The Data Table is an old and somewhat neglected Excel option that allows you to see the results of applying different scenarios within a table. For a given formula and criteria, it returns alternative values of that formula. Criteria can be drawn from rows or columns, and there is the possibility of a report containing two groups of criteria. This is perhaps a better tool than a scenario if we perform simpler analyzes …
Forecast Sheet is an option used to calculate trends using specific forecasting functions. This is the Excel 2016 novelty. Based on the data provided for the appropriate time period, future values are forecasted and the lower and upper confidence interval is calculated. The calculated values are shown in the table along with a graph showing trends in data movement.
Goal Seek is one of the What-If tools used to calculate how much to change an argument of a formula, or argument that indirectly affects to it, in order to get a certain result. This is a simple option that can be used, for example, to calculate the sales price of the item that is needed to reach the desired sales level. Learn about the Goal Seek option in the text that follows …
One of the What-If analysis tools are Data tables. It is an option that allows the formula’s arguments to be taken from the rows or columns of a specially formed table and thus automatically populated. In practice, this option is not used as often, but it can be handy when we use functions that have more arguments to see the value of the results depending on the change of arguments.
Pivot charts have almost all properties as standard charts that are used to visualize reporting data. They are specific in that they are always in relation to the Pivot table on the basis of which they were created or by some other data source (Data Model). Changing data in the Pivot table, e.g. by adding a new report dimension, the Pivot chart is automatically updated. You can find out more about Pivot Charts in the text that follows …