Master business modeling and analysis techniques with Microsoft Excel and Office 365 and transform data into bottom-line results. Written by award-winning educator Wayne Winston, this hands-on, scenario-focused guide helps you use Excel to ask the right questions and get accurate, actionable answers. A lot has changed in Office 365 since the previous edition. This new edition covers new functions (STOCKHISTORY, LET, LAMBDA, XLOOKUP) and new array functions. It also covers the new Data types that have been added. Finally, we've increased the coverage of Power Pivot , Macros, and Power Query.
Author(s): Winston, Wayne
Edition: 7
Year: 2021
Language: English
Commentary: Master business modeling and analysis techniques with Microsoft Excel and Office 365, transform data into bottom-line results
Pages: 1168
Tags: Master business modeling and analysis techniques with Microsoft Excel and Office 365, transform data into bottom-line results
Cover Page
Title Page
Copyright Page
Pearson’s Commitment to Diversity, Equity, and Inclusion
Dedication
Contents at a Glance
Contents
About the Author
Introduction
What you should know before reading this book
How to use this book
What’s New in this Edition
Downloads
Acknowledgments
Chapter 1 Basic worksheet modeling
Answers to this chapter’s questions
Problems
Chapter 2 Range names
How can I create named ranges?
Answers to this chapter’s questions
Remarks
Problems
Chapter 3 Lookup functions
Syntax of the lookup functions
Answers to this chapter’s questions
Problems
Chapter 4 The INDEX function
Syntax of the INDEX function
Answers to this chapter’s questions
Problems
Chapter 5 The MATCH function
Syntax of the MATCH function
Answers to this chapter’s questions
Problems
Chapter 6 Text functions and Flash Fill
Text function syntax
Answers to this chapter’s questions
Problems
Chapter 7 Dates and date functions
Answers to this chapter’s questions
Problems
Chapter 8 The net present value functions: NPV and XNPV
Answers to this chapter’s questions
Problems
Chapter 9 The internal rate of return: IRR, XIRR, and MIRR functions
Answers to this chapter’s questions
Problems
Chapter 10 More Excel financial functions
Answers to this chapter’s questions
Problems
Chapter 11 Circular references
Answers to this chapter’s questions
Problems
Chapter 12 IF, IFERROR, IFS, CHOOSE, SWITCH, and the IS functions
Answers to this chapter’s questions
Problems
Chapter 13 Time and time functions
Answers to this chapter’s questions
Problems
Chapter 14 The Paste Special command
Answers to this chapter’s questions
Problems
Chapter 15 Three-dimensional formulas and hyperlinks
Answers to this chapter’s questions
Problems
Chapter 16 The auditing tool and the Inquire add-in
Excel auditing options
Answers to this chapter’s questions
Problems
Chapter 17 Sensitivity analysis with data tables
Answers to this chapter’s questions
Problems
Chapter 18 The Goal Seek command
Answers to this chapter’s questions
Problems
Chapter 19 Using the Scenario Manager for sensitivity analysis
Answer to this chapter’s question
Remarks
Problems
Chapter 20 The COUNTIF, COUNTIFS, COUNT, COUNTA, and COUNTBLANK functions
Answers to this chapter’s questions
Remarks
Problems
Chapter 21 The SUMIF, AVERAGEIF, SUMIFS, AVERAGEIFS, MAXIFS, and MINIFS functions
Answers to this chapter’s questions
Problems
Chapter 22 The OFFSET function
Answers to this chapter’s questions
Remarks
Problems
Chapter 23 The INDIRECT function
Answers to this chapter’s questions
Problems
Chapter 24 Conditional formatting
Answers to this chapter’s questions
Problems
Chapter 25 Excel tables and table slicers
Answers to this chapter’s questions
Problems
Chapter 26 Spin buttons, scrollbars, option buttons, check boxes, combo boxes, and group list boxes
Answers to this chapter’s questions
Problems
Chapter 27 Importing data from a text file or document
Answers to this chapter’s question
Problems
Chapter 28 The Power Query Editor
Answers to this chapter’s questions
Problems
Chapter 29 Excel’s new data types
Answers to this chapter’s questions
Problems
Chapter 30 Summarizing data with histograms and Pareto charts
Answers to this chapter’s questions
Problems
Chapter 31 Summarizing data with descriptive statistics
Answers to this chapter’s questions
Problems
Chapter 32 Sorting in Excel
Answers to this chapter’s questions
Problems
Chapter 33 Filtering data and removing duplicates
Answers to this chapter’s questions
Problems
Chapter 34 Summarizing data with database statistical functions
Answers to this chapter’s questions
Problems
Chapter 35 Array formulas and functions
Answers to this chapter’s questions
Problems
Chapter 36 Excel’s new dynamic array functions
Answers to this chapter’s questions
Problems
Chapter 37 Validating data
Answers to this chapter’s questions
Remarks
Problems
Chapter 38 Using PivotTables and slicers to describe data
Answers to this chapter’s questions
Problems
Chapter 39 The Data Model
Answers to this chapter’s questions
Problems
Chapter 40 Power Pivot
Answers to this chapter’s questions
Problems
Chapter 41 Consolidating data
Answer to this chapter’s question
Problems
Chapter 42 Creating subtotals
Answers to this chapter’s questions
Problems
Chapter 43 Basic charting
Answers to this chapter’s questions
Problems
Chapter 44 Advanced charting
Answers to this chapter’s questions
Problems
Chapter 45 Filled and 3D Maps
Questions answered in this chapter
Problems
Chapter 46 Sparklines
Answers to this chapter’s questions
Problems
Chapter 47 Estimating straight-line relationships
Answers to this chapter’s questions
Problems
Chapter 48 Modeling exponential growth
Answers to this chapter’s questions
Problems
Chapter 49 The power curve
Answers to this chapter’s questions
Problems
Chapter 50 Using correlations to summarize relationships
Answers to this chapter’s questions
Problems
Chapter 51 Introduction to multiple regression
Answers to this chapter’s questions
Problems
Chapter 52 Incorporating qualitative factors into multiple regression
Answers to this chapter’s questions
Problems
Chapter 53 Modeling nonlinearities and interactions
Answers to this chapter’s questions
Problems for Chapters 51–53
Chapter 54 Analysis of variance: One-way ANOVA
Answers to this chapter’s questions
Problems
Chapter 55 Randomized blocks and two-way ANOVA
Answers to this chapter’s questions
Problems
Chapter 56 Using moving averages to understand time series
Answer to this chapter’s question
Problem
Chapter 57 Ratio-to-moving-average forecast method
Answers to this chapter’s questions
Problem
Chapter 58 An introduction to probability
Answers to this chapter’s questions
Problems
Chapter 59 An introduction to random variables
Answers to this chapter’s questions
Problems
Chapter 60 The binomial, hypergeometric, and negative binomial random variables
Answers to this chapter’s questions
Problems
Chapter 61 The Poisson and exponential random variable
Answers to this chapter’s questions
Problems
Chapter 62 The normal random variable and Z-scores
Answers to this chapter’s questions
Problems
Chapter 63 Making probability statements from forecasts
Answers to this chapter’s questions
Problems
Chapter 64 Using the lognormal random variable to model stock prices
Answers to this chapter’s questions
Remarks
Problems
Chapter 65 Importing past stock prices, exchange rates, and cryptocurrency prices with the STOCKHISTORY function
Answers to this chapter’s questions
Problems
Chapter 66 An introduction to optimization with Excel Solver
Answers to this chapter’s questions
Problems
Chapter 67 Using Solver to determine the optimal product mix
Answers to this chapter’s questions
Problems
Chapter 68 Using Solver to schedule your workforce
Answers to this chapter’s question
Problems
Chapter 69 Using Solver to solve transportation or distribution problems
Answer to this chapter’s question
Problems
Chapter 70 Using Solver for capital budgeting
Answer to this chapter’s question
Problems
Chapter 71 Using Solver for financial planning
Answers to this chapter’s questions
Problems
Chapter 72 Using Solver to rate sports teams
Answer to this chapter’s question
Problems
Chapter 73 The Winters method and the Forecast Sheet tool
Answers to this chapter’s questions
Remarks
Problems
Chapter 74 Forecasting in the presence of special events
Answers to this chapter’s questions
Problems
Chapter 75 Warehouse location and the GRG Multistart and Evolutionary Solver engines
Answers to this chapter’s questions
Problems
Chapter 76 Penalties and the Evolutionary Solver
Answers to this chapter’s questions
Problems
Chapter 77 The traveling salesperson problem
Answers to this chapter’s questions
Problems
Chapter 78 Weibull and beta distributions: Modeling machine life and duration of a project
Answers to this chapter’s questions
Problems
Chapter 79 Introduction to Monte Carlo simulation
Answers to this chapter’s questions
Problems
Chapter 80 Calculating an optimal bid
Answers to this chapter’s questions
Problems
Chapter 81 Simulating stock prices and asset-allocation modeling
Answers to this chapter’s questions
Problems
Chapter 82 Fun and games: Simulating gambling and sporting-event probabilities
Answers to this chapter’s questions
Problems
Chapter 83 Using resampling to analyze data
Answer to this chapter’s question
Problems
Chapter 84 Pricing stock options
Answers to this chapter’s questions
Problems
Chapter 85 Determining customer value
Answers to this chapter’s questions
Problems
Chapter 86 The economic order quantity inventory model
Answers to this chapter’s questions
Problems
Chapter 87 Inventory modeling with uncertain demand
Answers to this chapter’s questions
Problems
Chapter 88 Queuing theory: The mathematics of waiting in line
Answers to this chapter’s questions
Problems
Chapter 89 Estimating a demand curve
Answers to this chapter’s questions
Problems
Chapter 90 Pricing products by using tie-ins
Answer to this chapter’s question
Problems
Chapter 91 Pricing products by using subjectively determined demand
Answers to this chapter’s questions
Problems
Chapter 92 Nonlinear pricing
Answers to this chapter’s questions
Problems
Chapter 93 Use Analyze Data to find patterns in your data
Answers to this chapter’s questions
Problems
Chapter 94 Recording macros
Answers to this chapter’s questions
Problems
Chapter 95 The LET and LAMBDA functions and the LAMBDA helper functions
Answers to this chapter’s questions
Problems
Chapter 96 Advanced sensitivity analysis
Answer to this chapter’s question
Problems
Index
