An auto-update chart range or a dynamic chart range is a chart range that automatically updates every time the data source is changed. This type of data range is commonly used where the data source is likely to change frequently. As the chart range auto-updates, the chart also updates automatically. In this post, we will
In Excel, Calculation refers to the process of computing formulas and displaying the results in the selected cells. Microsoft Excel recalculates the formula when new values are added to the cells. The auto calculation feature in Excel allows users to calculate and generate accurate solutions to the formulas quickly. Let us discuss ways of using
A percentage results after dividing the numerator by the denominator and multiplying by 100. That is, (numerator/denominator)*100. The process of calculating percentages manually may be challenging and complicated. Thankfully, Microsoft Excel has eased and automated calculating the percentage of a given dataset. This post will discuss common ways of calculating percentages automatically in Excel. Using
Standard Deviation is the measure of the dispersion of the dataset. Standard Deviation shows the range of how much the data deviates from the mean of the dataset. Calculating the Standard Deviation of a given dataset has proved to be tedious and time-consuming. Excel has automated calculating the Standard Deviation of a given dataset. In
Calculating compound interest is a crucial task that most financial investors need to know. Unlike simple interest, compound interest can earn more money at the end of the borrowing or investment period. Compound interest constitutes the original interest and all interests charged on the accrued principal value. To get compound interest for an investment, an
To start it all up, loan amortization is a fancy way to define a loan that is paid back in installments throughout the entire term of the loan. So, all loans are amortized in nature in one way or another. To elaborate all this in a simpler method let me give you an example; if
Have you ever wondered how you could calculate the age of a number of people in a short period of time? Well, excel simplifies this task for you. Since calculating age goes hand in hand with dates and numbers in excel, it is easier to calculate age when you follow a few steps. It is
Variance is a measure of distance between numbers in a data set. Its measures the distance difference each number is from the mean. This distance is also known as the error term in which the variance is measured. It's very easy to calculate variance in Excel if you have all the data set already entered
Excel is a powerful statistical tool. It can be used to calculate various statistics problems. Finding a correlation between two data series is a common statistical calculation that many statistical analysts come across. To solve these calculations, various methods are used. Using Excel to calculate correlation problems has proven to be one of the simplest
Every employer would like to track the hours worked by his employees. However, this may be challenging and time-consuming if manual methods are used. Luckily, Excel allows its users to calculate the working hours for someone using some in-built functions. This has greatly simplified the process of tracking employees' working duration. Below are some tips