click on the Type tab 22. Choose the Exponential trendline type 23. Click on the Options tab 24. Click in the Forecast Forward: box and enter 10 as in Figure TL9 25. Click OK Figure ET-06 Copyright 2004 Northern Illinois University Information Technology Services 13

15 The result of Excel s forward forecasting using the exponential equation is shown in Figure ET-07. This gives us a clear visual image of predicted future tuition income. However, we have no accompanying data points to use for other evaluation purposes. To illustrate methods compute these data points proceed to the next page. Figure ET-07 One method of predicting future data points in our data is to use the regression equation that Excel has computed for us. To do so we must understand that in our data the X in Excel s equation represents an incremental counter starting at one and ending at five for the five data points in our data. The value of e (the base of natural logarithms) is The * is used in Excel to multiply values. The ^ is used in Excel to raise values to a power. The formula Excel displays as y = e x is already coded in cell E7 as =327.68* ^(0.2231*D7). In the following steps we will use Excel s exponential prediction equation calculated from our data y = e x to predict future data points. First we must unhide cell E Highlight column headings C through F 27. Right-click then click Unhide in the popup menu 28. Click in cell E7 29. Position the cursor over the fill handle 30. Hold the left mouse button down and drag the fill handle to cell E21 and release it Copyright 2004 Northern Illinois University Information Technology Services 14

16 The computed data points now appear in columns E8 through E21 (Figure ET- 08). Figure ET-08 If linear or growth equations adequately describe the data there is an even easier method of computing future data points. 31. Click on cell B7 32. Highlight cells B7 through B11 and position the cursor over the fill handle 33. Hold the left mouse key down and drag the fill handle to cell B21 and release it 34. Click on cell C7 35. Highlight cells C7 through C11 and position the cursor over the fill handle 36. Hold the RIGHT mouse key down and drag the fill handle to cell C21 and release The Trends menu that pops up (Figure ET-09) will allow the choice of either a Linear Trend or Growth Trend to fill in the future data points. Since our data was best described by either an exponential or second degree polynomial regression equation we should select the Growth Trend. 37. Click on Growth Trend Figure ET-09 Copyright 2004 Northern Illinois University Information Technology Services 15

17 The results (Figure ET-10) using are very close to those calculated using the exponential equation; however, they were more easily obtained. Note: If we had held down on the LEFT mouse button instead of the RIGHT mouse button as we were dragging the fill handle, a linear trend would have been used to populate our future data points by default. Figure ET-10 Copyright 2004 Northern Illinois University Information Technology Services 16

18 Using Goal Seek Goal Seek is one of Excel s what-if tools. Goal Seek allows you to Specify a single adjustable cell. Specify a target value that is dependent upon the adjustable cell. Generate a solution by manipulating the value of the adjustable cell. Generate a single solution to a problem Goal Seek is a relatively easy tool to learn how to use and is a useful tool for finding solutions to complex problems involving a single variable. We will use it to find the coefficient required to reach a Department s goals for growth in tuition income over the next ten years. The objective is to predict the coefficient of growth (x) required to achieve a ten-year goal and compute the annual tuition targets leading to that objective. It is assumed that the department has $1,000,000 of tuition income in the current year and that tuition income for each future year will increase by (x) times the previous year s tuition total. This data and accompanying chart are present in the Goal Seek worksheet. 1. Click on the Goal Seek worksheet tab We want use the Goal Seek tool to compute the growth rate required to reach a goal of $10,000,000 of tuition income in the department by year The current tuition income in 2002 is $1,000,000. Over the past five years an annual growth rate of 125% has been achieved. Using this growth rate the tuition levels over the next ten years has been predicted in the table in the worksheet and charted in the accompanying chart. Tuition has been coded to thousands of dollars. This predicts the department will fail to reach the $10,000,000 tuition income target in We will use Goal Seek to determine what the future growth rate must be to reach the 2011 objective. 2. Click on cell C17. This is the location of our objective. 3. Click on Tools in the dropdown menus 4. Choose and click on Goal Seek The Goal Seek box (Figure GS-01) will appear. Our target cell is populated in Set cell: because we clicked on it (C16) before opening Goal Seek 5. Click in the To value: box and enter 12000, the number of thousands of dollars equivalent to the goal of $12,000,000 Figure GS-01 Copyright 2004 Northern Illinois University Information Technology Services 17

19 6. Enter B1 in the By changing cell box as in Figure GS Click OK Figure GS-02 The Goal Seek Status window (Figure GS-03) will announce that a solution has been found and that a Current value of $12,000 (thousands) matched the Target value of This value has been placed in cell C16. Notice that the tuition values for other years have not yet been changed and the chart does not yet reflect the use of the new coefficient of growth in cell B1. 8. Click OK to accept the solution of % as the coefficient of growth necessary to achieve the target of $12,000,000 tuition income in year The newly calculated coefficient is in cell B1. Figure GS-03 Now both the table and the chart reflect the use of the newly computed growth rate in the modified values now present for each year. Next we want to visit an alternative way to accomplish the same result. 9. Click the undo button on Excel s standard Toolbar 10. Position the cursor over the 2012 bar. In the Department Tuition Income chart and click the left mouse button twice. Only the 2012 bar should be active as identified by the size handles on both ends and in the middle. 11. Position the cursor over the top of active 2012 bar and hold down the left mouse button when the two pointed arrow appears as in Figure GS-04. Figure GS-04 Copyright 2004 Northern Illinois University Information Technology Services 18

20 12. Continuously hold down the left mouse button and drag the top of the bar upwards until the number $12,000 appears then release 13. The Goal Seek box reappears with the Set cell: and To value: boxes filled in (Figure GS-05). Enter B1 in the By changing cell: 14. Click OK The Goal Seek Status window will again announce that a solution has been found and that a Current value of $12,000 (thousands) matched the Target value of This value has been placed in cell C17. Notice that the tuition values for other years have not yet been changed and the chart does not yet reflect the use of the new coefficient of Figure GS-05 growth in cell B Click OK to accept the solution of % as the coefficient of growth necessary to achieve the target of $12,000,000 tuition income in year The newly calculated coefficient is in cell B1. Both the table and the chart again reflect the use of the newly computed growth rate in the modified values now present for each year. For some this alternative way to access Goal Seek through charts may be a more convenient approach. Note: Goal Seek and the chart modification method of activating Goal Seek only work with data cells created with consistent formulas that rely on single adjustable cell. Copyright 2004 Northern Illinois University Information Technology Services 19

21 Using Solver Solver is one of Excel s add-in tools that allows you to Specify multiple adjustable cells. Specify constraints on the values that the adjustable cells can have. Generate a solution that maximizes or minimizes a particular worksheet cell. Generate multiple solutions to a problem Solver is one of the most difficult of Excel s components to learn, but is a very powerful tool for finding solutions to complex problems involving multiple variables. We will use it to find an optimal staffing problem for a Special Event. The objective is to find the minimum number of staff that will need to start at given hours of the workday. All staff are required to work shifts of three continuous hours and that the hourly needs for staff are known. This data is entered in the Solver worksheet (Figure SO-01). 1. Click on the Solver worksheet tab 2. Click in cell E15 3. Click on Tools in the dropdown menus 4. Click on Solver The Solver Parameters window will pop up. As we want to minimize the number of total staff required for the Special Event we will leave $E$15 in the Set Target Cell: as in Figure SO-02. Solver allows us to change values in multiple cells and apply constraints to multiple variables. Figure SO-01 Figure SO-02 Copyright 2004 Northern Illinois University Information Technology Services 20

22 5. Click on the contract button in the By Changing Cells: box 6. Highlight cells E4 through E13 7. Click the expand button 8. Click on the Add button beside the Subject to the Constraints: box The Add Constraint box pops up as in Figure SO-03. This allows us to place limits or restrictions on the solutions; e.g. that Numbers Starting on a given Hour not be less than zero. Figure SO Click on the contract button in the Cell Reference: box 10. Highlight cells F4 through F Click the expand button 12. Change the constraint to >= from the combo box pick list 13. Click in the Constraint: box and enter 0 as in Figure SO-04 Figure SO Click OK 15. Make certain the Min button is checked and that 0 is in the Value of: box as in Figure SO-05 Figure SO-5 Copyright 2004 Northern Illinois University Information Technology Services 21

23 16. Click Solve Solver will announce if it has found a solution in the Solver Results window. If this case Solver has found a solution. Make sure the Keep Solver Solution button is checked as in Figure SO-06. Figure SO Click OK Solver has changed the adjustable cells in E4 to E13 to the solution it found for minimizing the total number of staff that needs to be scheduled. As shown in Figure SO-07, a total of 72 people need to be scheduled. The timing of when varying numbers of staff must start their three-hour shifts has been optimized to minimize the total number of staff that needing to be scheduled. At times additional constraints must be assigned to insure that partial people or negative numbers are rejected as solutions. If Solver fails to find a solution, recheck entry parameters and constraints. Figure SO7 Figure SO-07 Copyright 2004 Northern Illinois University Information Technology Services 22

24 Creating Scenarios Scenarios are a tool Excel has to allow us to look and be able to recall the effects of making multiple changes to cells affecting the results of our worksheet. Excel's Scenario Manager feature makes it easy to automate your what-if models. You can store different sets of input values (called changing cells by Scenario Manager) for any number of variables and give a name to each set. You can then select a set of values by name, and Excel displays the worksheet by using those values. Next we will try out the Scenario Manager. 1. Click on the Scenario worksheet tab 2. Click on Tools in the dropdown menus 3. Click on Scenarios as in Figure SC Click on Add in the Scenario Manager window Shown in Figure SC-02 Figure SC-01 Figure SC Click in the Scenario name: box of The Edit Scenario window that pops up 6. Type in Loan_175_30_ Click in the Changing cells: box 8. Click on the contact button 9. Click on cell C4 10. Type in a comma 11. Click on cell C6 12. Type in a comma 13. Click on cell C7 14. Click on the expand button Copyright 2004 Northern Illinois University Information Technology Services 23

25 15. Uncheck the Prevent changes box The Edit Scenario window should look like Figure SC Click OK In the Scenario Values window that pops up (Figure SC-04) 16. Click OK The Scenario Manager returns 17. Click Add to add a second scenario 18. Type in Loan_175_15_700 in the Scenario name: box 19. Uncheck the Prevent changes box 20. In the Scenario Values Figure SC-03 window that pops up type 15 in the Loan_Term box 21. Click Add to add a third scenario 22. Type in Loan_175_30_650 in the Scenario name: box 23. Uncheck the Prevent changes box 24. In the Scenario Values Figure SC-04 window type in the Interest_Rate box 25. Click Add to add a fourth scenario 26. Type in Loan_175_15_650 in the Scenario name: box 27. Uncheck the Prevent changes box 28. In the Scenario Values window type 15 in the Loan_Term box 29. In the Scenario Values window type in the Interest_Rate box 30. Click Add to add a fifth scenario 31. Type in Loan_160_30_650 in the Scenario name: box 32. Uncheck the Prevent changes box 33. In the Scenario Values window type in the Purchase_Price box 34. In the Scenario Values window type in the Interest_Rate box Copyright 2004 Northern Illinois University Information Technology Services 24

MS Excel. Handout: Level 2. elearning Department. Copyright 2016 CMS e-learning Department. All Rights Reserved. Page 1 of 11

MS Excel. Handout: Level 2. elearning Department. Copyright 2016 CMS e-learning Department. All Rights Reserved. Page 1 of 11 MS Excel Handout: Level 2 elearning Department 2016 Page 1 of 11 Contents Excel Environment:... 3 To create a new blank workbook:...3 To insert text:...4 Cell addresses:...4 To save the workbook:... 5

More information

Microsoft Excel Tutorial

Microsoft Excel Tutorial Microsoft Excel Tutorial by Dr. James E. Parks Department of Physics and Astronomy 401 Nielsen Physics Building The University of Tennessee Knoxville, Tennessee 37996-1200 Copyright August, 2000 by James

More information

PERFORMING REGRESSION ANALYSIS USING MICROSOFT EXCEL

PERFORMING REGRESSION ANALYSIS USING MICROSOFT EXCEL PERFORMING REGRESSION ANALYSIS USING MICROSOFT EXCEL John O. Mason, Ph.D., CPA Professor of Accountancy Culverhouse School of Accountancy The University of Alabama Abstract: This paper introduces you to

More information

Excel 2010: Create your first spreadsheet

Excel 2010: Create your first spreadsheet Excel 2010: Create your first spreadsheet Goals: After completing this course you will be able to: Create a new spreadsheet. Add, subtract, multiply, and divide in a spreadsheet. Enter and format column

More information

EXCEL Tutorial: How to use EXCEL for Graphs and Calculations.

EXCEL Tutorial: How to use EXCEL for Graphs and Calculations. EXCEL Tutorial: How to use EXCEL for Graphs and Calculations. Excel is powerful tool and can make your life easier if you are proficient in using it. You will need to use Excel to complete most of your

More information

Below is a very brief tutorial on the basic capabilities of Excel. Refer to the Excel help files for more information.

Below is a very brief tutorial on the basic capabilities of Excel. Refer to the Excel help files for more information. Excel Tutorial Below is a very brief tutorial on the basic capabilities of Excel. Refer to the Excel help files for more information. Working with Data Entering and Formatting Data Before entering data

More information

Appendix 2.1 Tabular and Graphical Methods Using Excel

Appendix 2.1 Tabular and Graphical Methods Using Excel Appendix 2.1 Tabular and Graphical Methods Using Excel 1 Appendix 2.1 Tabular and Graphical Methods Using Excel The instructions in this section begin by describing the entry of data into an Excel spreadsheet.

More information

Excel Guide for Finite Mathematics and Applied Calculus

Excel Guide for Finite Mathematics and Applied Calculus Excel Guide for Finite Mathematics and Applied Calculus Revathi Narasimhan Kean University A technology guide to accompany Mathematical Applications, 6 th Edition Applied Calculus, 2 nd Edition Calculus:

More information

Intro to Excel spreadsheets

Intro to Excel spreadsheets Intro to Excel spreadsheets What are the objectives of this document? The objectives of document are: 1. Familiarize you with what a spreadsheet is, how it works, and what its capabilities are; 2. Using

More information

Preface of Excel Guide

Preface of Excel Guide Preface of Excel Guide The use of spreadsheets in a course designed primarily for business and social science majors can enhance the understanding of the underlying mathematical concepts. In addition,

More information

Basic Pivot Tables. To begin your pivot table, choose Data, Pivot Table and Pivot Chart Report. 1 of 18

Basic Pivot Tables. To begin your pivot table, choose Data, Pivot Table and Pivot Chart Report. 1 of 18 Basic Pivot Tables Pivot tables summarize data in a quick and easy way. In your job, you could use pivot tables to summarize actual expenses by fund type by object or total amounts. Make sure you do not

More information

Calc Guide Chapter 9 Data Analysis

Calc Guide Chapter 9 Data Analysis Calc Guide Chapter 9 Data Analysis Using Scenarios, Goal Seek, Solver, others Copyright This document is Copyright 2007 2011 by its contributors as listed below. You may distribute it and/or modify it

More information

Using Microsoft Excel to Plot and Analyze Kinetic Data

Using Microsoft Excel to Plot and Analyze Kinetic Data Entering and Formatting Data Using Microsoft Excel to Plot and Analyze Kinetic Data Open Excel. Set up the spreadsheet page (Sheet 1) so that anyone who reads it will understand the page (Figure 1). Type

More information

Excel 2003 Tutorial I

Excel 2003 Tutorial I This tutorial was adapted from a tutorial by see its complete version at http://www.fgcu.edu/support/office2000/excel/index.html Excel 2003 Tutorial I Spreadsheet Basics Screen Layout Title bar Menu bar

More information

How to Create a Data Table in Excel 2010

How to Create a Data Table in Excel 2010 How to Create a Data Table in Excel 2010 Introduction Nicole Bernstein Excel 2010 is a useful tool for data analysis and calculations. Most college students are familiar with the basic functions of this

More information

Creating Reports with Smart View s Ad Hoc Analysis

Creating Reports with Smart View s Ad Hoc Analysis with Smart View s Ad Hoc Analysis Dartmouth College February 10, 2009 Table of Contents Overview... 3 Connecting to the Reporting Cube... 3 Setting Ad Hoc Options... 3 The Ad Hoc Grid... 4 Selecting Members

More information

Excel Database Management Microsoft Excel 2003

Excel Database Management Microsoft Excel 2003 Excel Database Management Microsoft Reference Guide University Technology Services Computer Training Copyright Notice Copyright 2003 EBook Publishing. All rights reserved. No part of this publication may

More information

Spreadsheets and Laboratory Data Analysis: Excel 2003 Version (Excel 2007 is only slightly different)

Spreadsheets and Laboratory Data Analysis: Excel 2003 Version (Excel 2007 is only slightly different) Spreadsheets and Laboratory Data Analysis: Excel 2003 Version (Excel 2007 is only slightly different) Spreadsheets are computer programs that allow the user to enter and manipulate numbers. They are capable

More information

Spreadsheet - Introduction

Spreadsheet - Introduction CSCA0102 IT and Business Applications Chapter 6 Spreadsheet - Introduction Spreadsheet A spreadsheet (or spreadsheet program) is software that permits numerical data to be used and to perform automatic

More information

0 Introduction to Data Analysis Using an Excel Spreadsheet

0 Introduction to Data Analysis Using an Excel Spreadsheet Experiment 0 Introduction to Data Analysis Using an Excel Spreadsheet I. Purpose The purpose of this introductory lab is to teach you a few basic things about how to use an EXCEL 2010 spreadsheet to do

More information

Excel 2007 Basic knowledge

Excel 2007 Basic knowledge Ribbon menu The Ribbon menu system with tabs for various Excel commands. This Ribbon system replaces the traditional menus used with Excel 2003. Above the Ribbon in the upper-left corner is the Microsoft

More information

Excel basics. Before you begin. What you'll learn. Requirements. Estimated time to complete:

Excel basics. Before you begin. What you'll learn. Requirements. Estimated time to complete: Excel basics Excel is a powerful spreadsheet and data analysis application, but to use it most effectively, you first have to understand the basics. This tutorial introduces some of the tasks and features

More information

A User Manual for Benefit Cost Analysis Using Microsoft Excel

A User Manual for Benefit Cost Analysis Using Microsoft Excel A User Manual for Benefit Cost Analysis Using Microsoft Excel Canesio Predo National Abaca Research Center Leyte State University Baybay, Leyte, Philippines David James Ecoservices Pty Ltd NSW, Australia

More information

Summary of important mathematical operations and formulas (from first tutorial):

Summary of important mathematical operations and formulas (from first tutorial): EXCEL Intermediate Tutorial Summary of important mathematical operations and formulas (from first tutorial): Operation Key Addition + Subtraction - Multiplication * Division / Exponential ^ To enter a

More information

If there is not a Data Analysis option under the DATA menu, you will need to install the Data Analysis ToolPak as an add-in for Microsoft Excel.

If there is not a Data Analysis option under the DATA menu, you will need to install the Data Analysis ToolPak as an add-in for Microsoft Excel. If there is not a Data Analysis option under the DATA menu, you will need to install the Data Analysis ToolPak as an add-in for Microsoft Excel. 1. Click on the FILE tab and then select Options from the

More information

Data Visualization. Brief Overview of ArcMap

Data Visualization. Brief Overview of ArcMap Data Visualization Prepared by Francisco Olivera, Ph.D., P.E., Srikanth Koka and Lauren Walker Department of Civil Engineering September 13, 2006 Contents: Brief Overview of ArcMap Goals of the Exercise

More information

Calibration and Linear Regression Analysis: A Self-Guided Tutorial

Calibration and Linear Regression Analysis: A Self-Guided Tutorial Calibration and Linear Regression Analysis: A Self-Guided Tutorial Part 1 Instrumental Analysis with Excel: The Basics CHM314 Instrumental Analysis Department of Chemistry, University of Toronto Dr. D.

More information

E x c e l 2 0 1 0 : Data Analysis Tools Student Manual

E x c e l 2 0 1 0 : Data Analysis Tools Student Manual E x c e l 2 0 1 0 : Data Analysis Tools Student Manual Excel 2010: Data Analysis Tools Chief Executive Officer, Axzo Press: Series Designer and COO: Vice President, Operations: Director of Publishing Systems

More information

INTRODUCTION TO EXCEL

INTRODUCTION TO EXCEL INTRODUCTION TO EXCEL 1 INTRODUCTION Anyone who has used a computer for more than just playing games will be aware of spreadsheets A spreadsheet is a versatile computer program (package) that enables you

More information

USING EXCEL 2010 TO SOLVE LINEAR PROGRAMMING PROBLEMS MTH 125 Chapter 4

USING EXCEL 2010 TO SOLVE LINEAR PROGRAMMING PROBLEMS MTH 125 Chapter 4 ONE-TIME ONLY SET UP INSTRUCTIONS Begin by verifying that the computer you are using has the Solver Add-In enabled. Click on Data in the menu across the top of the window. On the far right side, you should

More information

Absorbance Spectrophotometry: Analysis of FD&C Red Food Dye #40 Calibration Curve Procedure

Absorbance Spectrophotometry: Analysis of FD&C Red Food Dye #40 Calibration Curve Procedure Absorbance Spectrophotometry: Analysis of FD&C Red Food Dye #40 Calibration Curve Procedure Note: there is a second document that goes with this one! 2046 - Absorbance Spectrophotometry. Make sure you

More information

How To Use Excel To Compute Compound Interest

How To Use Excel To Compute Compound Interest Excel has several built in functions for working with compound interest and annuities. To use these functions, we ll start with a standard Excel worksheet. This worksheet contains the variables used throughout

More information

Assignment objectives:

Assignment objectives: Assignment objectives: Regression Pivot table Exercise #1- Simple Linear Regression Often the relationship between two variables, Y and X, can be adequately represented by a simple linear equation of the

More information

Introduction to Excel

Introduction to Excel Introduction to Excel This material has been reprinted, with permission, from the Excel Tutorial on the TRIO program webpage of the University of South Dakota. A series of "screencast" videos covering

More information

Chapter 4 Creating Charts and Graphs

Chapter 4 Creating Charts and Graphs Calc Guide Chapter 4 OpenOffice.org Copyright This document is Copyright 2006 by its contributors as listed in the section titled Authors. You can distribute it and/or modify it under the terms of either

More information

EXCEL FINANCIAL USES

EXCEL FINANCIAL USES EXCEL FINANCIAL USES Table of Contents Page LESSON 1: FINANCIAL DOCUMENTS...1 Worksheet Design...1 Selecting a Template...2 Adding Data to a Template...3 Modifying Templates...3 Saving a New Workbook as

More information

Getting Started with Excel 2008. Table of Contents

Getting Started with Excel 2008. Table of Contents Table of Contents Elements of An Excel Document... 2 Resizing and Hiding Columns and Rows... 3 Using Panes to Create Spreadsheet Headers... 3 Using the AutoFill Command... 4 Using AutoFill for Sequences...

More information

Notes on Excel Forecasting Tools. Data Table, Scenario Manager, Goal Seek, & Solver

Notes on Excel Forecasting Tools. Data Table, Scenario Manager, Goal Seek, & Solver Notes on Excel Forecasting Tools Data Table, Scenario Manager, Goal Seek, & Solver 2001-2002 1 Contents Overview...1 Data Table Scenario Manager Goal Seek Solver Examples Data Table...2 Scenario Manager...8

More information

Table of Contents TASK 1: DATA ANALYSIS TOOLPAK... 2 TASK 2: HISTOGRAMS... 5 TASK 3: ENTER MIDPOINT FORMULAS... 11

Table of Contents TASK 1: DATA ANALYSIS TOOLPAK... 2 TASK 2: HISTOGRAMS... 5 TASK 3: ENTER MIDPOINT FORMULAS... 11 Table of Contents TASK 1: DATA ANALYSIS TOOLPAK... 2 TASK 2: HISTOGRAMS... 5 TASK 3: ENTER MIDPOINT FORMULAS... 11 TASK 4: ADD TOTAL LABEL AND FORMULA FOR FREQUENCY... 12 TASK 5: MODIFICATIONS TO THE HISTOGRAM...

More information

Using Excel 2003 with Basic Business Statistics

Using Excel 2003 with Basic Business Statistics Using Excel 2003 with Basic Business Statistics Introduction Use this document if you plan to use Excel 2003 with Basic Business Statistics, 12th edition. Instructions specific to Excel 2003 are needed

More information

APPLYING BENFORD'S LAW This PDF contains step-by-step instructions on how to apply Benford's law using Microsoft Excel, which is commonly used by

APPLYING BENFORD'S LAW This PDF contains step-by-step instructions on how to apply Benford's law using Microsoft Excel, which is commonly used by APPLYING BENFORD'S LAW This PDF contains step-by-step instructions on how to apply Benford's law using Microsoft Excel, which is commonly used by internal auditors around the world in their day-to-day

More information

Creating and Formatting Charts in Microsoft Excel

Creating and Formatting Charts in Microsoft Excel Creating and Formatting Charts in Microsoft Excel This document provides instructions for creating and formatting charts in Microsoft Excel, which makes creating professional-looking charts easy. The chart

More information

Sample Table. Columns. Column 1 Column 2 Column 3 Row 1 Cell 1 Cell 2 Cell 3 Row 2 Cell 4 Cell 5 Cell 6 Row 3 Cell 7 Cell 8 Cell 9.

Sample Table. Columns. Column 1 Column 2 Column 3 Row 1 Cell 1 Cell 2 Cell 3 Row 2 Cell 4 Cell 5 Cell 6 Row 3 Cell 7 Cell 8 Cell 9. Working with Tables in Microsoft Word The purpose of this document is to lead you through the steps of creating, editing and deleting tables and parts of tables. This document follows a tutorial format

More information

ROUND(cell or formula, 2)

ROUND(cell or formula, 2) There are many ways to set up an amortization table. This document shows how to set up five columns for the payment number, payment, interest, payment applied to the outstanding balance, and the outstanding

More information

Enhance The Excel Experience Part I

Enhance The Excel Experience Part I Enhance The Excel Experience Part I Introduction Excel is a powerful tool, but it can make you feel like you need an advanced engineering degree from MIT to master it. With the new features in Excel 2013,

More information

A Quick Guide to Using Excel 2007 s Regression Analysis Tool

A Quick Guide to Using Excel 2007 s Regression Analysis Tool A Quick Guide to Using Excel 2007 s Regression Analysis Tool Table of Contents The Analysis Toolpak... 1 If the Add-In is ALREADY Installed... 1 If the Add-In is NOT ALREADY Installed... 1 Run a Multiple

More information

Information Literacy Program

Information Literacy Program Information Literacy Program Excel (2013) Advanced Charts 2015 ANU Library anulib.anu.edu.au/training ilp@anu.edu.au Table of Contents Excel (2013) Advanced Charts Overview of charts... 1 Create a chart...

More information

Instructions for applying data validation(s) to data fields in Microsoft Excel

Instructions for applying data validation(s) to data fields in Microsoft Excel 1 of 10 Instructions for applying data validation(s) to data fields in Microsoft Excel According to Microsoft Excel, a data validation is used to control the type of data or the values that users enter

More information

As in the example above, a Budget created on the computer typically has:

As in the example above, a Budget created on the computer typically has: Activity Card Create a How will you ensure that your expenses do not exceed what you planned to invest or spend? You can create a budget to plan your expenditures and earnings. As a family, you can plan

More information

Using Excel (Microsoft Office 2007 Version) for Graphical Analysis of Data

Using Excel (Microsoft Office 2007 Version) for Graphical Analysis of Data Using Excel (Microsoft Office 2007 Version) for Graphical Analysis of Data Introduction In several upcoming labs, a primary goal will be to determine the mathematical relationship between two variable

More information

EXCEL SPREADSHEET MANUAL

EXCEL SPREADSHEET MANUAL EXCEL SPREADSHEET MANUAL to accompany MATHEMATICS WITH APPLICATIONS, EIGHTH EDITION and MATHEMATICS WITH APPLICATIONS, FINITE VERSION, EIGHTH EDITION LIAL HUNGERFORD Paula Grafton Young Salem College J.

More information

Microsoft Access Basics

Microsoft Access Basics Microsoft Access Basics 2006 ipic Development Group, LLC Authored by James D Ballotti Microsoft, Access, Excel, Word, and Office are registered trademarks of the Microsoft Corporation Version 1 - Revision

More information

Using Basic Financial and Logical Functions

Using Basic Financial and Logical Functions LESSON 8 Using Basic Financial and Logical Functions 8.1 After completing this lesson, you will be able to: Use the PMT function to forecast loan payments. Calculate cumulative interest. Compute investment

More information

Interactive Excel Spreadsheets:

Interactive Excel Spreadsheets: Interactive Excel Spreadsheets: Constructing Visualization Tools to Enhance Your Learner-centered Math and Science Classroom Scott A. Sinex Department of Physical Sciences and Engineering Prince George

More information

EXCEL PREREQUISITES SOLVING TIME VALUE OF MONEY PROBLEMS IN EXCEL

EXCEL PREREQUISITES SOLVING TIME VALUE OF MONEY PROBLEMS IN EXCEL CHAPTER 3 Smart Excel Appendix Use the Smart Excel spreadsheets and animated tutorials at the Smart Finance section of http://www.cengage.co.uk/megginson. Appendix Contents Excel prerequisites Creating

More information

MICROSOFT EXCEL 2010. Formulas, Functions, & Macros. Documented by Vincent J. Yanusauskas Computer Training Coordinator

MICROSOFT EXCEL 2010. Formulas, Functions, & Macros. Documented by Vincent J. Yanusauskas Computer Training Coordinator MICROSOFT EXCEL 2010 Formulas, Functions, & Macros Documented by Vincent J. Yanusauskas Computer Training Coordinator Introduction This handout was created to familiarize the user with the most common

More information

What is the difference between simple and compound interest and does it really matter?

What is the difference between simple and compound interest and does it really matter? Module gtf1 Simple Versus Compound Interest What is the difference between simple and compound interest and does it really matter? There are various methods for computing interest. Do you know what the

More information

EXCEL 2007. Using Excel for Data Query & Management. Information Technology. MS Office Excel 2007 Users Guide. IT Training & Development

EXCEL 2007. Using Excel for Data Query & Management. Information Technology. MS Office Excel 2007 Users Guide. IT Training & Development Information Technology MS Office Excel 2007 Users Guide EXCEL 2007 Using Excel for Data Query & Management IT Training & Development (818) 677-1700 Training@csun.edu http://www.csun.edu/training TABLE

More information

Microsoft Excel Tutorial

Microsoft Excel Tutorial Microsoft Excel Tutorial Microsoft Excel spreadsheets are a powerful and easy to use tool to record, plot and analyze experimental data. Excel is commonly used by engineers to tackle sophisticated computations

More information

MICROSOFT EXCEL 2010 ANALYZE DATA

MICROSOFT EXCEL 2010 ANALYZE DATA MICROSOFT EXCEL 2010 ANALYZE DATA Microsoft Excel 2010 Essential Analyze data Last Edited: 2012-07-09 1 Basic analyze data... 4 Use diagram to audit formulas... 4 Use Error Checking feature... 4 Use Evaluate

More information

Excel 2007/2010 for Researchers. Jamie DeCoster Institute for Social Science Research University of Alabama. September 7, 2010

Excel 2007/2010 for Researchers. Jamie DeCoster Institute for Social Science Research University of Alabama. September 7, 2010 Excel 2007/2010 for Researchers Jamie DeCoster Institute for Social Science Research University of Alabama September 7, 2010 I d like to thank Joe Chandler for comments made on an earlier version of these

More information

Excel Level Two. Introduction. Contents. Exploring Formulas. Entering Formulas

Excel Level Two. Introduction. Contents. Exploring Formulas. Entering Formulas Introduction Excel Level Two This workshop introduces you to formulas, functions, moving and copying data, using autofill, relative and absolute references, and formatting cells. Contents Introduction

More information

By: Peter K. Mulwa MSc (UoN), PGDE (KU), BSc (KU) Email: Peter.kyalo@uonbi.ac.ke

By: Peter K. Mulwa MSc (UoN), PGDE (KU), BSc (KU) Email: Peter.kyalo@uonbi.ac.ke SPREADSHEETS FOR MARKETING & SALES TRACKING - DATA ANALYSIS TOOLS USING MS EXCEL By: Peter K. Mulwa MSc (UoN), PGDE (KU), BSc (KU) Email: Peter.kyalo@uonbi.ac.ke Objectives By the end of the session, participants

More information

Using Excel for Analyzing Survey Questionnaires Jennifer Leahy

Using Excel for Analyzing Survey Questionnaires Jennifer Leahy University of Wisconsin-Extension Cooperative Extension Madison, Wisconsin PD &E Program Development & Evaluation Using Excel for Analyzing Survey Questionnaires Jennifer Leahy G3658-14 Introduction You

More information

Figure 1. An embedded chart on a worksheet.

Figure 1. An embedded chart on a worksheet. 8. Excel Charts and Analysis ToolPak Charts, also known as graphs, have been an integral part of spreadsheets since the early days of Lotus 1-2-3. Charting features have improved significantly over the

More information

Excel s Business Tools: What-If Analysis

Excel s Business Tools: What-If Analysis Excel s Business Tools: Introduction is an important aspect of planning and managing any business. Understanding the implications of changes in the factors that influence your business is crucial when

More information

Analyzing Excel Data Using Pivot Tables

Analyzing Excel Data Using Pivot Tables NDUS Training and Documentation Analyzing Excel Data Using Pivot Tables Pivot Tables are interactive worksheet tables you can use to quickly and easily summarize, organize, analyze, and compare large amounts

More information

In this example, Mrs. Smith is looking to create graphs that represent the ethnic diversity of the 24 students in her 4 th grade class.

In this example, Mrs. Smith is looking to create graphs that represent the ethnic diversity of the 24 students in her 4 th grade class. Creating a Pie Graph Step-by-step directions In this example, Mrs. Smith is looking to create graphs that represent the ethnic diversity of the 24 students in her 4 th grade class. 1. Enter Data A. Open

More information

Using Analysis Tools: Goal Seek, Solver, and Data Tables

Using Analysis Tools: Goal Seek, Solver, and Data Tables CHAPTER Using Analysis Tools: Goal Seek, Solver, and Data Tables In this chapter Analyzing Your Data with Excel 646 Using Goal Seek 646 Using Solver 650 Creating Amortization Tables to Calculate Mortgage

More information

SECTION 2-1: OVERVIEW SECTION 2-2: FREQUENCY DISTRIBUTIONS

SECTION 2-1: OVERVIEW SECTION 2-2: FREQUENCY DISTRIBUTIONS SECTION 2-1: OVERVIEW Chapter 2 Describing, Exploring and Comparing Data 19 In this chapter, we will use the capabilities of Excel to help us look more carefully at sets of data. We can do this by re-organizing

More information

Introduction to SPSS 16.0

Introduction to SPSS 16.0 Introduction to SPSS 16.0 Edited by Emily Blumenthal Center for Social Science Computation and Research 110 Savery Hall University of Washington Seattle, WA 98195 USA (206) 543-8110 November 2010 http://julius.csscr.washington.edu/pdf/spss.pdf

More information

MBA Quantitative Methods PC-Exercises Introductory Examples

MBA Quantitative Methods PC-Exercises Introductory Examples MBA Quantitative Methods PC-Exercises Introductory Examples intro.xls intro_with_output.xls intro.doc For all Examples you need the file intro.xls. The file intro_with_output.xls is the file with the results

More information

Introduction to Statistical Computing in Microsoft Excel By Hector D. Flores; hflores@rice.edu, and Dr. J.A. Dobelman

Introduction to Statistical Computing in Microsoft Excel By Hector D. Flores; hflores@rice.edu, and Dr. J.A. Dobelman Introduction to Statistical Computing in Microsoft Excel By Hector D. Flores; hflores@rice.edu, and Dr. J.A. Dobelman Statistics lab will be mainly focused on applying what you have learned in class with

More information

Microsoft Using an Existing Database Amarillo College Revision Date: July 30, 2008

Microsoft Using an Existing Database Amarillo College Revision Date: July 30, 2008 Microsoft Amarillo College Revision Date: July 30, 2008 Table of Contents GENERAL INFORMATION... 1 TERMINOLOGY... 1 ADVANTAGES OF USING A DATABASE... 2 A DATABASE SHOULD CONTAIN:... 3 A DATABASE SHOULD

More information

Plots, Curve-Fitting, and Data Modeling in Microsoft Excel

Plots, Curve-Fitting, and Data Modeling in Microsoft Excel Plots, Curve-Fitting, and Data Modeling in Microsoft Excel This handout offers some tips on making nice plots of data collected in your lab experiments, as well as instruction on how to use the built-in

More information

Instructions for creating a data entry form in Microsoft Excel

Instructions for creating a data entry form in Microsoft Excel 1 of 5 You have several options when you want to enter data manually in Excel. You can enter data in one cell, in several cells at the same time, or on more than one worksheet (worksheet/spreadsheet: The

More information

Bill Burton Albert Einstein College of Medicine william.burton@einstein.yu.edu April 28, 2014 EERS: Managing the Tension Between Rigor and Resources 1

Bill Burton Albert Einstein College of Medicine william.burton@einstein.yu.edu April 28, 2014 EERS: Managing the Tension Between Rigor and Resources 1 Bill Burton Albert Einstein College of Medicine william.burton@einstein.yu.edu April 28, 2014 EERS: Managing the Tension Between Rigor and Resources 1 Calculate counts, means, and standard deviations Produce

More information

MICROSOFT EXCEL 2007-2010 FORECASTING AND DATA ANALYSIS

MICROSOFT EXCEL 2007-2010 FORECASTING AND DATA ANALYSIS MICROSOFT EXCEL 2007-2010 FORECASTING AND DATA ANALYSIS Contents NOTE Unless otherwise stated, screenshots in this book were taken using Excel 2007 with a blue colour scheme and running on Windows Vista.

More information

STC: Descriptive Statistics in Excel 2013. Running Descriptive and Correlational Analysis in Excel 2013

STC: Descriptive Statistics in Excel 2013. Running Descriptive and Correlational Analysis in Excel 2013 Running Descriptive and Correlational Analysis in Excel 2013 Tips for coding a survey Use short phrases for your data table headers to keep your worksheet neat, you can always edit the labels in tables

More information

How To Use Excel 4.4.2.2 On A Computer Or A Computer With A Cell Phone Or Cell Phone

How To Use Excel 4.4.2.2 On A Computer Or A Computer With A Cell Phone Or Cell Phone M04_GASK8219_01_SE_C04E.qxd 6/30/10 7:53 AM Page 241 chapter 4 Excel 2010 Use Financial and Lookup Functions, Define Names, and Validate Data OUTCOMES At the end of this chapter you will be able to: PROJECT

More information

Introduction to Microsoft Excel 2010

Introduction to Microsoft Excel 2010 Introduction to Microsoft Excel 2010 Screen Elements Quick Access Toolbar The Ribbon Formula Bar Expand Formula Bar Button File Menu Vertical Scroll Worksheet Navigation Tabs Horizontal Scroll Bar Zoom

More information

Spreadsheet. Parts of a Spreadsheet. Entry Bar

Spreadsheet. Parts of a Spreadsheet. Entry Bar Spreadsheet Parts of a Spreadsheet 1. Open the AppleWorks program. Select spreadsheet. 2. Explore the spreadsheet setup for a while. Active Cell Address Entry Bar Column Headings Row Headings Active Cell

More information

STATEMENT OF TRANSACTION REPORT ANALYSIS USING EXCEL

STATEMENT OF TRANSACTION REPORT ANALYSIS USING EXCEL STATEMENT OF TRANSACTION REPORT ANALYSIS USING EXCEL Excel can be used to analyze the MCPS Statement of Transaction EXCEL Report Selected Fields to more easily track expenses through the procurement cycle.

More information

A Guide to Using Excel in Physics Lab

A Guide to Using Excel in Physics Lab A Guide to Using Excel in Physics Lab Excel has the potential to be a very useful program that will save you lots of time. Excel is especially useful for making repetitious calculations on large data sets.

More information

To create a histogram, you must organize the data in two columns on the worksheet. These columns must contain the following data:

To create a histogram, you must organize the data in two columns on the worksheet. These columns must contain the following data: You can analyze your data and display it in a histogram (a column chart that displays frequency data) by using the Histogram tool of the Analysis ToolPak. This data analysis add-in is available when you

More information

How to Use a Data Spreadsheet: Excel

How to Use a Data Spreadsheet: Excel How to Use a Data Spreadsheet: Excel One does not necessarily have special statistical software to perform statistical analyses. Microsoft Office Excel can be used to run statistical procedures. Although

More information

Systems Dynamics Using Vensim Personal Learning Edition (PLE) Download Vensim PLE at http://vensim.com/freedownload.html

Systems Dynamics Using Vensim Personal Learning Edition (PLE) Download Vensim PLE at http://vensim.com/freedownload.html Systems Dynamics Using Personal Learning Edition (PLE) Download PLE at http://vensim.com/freedownload.html Quick Start Tutorial Preliminaries PLE is software designed for modeling one or more quantities

More information

Task Force on Technology / EXCEL

Task Force on Technology / EXCEL Task Force on Technology EXCEL Basic terminology Spreadsheet A spreadsheet is an electronic document that stores various types of data. There are vertical columns and horizontal rows. A cell is where the

More information

WHAT S NEW IN MS EXCEL 2013

WHAT S NEW IN MS EXCEL 2013 Contents Excel... 1 Filling empty cells using Flash Fill... 1 Filtering records using a Timeline... 2 Previewing with Quick Analysis... 4 Using Chart Advisor recommendations... 5 Finding errors and issues

More information

USING EXCEL ON THE COMPUTER TO FIND THE MEAN AND STANDARD DEVIATION AND TO DO LINEAR REGRESSION ANALYSIS AND GRAPHING TABLE OF CONTENTS

USING EXCEL ON THE COMPUTER TO FIND THE MEAN AND STANDARD DEVIATION AND TO DO LINEAR REGRESSION ANALYSIS AND GRAPHING TABLE OF CONTENTS USING EXCEL ON THE COMPUTER TO FIND THE MEAN AND STANDARD DEVIATION AND TO DO LINEAR REGRESSION ANALYSIS AND GRAPHING Dr. Susan Petro TABLE OF CONTENTS Topic Page number 1. On following directions 2 2.

More information

Excel Project 4. 1. From the Start menu select New Office Document. If necessary, click the General tab and then double-click Blank workbook.

Excel Project 4. 1. From the Start menu select New Office Document. If necessary, click the General tab and then double-click Blank workbook. Excel Project 4 Two of the more powerful aspects of Excel are its wide array of functions and its capability to organize answers to what-if questions. In earlier projects you were introduced to several

More information

1. Go to your programs menu and click on Microsoft Excel.

1. Go to your programs menu and click on Microsoft Excel. Elementary Statistics Computer Assignment 1 Using Microsoft EXCEL 2003, follow the steps below. For Microsoft EXCEL 2007 instructions, go to the next page. For Microsoft 2010 and 2007 instructions with

More information

Microsoft Excel Tips & Tricks

Microsoft Excel Tips & Tricks Microsoft Excel Tips & Tricks Collaborative Programs Research & Evaluation TABLE OF CONTENTS Introduction page 2 Useful Functions page 2 Getting Started with Formulas page 2 Nested Formulas page 3 Copying

More information

Introduction to Microsoft Access 2003

Introduction to Microsoft Access 2003 Introduction to Microsoft Access 2003 Zhi Liu School of Information Fall/2006 Introduction and Objectives Microsoft Access 2003 is a powerful, yet easy to learn, relational database application for Microsoft

More information

Kingsoft Spreadsheet 2012

Kingsoft Spreadsheet 2012 Kingsoft Spreadsheet 2012 Kingsoft Spreadsheet is a flexible and efficient commercial spreadsheet application. It is widely used by professionals in many fields such as: Business, Finance, Economics and

More information

Excel Working with Data Lists

Excel Working with Data Lists Excel Working with Data Lists Excel Working with Data Lists Princeton University COPYRIGHT Copyright 2001 by EZ-REF Courseware, Laguna Beach, CA http://www.ezref.com/ All rights reserved. This publication,

More information

Q&As: Microsoft Excel 2013: Chapter 2

Q&As: Microsoft Excel 2013: Chapter 2 Q&As: Microsoft Excel 2013: Chapter 2 In Step 5, why did the date that was entered change from 4/5/10 to 4/5/2010? When Excel recognizes that you entered a date in mm/dd/yy format, it automatically formats

More information

Computer Training Centre University College Cork. Excel 2013 Pivot Tables

Computer Training Centre University College Cork. Excel 2013 Pivot Tables Computer Training Centre University College Cork Excel 2013 Pivot Tables Table of Contents Pivot Tables... 1 Changing the Value Field Settings... 2 Refreshing the Data... 3 Refresh Data when opening a

More information

A Quick Tour of F9 1

A Quick Tour of F9 1 A Quick Tour of F9 1 Table of Contents I. A Quick Tour of F9... 3 1. Getting Started... 3 2. Quick Trial Balance... 7 3. A More Dynamic Table Report... 10 II. The Fundamental F9 Formula... 14 The GL Formula...

More information

How To Use Excel With A Calculator

How To Use Excel With A Calculator Functions & Data Analysis Tools Academic Computing Services www.ku.edu/acs Abstract: This workshop focuses on the functions and data analysis tools of Microsoft Excel. Topics included are the function

More information