Everyday FunctionsPost 1
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Everyday Functions
What sorts of data and functions do you already use in your day-to-day life that would benefit from automatic calculation in an Excel spreadsheet? Create a post in which you identify one or two ideas. Describe the analytical problem you're trying to address and how you think Excel would help you do so better.
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There are many pools of data and functions that are used in my day-to-day life. How much of normal everyday life can be calculated and analyzed? I would assume a good portion of that and
I look forward to gathering the skills needed to gather that data, organize it and find use of that information. The two that stick out to me are the family calendar and our personal finances. The analytical problem for the family calendar that I would like Excel to solve for would be time management. Our family has many activities and events that need to be accounted for on any day. In addition to those commitments that are the family tasks that need to be completed.
Such as household chores, homework, and practicing. How could we use our time between other commitments to accomplish these tasks. I think Excel could help identify which tasks could be accomplished in the allotted times within the calendar. My assumption would be that the project time effort for each task would first need to be identified along with the other variables for the allotted times.
For our personal finances, I would think Excel would be an ideal tool to help solve for understanding what is coming in versus what is being paid out. The problem I would like help solving would be areas of opportunity to cut expenses and where are the areas of greatest financial drain. I believe Excel has formulas that could help calculate these areas of opportunity in our family finances. Thank you,
Erin Schebler
I am a newer business analyst and one of the many topics I have been asked to review is sales data. This sales data can be overwhelming. It will include many different variables including quantity, market segment and plan demographics. I would want to understand any patterns and
visualize the best way to define these groups within the data. In addition to the valuable functions we learned, for example sum and copying data into new cells, using VLOOKUP can help organizing this sales data. I originally found this to be a daunting task but with the skills I am building through this class, I know have a foundation of how to organize the data in a more visually appealing way.
Thank you,
Erin Schebler
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