By Wayne Winston

Grasp company modeling and research suggestions with Microsoft Excel 2013, and rework info into bottom-line effects. Written by way of award-winning educator Wayne Winston, this hands-on, scenario-focused consultant exhibits you the way to take advantage of the newest Excel instruments to combine information from a number of tables—and tips to successfully construct a relational information resource inside of an Excel workbook.
Solve actual company issues of Excel—and sharpen your edge
Summarize info with PivotTables and Descriptive Statistics.
Explore new developments in predictive and prescriptive analytics.
Use Excel pattern Curves, a number of regression, and exponential smoothing.
Master complicated Excel capabilities corresponding to OFFSET and INDIRECT.
Delve into key monetary, statistical, and time functions.
Make your charts greater with the ability View tool.
Tame complicated optimization issues of Excel Solver.
Run Monte Carlo simulations on inventory costs and bidding models.
Apply very important modeling instruments akin to the Inquire add-in.

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Extra info for Microsoft Excel 2013 Data Analysis and Business Modeling

Sample text

Note that cell F4 now contains the =10000–300*price formula, and cell F7 contains the =demand*(price–unit_cost)– fixed_cost formula, as you wanted. By the way, if you want the range names to apply to the entire worksheet, select the entire worksheet by clicking the Select All button at the intersection of the column and row headings. How can I paste a list of all range names (and the cells they represent) into my worksheet? Press F3 to open the Paste Name box and then click the Paste List button.

In Excel 2013, there is an easy way to edit or delete your range names. Open Name Manager by selecting the Formulas tab and then click Name Manager from the menu shown in Figure 1-6. You now see a list of all range names. xlsx file, the Name Manager dialog box will look like Figure 1-10. To edit any range name, double-click the range name or select the range name and click Edit; you can then change the name of the range, the cells the range refers to, or the scope of the range. To delete any subset of range names, first select the range names you want to delete.

Year 0 cash flow (–Initial_investment) is entered in cell B5. Year 1 cash flow (Year_1_cf) is entered in cell B6. Copying the B6*(1+Growth) formula from B7 to B8:B20 computes the cash flow for Year 2 through Year 15. To compute the Year 0 cumulative cash flow, use the B5 formula in cell C5. For later years, you can calculate cumulative cash flow by using a formula such as Year t cumulative cash flow=Year t–1 cumulative cash flow+Year t cash flow. To implement this relationship, copy the =C5+B6 formula from C6 to C7:C20.

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