Skip to main content

Excel in my day by day routine

I would like to say that the best program I've ever used for analyzing my data is excel. Since the late 90's Excel was there for me and is still here today. I'm not saying I didn't try other programs like R Studio, Power Bi and Tableau but excel is still helping me on my day by day routine.
The list below will give you my top functions and use cases with Excel.


This function is by far my favorite one. The VLOOKUP function performs a vertical lookup by searching for a value in the first column of a table and returning the value in the same row in the index_number position.

Syntax

VLOOKUP( value, table, index_number, [approximate_match] )

2. CONCATENATE 

The word concatenate is just another way of saying "to combine" or "to join together". The CONCATENATE function allows you to combine text from different cells into one cell. In our example, we can use it to combine the text in column A and column B to create a combined name in a new column.

Syntax
CONCATENATE(Text A, Text B)


The Microsoft Excel IF function returns one value if the condition is TRUE, or another value if the condition is FALSE.

The IF function is a built-in function in Excel that is categorized as a Logical Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the IF function can be entered as part of a formula in a cell of a worksheet.

Please read our IF-THEN-ELSE (VBA) page if you are looking for the VBA version of the IF statement as it has a very different syntax.

Syntax
IF( condition, [value_if_true], [value_if_false] )


Excel COUNTIF function is used for counting cells within a specified range that meet a certain criterion, or condition.

For example, you can write a COUNTIF formula to find out how many cells in your worksheet contain a number greater than or less than the number you specify. Another typical use of COUNTIF in Excel is for counting cells with a specific word or starting with a particular letter(s).

Syntax
COUNTIF(range, criteria)

5. SUMIF

The SUMIF function is a worksheet function that adds all numbers in a range of cells based on one criteria (for example, is equal to 2000).

The SUMIF function is a built-in function in Excel that is categorized as a Math/Trig Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the SUMIF function can be entered as part of a formula in a cell of a worksheet.

To add numbers in a range based on multiple criteria, try the SUMIFS function.

Syntax
SUMIF( range, criteria, [sum_range] )

6. OR, AND
Use the OR function, one of the logical functions, to determine if any conditions in a test are TRUE.

Use the AND function, one of the logical functions, to determine if all conditions in a test are TRUE.

Syntax
OR(A2>1,A2<100)
AND(A2>1,A2<100)

7. Left, Right, Mid

LEFT returns the first character or characters in a text string, based on the number of characters you specify.

Syntax
LEFT(text, [num_chars])

Pivot Tables

When it comes to Pivot table you know you are going to save time. No need to memorize all these functions as sumif and countif, you just drag and drop and the pivot will determine if to sum or count your values. The pivot table enables you to do things faster and in a nicer way. 

You can also add slicers and other cool options to make your pivot be more easy to use.

Hotkeys

ctrl + 1 - open format cells menu
ctrl + shift + 1 - format number as currency (i.e 1000 will be formatted to 1,000.00)
ctrl + shit + ~ - format number as regular (i.e 1,000.00 will be formatted to 1000)




A good explaination can be found here. 

Comments

Popular posts from this blog

RFM algorithm

Let's jump right into the stuff we only have two minutes :-). In this post I would like to write about the RFM algorithm. RFM analysis assigns value-scores to each customer on the basis of her past behavior. Using the quintile system explained above, at the most, 125 different scores (5x5x5) can be assigned. These cells differ in size from one another. A customer’s score can range from 555 being the highest, to 111 being the lowest. The best customers are in quintile 5 for each factor (555) that have purchased most recently, most frequently and have spent the most money. RFM provides a simple framework for quantifying customer behavior. For example, it is possible to infer that customer which has RFM score 155, has made a high number of purchases with high monetary values but not for a long time.  Something might have gone wrong with this customer, for example, he/she has most likely defected to a competitor's products and services or has found an alternate source and th...

Terminology you should know before starting your online gaming company

In this post I will try to layout the most important terms you need to know before starting an online gaming business. GGR, NGR, KPI, ARPU, CPA, CR and CLV. Of course the most important thing is understanding your goal. What do you want from your clients? What should they do? During my years in many online companies our goal was to buy DEPOSITS (i.e get 10% for xxx deposit, and so on). These days the goal is for players to play on their money as much as they can. In order to understand your goal in nowadays online casinos. You will need to understand a few key terms: Gross Gaming Revenue (GGR) Gross Gaming Revenue (GGR) is the amount wagered minus the winnings returned to players, a true measure of the economic value of gambling. GGR is the figure used to determine what a casino or other gaming operation earns before expenses like salaries and taxes are paid. GGR is the equivalent of “sales” not “profit” . Net Gaming Revenue (NGR) Net Gaming Revenue (NGR) is defined as gross bets le...

Customer Life Cycle

Simple and easy way to understand your customer's road map (also known as customer's life cycle) As you can see I separated the customer's life cycle to 4 stages.  1. when he gets to your site 2. when he signs up 3. when he makes his first purchases (retention only starts after four* purchases) 4. retention stages  * you can define different quantities and also change it to days/months of activity. I just think you need to understand that most customers will purchase only once - twice with you. So you need to treat them differently and show them the way to become loyal high value customers!