Analyse data using scenarios and goal seek

Cards (13)

  • Analysing data is the process to extract useful information for making effective decisions
  • You need to check the following before consolidating data.
    • Open each sheet in the spreadsheet and check that the data types must match which you want to consolidate.
    • Match the labels from all the sheets which are used for consolidating.
    • Enter the first column as the primary column on the basis of which the data is to be consolidated.
  • Choose Data > Consolidate option that will open Consolidate dialog
  • the default function is sum
  • Group and Outline in Calc is used to create an outline of the selected data and can group rows and columns together so that one can collapse (-) to hide it or expand (+) it using a single click on it.
  • The Subtotal tool in Calc creates the group automatically and applies common functions like sum, average on the grouped data.
  • Menu for subtotals:
    Data>Subtotals
  • What-if scenario is a set of values that can be used within the calculations in the spreadsheet
  • What if scenario is used to explore and compare various alternatives depending on changing conditions.
  • For scenarios, choose tools menu
  • What-if tool uses Data > Multiple Operations and
    is a planning tool for what-if questions
  • Goal seek helps in finding out the input for the specific output.
  • Place the cursor in the formula cell, choose Tools > Goal Seek.