Excel Skills Simplified: Tutorials That Actually Work
Variance refers to how widely data sets are scattered around their mean value and is a fundamental concept in statistics. In this comprehensive guide on variance estimator in Excel, you’ll learn how to calculate a variance estimator using the VAR.P, VAR.S, VARA, and VARPA functions—powerful tools for measuring both population and sample variance in your data analysis and statistical modeling.
DAX expressions (Data Analysis Expressions) is the formal language for writing formulas in Power Bi, Power Pivot and in Excel data models. This language is made up of functions, constants, and operators.
You can use DAX to define custom calculations for Calculated Columns and for Measures (also known as calculated fields). It also allows you to calculate values, create relationships between tables, and more.
CUBEMEMBER is a function that returns a member or tuple from the cube, it is used to validate that the member or tuple exists in the cube. If the value doesn’t exist, the formula will not work.
In this Excel tutorial, you can learn how to calculate COGS in Excel.
In this Excel tutorial you will learn how to perform Monte Carlo simulation in Excel to evaluate risk and forecast outcomes. By using Monte Carlo simulation in Excel, you’ll discover how to model uncertainty in financial models, project management, and forecasting with realistic probability-based scenarios.
When you think of Excel, chances are you first think of lists of data, charts, and tables. While Excel is an excellent spreadsheet tool that allows you to capture and visualize data, it’s also a tool that you can use for other practical purposes in your home or business.
You can create mailing labels from Excel data by using the Mail Merge feature in Microsoft Word. Mail Merge allows you to merge a list of data from an Excel spreadsheet into a set of mailing labels in Word.
Least Squares Fit is a statistical method that is used to find the line of best fit for a set of data points. The line of best fit is a line that is closest to all the data points and is used to predict the value of a dependent variable based on the value of an independent variable. In Microsoft Excel, you can calculate a Least Squares Fit using the LINEST function.
In this Excel tutorial, you will learn how to check for prime numbers in Excel using array formulas, MOD functions, and conditional formatting techniques.
In this Excel tutorial, you will learn how to calculate the MACD indicator in Excel using exponential moving averages and create trading signals for technical analysis.
The Moving Average Convergence Divergence (MACD) indicator is a popular technical analysis tool used in stock trading and other financial markets to identify potential buy and sell signals. The MACD is calculated as the difference between two moving averages, the 26-day exponential moving average (EMA) and the 12-day EMA, and is often plotted along with a 9-day EMA of the MACD line, known as the signal line.
Here’s how to calculate the MACD indicator in Microsoft Excel: