Excel: Quartile

Please see me my other Excel articles. Understanding Inter-Medians As illustrated in my Median article (link) – understanding the median on a data set provides a helpful concept to know the value within the middle of all values of the data set. This article with illustrate median values within various divisions of the data set,…

Central Tendency – Mode

Please see my other Statistics articles. Describing Central Tendency of Data Descriptive statistics is concerned with summarizing data using measurements. Here’s an example of descriptive statistics using the following data set: There are 20 statistics classes at a university for which all the ages of the students in one class have been collected – a…

Excel: Central Tendency – Mean

Please see me my other Excel articles. Describing Central Tendency of Data Descriptive statistics is concerned with summarizing data using measurements. Here’s an example of descriptive statistics using the following data set: There are 20 statistics classes at a university for which all the ages of the students in one class have been collected –…

Excel

Please see my other Business Intelligence articles. Leveraging Excel to deliver analytics.   CHARTS Chart: Area Chart: Bar Chart: Bar – Clustered Chart: Bar – Stacked Chart: Bar – Vertical Chart: Bubble Chart: Histogram Chart: Histogram – Frequency Polygon Chart: Histogram – Relative Frequency Chart: Line Chart: Ogive Chart: Pie Chart: Stem & Leaf Plots…

Excel: VLookUp

Creating a list lookup. Many Excel spreadsheets contain data spread across many different worksheets and in collaboratively work environments, worksheets are shared among coworkers. The result of this data separation is that sometimes a scenarios arises when critical data is needed but unavailable by the current spreadsheet. To overcome this limitation, I will use the…

Excel: Solver

Automate scenario analysis of constraints to achieve goals. Product management leverages numerous factors to achieve optimal success with product outcomes such as constraints (limitations upon resources) and decisions decisions on those constraints. Optimization allows team members to influence certain decisions about constraints, delivering differing results according to the team strategy. In this article, I will…

Excel: Optimization

Automate scenario analysis of constraints to achieve goals. Product management leverages numerous factors to achieve optimal success with product outcomes such as constraints (limitations upon resources) and decisions decisions on those constraints. Optimization allows team members to influence certain decisions about constraints, delivering differing results according to the team strategy. In this article, I will…

Statistics: Charts

Please see my other Statistics articles. Choosing the Correct Method to Intuitively Communicate Data Patterns. Many options exist to intuitively communicate patterns in data for enable strategic decision-making. The following table recommends charts depending on your goals. Chart Purpose Example Bar Chart Simplest method for summarizing data, especially for a smaller number of categories and…