Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
0% found this document useful (0 votes)
4 views

BA Notes 2

Methods, Models, and Decisions,” James R. Evans, Pearson Publications, Second edition
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
4 views

BA Notes 2

Methods, Models, and Decisions,” James R. Evans, Pearson Publications, Second edition
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

1.

Analytics on spreadsheets:
Following are the high- level Analytical functions in excel.

Basic Functions Min, Max, Sum, Average, Count, Countif, CountA,


Descriptive Statistics Basic statistics like mean, median, mode, range, standard deviation,
and variance.

Pivot Tables Summarizes data and makes it easier to see patterns and trends.

Conditional Highlights data points based on specific criteria, making patterns


Formatting and outliers more visible.

Data Filtering Allows users to view specific subsets of data by setting criteria.
Charts and Graphs Charts and Graphs
*Note: We will learn about a lot of other techniques like Regression and Forecasting in coming chapters which
can be implemented in excel, however the above are the basic analytics in Excel.

Copy of Project Data


Analysis.xlsx
For Practice:

2. Excel functions for Database queries


Following are the excel functions for working with the data in database.

DSUM Adds the numbers in a field (column) of records in a database that match
conditions you specify.
DCOUNT Counts the cells that contain numbers in a field (column) of records in a
database that match the conditions you specify.
DCOUNTA Counts the non-blank cells in a field (column) of records in a database that
match the conditions you specify.
DGET Extracts a single value from a field (column) of a database that matches
the conditions you specify.
DAVERAGE Calculates the average of the numbers in a field (column) of records in a
database that match the conditions you specify.
DPRODUCT Multiplies the values in a field (column) of records in a database that
match the conditions you specify.
DMIN Returns the smallest number in a field (column) of records in a database
that match the conditions you specify.
DMAX Returns the largest number in a field (column) of records in a database
that match the conditions you specify.
DVAR Estimates the variance of a population based on a sample by using the
numbers in a field (column) of records in a database that match the
conditions you specify.
DSTDEV Estimates the standard deviation of a population based on a sample by
using the numbers in a field (column) of records in a database that match
the conditions you specify.

Ramaraju Poosapati Business Analytics For year 2024 1


3. Add-ons for Business Analytics.
VLOOKUP Searches for a value in the first column of a range and returns a
value in the same row from a specified column.
HLOOKUP Searches for a value in the first row of a range and returns a value in
the same column from a specified row.
INDEX Returns the value of a cell in a specified row and column of a range
MATCH Searches for a specified value in a range and returns the relative
position of that item.
LOOKUP Searches for a value in a one-row or one-column range and returns a
value in the same position from another one-row or one-column
range.
OFFSET Returns a reference to a range that is a specified number of rows
and columns from a cell or range of cells.
CHOOSE Returns a value from a list of values based on a specified index
number.
FILTER Filters a range of data based on criteria and returns the matching
records.
SUMIFS Adds the cells specified by a given set of conditions or criteria.
COUNTIFS Counts the number of cells that meet a set of multiple criteria.

4. Data Visualization
Data visualization refers to the graphical representation of information and data using visual elements
like charts, graphs, and maps. It Simplifies complex data to make it easier to understand, identify
patterns, trends, and outliers. It helps to enhances data comprehension and facilitates quick decision-
making.

Following are few commonly used visualization techniques.

Bar Charts: Compare different categories or track changes over time.


Line Graphs: Show trends over time or continuous data.
Pie Charts: Display proportions of a whole, useful for categorical data.
Histograms: Show the distribution of a dataset.
Scatter Plots: Identify relationships or correlations between variables.
Heatmaps: Represent data values with colour to show the intensity of data points.

Ramaraju Poosapati Business Analytics For year 2024 2

You might also like