Quick Analysis Tool In Excel For Mac

When we’re using Excel for Mac, we load the Analysis Toolpak through these steps: In the Tools tab, select Excel Add-Ins; Figure 3. Excel Add-Ins option in menu. In the Add-ins window, select Analysis Toolpak and click OK. We have successfully loaded the Analysis Toolpak. Click the Data tab Data Analysis command. Where To Find The Quick Analysis Tool In Excel Author: Dave Dunn Dave Dunn joined Webucator as Chief Operating Officer in early 2009. He has served as a CFO and COO for numerous small and medium-sized companies, including Summit Software Company, Insight Research Group, Avalon Consulting, CampaignBase.com and HealthcareOne.

Quick Analysis Tool In Excel For Mac
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How to do sensitivity analysis with data table in Excel?

Let’s say you have a chair shop and sold chairs as below screenshot shown. Now, you want to analyze how the price and sales volume affect the profit of this shop simultaneously, so that you can adjust your sales strategy for better profit. Actually, the sensitivity analysis can solve your problem.

Do sensitivity analysis with data table in Excel

This method will apply the Data Table feature to do a sensitivity analysis in Excel. Please do as follows:

1. Finish the Profit & Loss Statement table as below screenshot shown:
(1) In Cell B11, Please type the formula =B4*B3;
(2) In Cell B12, please type the formula =B5*B3;
(3) In Cell B13, please type the formula =B11-B12;
(4) In Cell B14, please type the formula =B13-B6-B7.

2. Prepare the sensitivity analysis table as below screenshot shown:
(1) In Range F2:K2, please type the sales volumes from 500 to 1750;
(2) In Range E3:E8, please type the prices from 75 to 200;
(3) In the Cell E2, please type the formula =B14

3. Select the Range E2:K8, and click Data > What-If Analysis > Data Table. See screenshot:
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4. In the popping out Data Table dialog box, please (1) in the Row input cell box specify the cell with chairs sales volume (B3 in my case), (2) in the Column input cell box specify the cell with chair price (B4 in my case), and then (3) click the OK button. See screenshot:

5. Now the sensitivity analysis table is created as below screenshot shown.

You can easily get how the profit changes when both sales and price volume change. For example, when you sold 750 chairs at price of $125.00, the profit changes to $-3750.00; while when you sold 1500 chairs at price of $100.00, the profit changes to $15000.00.

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Nice. Thank you
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I built an Excel sensitivity analysis tool - https://causal.app/sensitivity. It figures out which variables in your model are the most important, and shows you what happens if you vary each variable one by one.
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Cell A11 should be Sales; Cell A12 should be Cost of Sales; Cell A13 should be Gross Profit while Cell A14 should be Operating Profit.
Celestine B. Etouwem.

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