Home | Contact Us | FAQ | Search & Site Map | Link to Us
Sign In | Join | Other 45 Sites in Network
Home
DiscussionsAccessExcelInfoPathOutlookPowerPointPublisherWord
DirectoryUser Groups
Related Topics
Outlook ExpressInternet ExplorerWindowsMS Server ProductsMore Topics ...

MS Office Forum / Excel / Worksheet Functions / August 2006

Tip: Looking for answers? Try searching our database.

analysing sales vs price

Thread view: 
Enable EMail Alerts  Start New Thread
Thread rating: 
Vabu3184 - 15 Aug 2006 04:55 GMT
I have a large spreadsheet with data in the following format:

Product    Price    Sales
A    $1.00     10
B    $2.00     9
C    $3.00     8
D    $4.00     7
E    $5.00     6
F    $6.00     5
G    $7.00     4
H    $8.00     3
I     $9.00     2
J    $10.00     1

And I am trying to analyse the relationship between price and sales.

I have tried to use a pivot table with the product as the data and then
price and sales as the rows and columns, but then I am getting stuck with
changing the field settings.

Using the above example, Ideally I would like to be able to group the prices
into price breaks of 2.00, and then calculate the total sales for each group.

Is a pivot table the best way to do this and is there any online training
that would cover it?

Or is there other tools within Excel (but not programming or vb) that can
help with calculating the correlation between the price and sales?

THanks
Dav - 15 Aug 2006 07:57 GMT
If you want to group the values you would have to create a new column
say trunc(price/2). the first way to look for a relationship is to plot
a graph of price vs sales. then visually you can see if there is any
relationship. if there is you can uses regression (analysis toolpack)
or plot a trendline on the graph. Or use various statistical  correl,
or linest. But the best guide is to plot the graph first, your eyes are
less likely to deceive you than a statistical model!

Regards

Dav

Signature

Dav

 
Sign In
Join
My Latest Posts
My Monitored Threads
My Blog
My Photo Gallery
My Profile
My Homepage

Start New Thread
Enable EMail Alerts
Rate this Thread



©2008 Advenet LLC   Privacy Policy - Terms of Use
This website includes both content owned or controlled by Advenet as well as content owned or controlled by third parties.