with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall1 PowerPoint Presentation to Accompany GO! with Microsoft ® Excel 2010 Chapter 8 Using the Data Analysis, Solver, and Scenario Features

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall2 Objectives Calculate a Moving Average Project Income and Expenses Determine a Break-Even Point

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall3 Objectives Use Solver Evaluate Complex Formulas Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall4 Calculate a Moving Average Moving average –A sequence of averages computed from parts of a data series –In a chart, a moving average smoothes the fluctuations in data –A moving average shows a pattern or trend more clearly

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall5 Calculate a Moving Average

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall6 Calculate a Moving Average

with Microsoft PowerPoint 2010 Comprehensive© 2011 Pearson Education, Inc. Publishing as Prentice Hall7 Calculate a Moving Average Calculating growth based on a moving average –A moving average can be used to calculate a growth rate at different intervals

with Microsoft PowerPoint 2010 Comprehensive© 2011 Pearson Education, Inc. Publishing as Prentice Hall8 Calculate a Moving Average

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall9 Project Income and Expenses Fixed expenses –Remain the same each month regardless of the amount of activity –Include items such as rent, utilities, insurance, and general overhead Variable expenses –Vary depending on the amount of sales

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall10 Project Income and Expenses In cell C3, type =b3*(1+$b$12) –Formula takes the previous month’s sales in cell B3 and multiplies it by 110% –Determines a growth rate of 10% over the previous month –Cell B12 indicates the required sales growth rate of 10% –Absolute cell reference is used—this formula can be copied across the row

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall11 Project Income and Expenses

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall12 Determine a Break-Even Point Break-even point –Point at which a company starts to make a profit Line chart –Displays trends over time –Time is displayed along the bottom axis with data point values connected with a line

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall13 Determine a Break-Even Point

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall14 Use Solver Solver – what-if analysis tool to find an optimal value for a formula in one cell, the objective cell Decision variables—also referred to as variable cells –Values will change to achieve the desired results Constraint cells – contain values that limit or restrict the outcome

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall15 Use Solver

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall16 Use Solver

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall17 Use Solver

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall18 Evaluate Complex Formulas Evaluate formula – Allows you to examine and debug a formula step by step –Debug locates and corrects errors –Allows you to see the value for each cell used in the formula –You can watch the calculations as the formula is constructed

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall19 Evaluate Complex Formulas

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall20 Evaluate Complex Formulas

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall21 Create Scenarios Scenario Manager tool –Creates possible solutions to a problem and then compares the alternatives Scenario –Set of values that Excel saves and can substitute automatically in a worksheet

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall22 Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall23 Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall24 Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall25 Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall26 Covered Objectives Calculate a Moving Average Project Income and Expenses Determine a Break-Even Point

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall27 Covered Objectives Use Solver Evaluate Complex Formulas Create Scenarios

with Microsoft Excel 2010 © 2011 Pearson Education, Inc. Publishing as Prentice Hall28 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2011 Pearson Education, Inc. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall