Excel Skills Simplified: Tutorials That Actually Work
Tornado diagrams, or tornado charts, are modified versions of bar charts and are also one of the classic tools of sensitivity analysis used by decision makers to get a quick overview of the risks involved. In other words, a tornado diagram or chart shows a financial analysis for a project.
Regression analysis is a powerful statistical tool used to analyze and model the relationships between variables. It allows us to understand how changes in independent variables affect the value of a dependent variable.
We will explore how to perform regression analysis in Microsoft Excel, specifically focusing on linear and multiple regression models.
A petal chart, also known as a star chart, is a type of radar chart that plots the values of each category along a separate axis that starts in the center of the chart and ends at the outer ring. Petal charts are useful for comparing multiple values across multiple categories.
The term MIRR (Modified Internal Rate of Return) is commonly used in corporate financial or financial management to indicate the profitability of an investment, and is therefore commonly used in making business decisions when choosing between investments. The MIRR calculation uses a series / payment schedule (which includes the initial outflow along with net income / gains), when calculating the MIRR of interest capitalization, it is assumed that the Net Present Value of the investment is zero.
In this Excel lesson, you will learn how to create a Wind Rose chart in an Excel spreadsheet.
In this Excel tutorial, you’ll learn how to transform a static chart into a dynamic chart that updates automatically based on your data. Dynamic charts in Excel are useful when you need charts that update automatically when your data changes or expands.
Logarithms and inverse logarithms are mathematical functions that are used in many different fields, including mathematics, engineering, and finance. We will teach you how to calculate logarithms and inverse logarithms in Excel.