Welcome to week four.

The bigger data sets become,

the harder it gets to extract any meaningful business
intelligence from them. Managers have to prepare and present reports based on their
data on a regular basis. They can do this by creating
dashboards that sum up data and adding charts that illustrate results and
trends. After last week, Uma can now easily
create functions using named ranges. However, her spreadsheets are so large that
she finds it difficult
to extract meaningful information. Uma wants to learn functions that help
her extract summary information from data, such as which sales manager
is performing the best. She's also looking for graphical
summaries of her database state, so that she can see how her data
might trend into the future. Excel offers a number of powerful
functions for counting and summarizing data as a whole as
well as based on certain criteria. While these functions are more advanced, named
ranges from last week will allow
us to handle these functions with ease. In the first half of this week, we will
focus on functions that
help us to summarize data and we will add another layer by adding
criteria to those functions. The second half of this week, we will
focus on how we can illustrate summaries through the use of Sparklines,
Advanced Charts, and Trendlines. You know what to do,
practice makes permanent. So watch the videos, work through
the quizzes, the practice challenges, and the toolbox. You'll become a master of
reporting
from big data sets in no time. But first up, let's sit down with Nikki
and take a look at these more advanced, but super useful functions in depth.
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