It Skills Lab
It Skills Lab
It Skills Lab
2021
Submitted For The Partial Fulfillment Of The Requirement For Award Of Degree
OF
MASTER OF BUSINESS ADMINISTRATION
FROM
DR. A. P. J. ABDUL KALAM TECHNICAL UNIVERSITY, LUCKNOW
SUBMITTED BY:
SUBMMITED TO
Note: Your data shouldn't have any empty rows or columns. It must have only a single-row heading.
3. Under Choose the data that you want to analyze, select Select a table or range.
1. To add a field to your PivotTable, select the field name checkbox in the PivotTables Fields pane.
Note: Selected fields are added to their default areas: non-numeric fields are added to Rows, date and time hierarchies are added to Columns,
and numeric fields are added to Values.
2. To move a field from one area to another, drag the field to the target area.
What is Scenario Manager in Excel?
• Scenario manager in excel is a part of three what-if-analysis tools in excel, which are built-in in, excel. In simple terms, you can see the impact of
changing input values without changing the actual data. Like Data Table in excel, you now input values that must change to achieve a specific goal.
• Scenario Manager in Excel allows you to change or substitute input values for multiple cells (maximum up to 32). Therefore, you can view the results
of different input values or different scenarios at the same time.
• For Example: What if I cut down my monthly traveling expenses? How much will I save? Here scenarios can be stored so that you can apply them
with just a click on the mouse.
A simple example could be your monthly family budget. You will spend on food, travel, entertainment, clothes, etc.… and see how these affect your overall
budget.
Step 1: Create a below table shows your list of expenses and income sources.
Step 2: From the top of Excel, click the Data menu > On the Data menu, locate the Data Tools panel > Click on the what-if-Analysis item and select the Scenario
Manager in excel from the menu.
Step 3: When you click on the Scenario Manager below, the dialogue box will open.
Step 4: You need to create a new scenario. So click on the Add button. Then you will get the below dialogue box.
By default, it shows the cell C10, which means that it is the currently active cell. First, type the Scenario Name in the box as the Actual Budget.
Now, you need to enter which cells your excel sheet will be changing. In this first scenario, nothing will be changing because this is my actual budget for the
month. Still, we need to specify the cells will be changing.
Now try to reduce your Food expenses and Clothes expenses. These are in the cells B15 & B13, respectively. Now your add scenario dialogue box should look
like this.
Click, OK, and Excel will ask you for some values. Since we do not want any changes to this scenario, just click OK.
Now, you will be taken back to the Scenario Manager Box. Now the window will look like this.
Now, one scenario is done and dusted. Create a second scenario, and this where you need to make changes to your Food & Clothes expenses.
Click the Add button one more time and give a scenario name as “Plan 2”. Changing the cell will be B15 & B13 (Food & Cloth expenses).
Now, below Scenario Values dialogue box opens again. This time, we do want to change the values. Enter the same ones as in the image below:
These are the new values for our new scenario, Plan 2. Click OK, and now you are back to the Scenario Manager window. Now we already have two scenarios
named after Actual Budget & Plan 2.
Click the Add button one more time and give a scenario name as “Plan 3”. Changing the cell will be B15 & B13 (Food & Cloth expenses).
Now, below Scenario Values dialogue box opens again. This time, we do want to change the values. Enter the same ones as in the image below:
These are the new values for our new scenario, Plan 3. Click OK, and now you are back to the Scenario Manager window. Now you have three scenarios named
after Actual Budget, Plan 2, and Plan 3.
As you can see, we have our Actual Budget, Plan 1 and Plan 2. With Plan 2 selected, click the Show button at the bottom. The values in your excel sheet will
change, and the new budget will be calculated. The image below shows what it looks like.
Click on the Actual Budget, then click on the Show button to see the differences. Initial values will be displayed.
So Scenario Manager in Excel allows you to set different values and allows you to identify the significant changes from them.
Excel Data Validation is a feature that restricts (validates) user input to a worksheet. Technically, you create a validation rule that controls what kind of data can
be entered into a certain cell.
Here are just a few examples of what Excel's data validation can do:
For instance, you can set up a rule that limits data entry to 4-digit numbers between 1000 and 9999. If the user types something different, Excel will show an error
alert explaining what they have done wrong:
Select one or more cells to validate, go to the Data tab > Data Tools group, and click the Data Validation button.
You can also open the Data Validation dialog box by pressing Alt > D > L, with each key pressed separately.
On the Settings tab, define the validation criteria according to your needs. In the criteria, you can supply any of the following:
• Values - type numbers in the criteria boxes like shown in the screenshot below.
• Cell references - make a rule based on a value or formula in another cell.
• Formulas - allow to express more complex conditions like in this example.
As an example, let's make a rule that restricts users to entering a whole number between 1000 and 9999:
With the validation rule configured, either click OK to close the Data Validation window or switch to another tab to add an input message or/and error alert.
If you want to display a message that explains to the user what data is allowed in a given cell, open the Input Message tab and do the following:
• Make sure the Show input message when cell is selected box is checked.
• Enter the title and text of your message into the corresponding fields.
• Click OK to close the dialog window.
As soon as the user selects the validated cell, the following message will show up:
In addition to the input message, you can show one of the following error alerts when invalid data is entered in a cell.
Stop (default)
The strictest alert type that prevents users from entering invalid data.
You click Retry to type a different value or Cancel to remove the entry.
Warning
Warns users that the data is invalid, but does not prevent entering it.
You click Yes to input the invalid entry, No to edit it, or Cancel to remove the entry.
Information
The most permissive alert type that only informs users about an invalid data entry.
You click OK to enter the invalid value or Cancel to remove it from the cell.
To configure a custom error message, go to the Error Alert tab and define the following parameters:
• Check the Show error alert after invalid data is entered box (usually selected by default).
• In the Style box, select the desired alert type.
• Enter the title and text of the error message into the corresponding boxes.
• Click OK.
2. Open the Data Validation dialog box (Data tab > Data Validation).
4. Select the Apply these changes to all other cells with the same settings check box to copy the changes you've made to all other cells with the
original validation criteria.
For instance, you can edit your Excel data validation list by adding or removing items from the Source box, and have these changes applied to all other cells
containing the same drop-down list:
What is a chart?
A chart is a visual representative of data in both columns and rows. Charts are usually used to analyse trends and patterns in data sets.
Types of Charts in MS Excel
Different scenarios require different types of charts. Towards this end, Excel provides a number of chart types that you can work with. The type of chart that
you choose depends on the type of data that you want to visualize. To help simplify things for the users, Excel 2013 and above has an option that analyses
your data and makes a recommendation of the chart type that you should use.
The following table shows some of the most commonly used Excel charts and when you
should consider using them.
1 Pie Chart When you want to quantify items and show them as percentages.
2 Bar Chart When you want to compare values across a few categories. The values run horizontally
3 Column chart When you want to compare values across a few categories. The values run vertically
4 Line chart When you want to visualize trends over a period of time i.e. months, days, years, etc.
Data labels make a chart easier to understand because they show details about a data series or its individual data points. For example, in the pie chart below,
without the data labels it would be difficult to tell that coffee was 38% of total sales. Depending on what you want to highlight on a chart, you can add labels to
one series, all the series (the whole chart), or one data point.
2. In the upper right corner, next to the chart, click Add Chart Element > Data Labels.
To make data labels easier to read, you can move them inside the data points or even outside of the chart. To move a data label, drag it to the location you want.
If you decide the labels make your chart look too cluttered, you can remove any or all of them by clicking the data labels and then pressing Delete.