Session 10 Managerial Spreadsheet Modeling -- Prof. Juran1

2 Advanced Graphing Waterfall Chart Box and Whiskers (Box) Plot

Managerial Spreadsheet Modeling -- Prof. Juran3 Modified Stacked Column Chart Popularized by McKinsey & Co. Used to show effects of components of a larger change. Waterfall Chart

Managerial Spreadsheet Modeling -- Prof. Juran4

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9 Change fill colors; make invisible series “no fill.” Add black borders to all visible data series. Maybe add gradient shading, rounded corners? Stacked bar graph using columns E, F, G, H

Managerial Spreadsheet Modeling -- Prof. Juran10 To add connecting dashed lines: Add new series: J4 = E4; J5 = F5 + G5. Spread out over the next two columns (manually, I’m afraid). Copy value to cell below. Copy and Paste Special to add these 3 new series to the chart. Right-click on new series, and Change Series Chart Type to a Line graph. Format Data Series: Line Color to black, Line Style to thin dashed. Waterfall Chart

Managerial Spreadsheet Modeling -- Prof. Juran11 Used to show the main attributes of an empirical distribution. “Box” shows 1 st, 2 nd, and 3 rd quartiles. “Whiskers” connect to minimum and maximum observations. Box and Whiskers (a.k.a. Box) Plot

Managerial Spreadsheet Modeling -- Prof. Juran12 Find min, max, and quartiles: Box Plot

Managerial Spreadsheet Modeling -- Prof. Juran13 Construct 5 new series Box Plot

Managerial Spreadsheet Modeling -- Prof. Juran14 Build the box (with a line for the median) by constructing a Stacked Column chart for the first 3 series. –For the top two series (rows in the data), change Border Color to  Solid line (black). –For the bottom series (row 9) change Border Change Fill to  No fill. –Set Fill to  No fill for all 3 series. Box Plot

Managerial Spreadsheet Modeling -- Prof. Juran15 Draw the top whiskers by selecting the top series, and choosing Design | Chart Layouts | Add Chart Element | Error Bars | More Error Bar Options –Set Direction to  Plus and Error Amount to  Custom. –Click on “Specify value” and select the positive range “Max – 3Q” (row 13) Box Plot

Managerial Spreadsheet Modeling -- Prof. Juran16 Similarly, draw the bottom whiskers by selecting the bottom (invisible) series –Set Direction to  Minus and Error Amount to  Custom. –Click on “Specify values” and select the range “1Q - Min” (row 14) Box Plot

Managerial Spreadsheet Modeling -- Prof. Juran17 Use to draw a waterfall graph. Use to draw a box plot. Hands-on Practice

Managerial Spreadsheet Modeling -- Prof. Juran18 Deliverable: Buprenorphine graph For Next Time