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Excel 2013’s Quick Analysis

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ExcelMicrosoft Excel is one of the most versatile office tools available to business owners and managers. This spreadsheet creator allows for users to track hours, sales, and really almost any kind of data. It also allows data to be manipulated, usually by visualizing it, so that it is easier to digest and understand. Excel 2013 has a great feature – Quick Analysis – that makes visualizing your data even quicker and easier.

Below is an overview of the Quick Analysis tool in Microsoft Excel 2013.

What is Quick Analysis?

In older versions of Excel, if you wanted to visually analyze your data, you would have to first create a chart or graph and then format it. This could take some time and also lead to mistakes, not to mention the fact that it can be a challenge to pick the correct type of chart or graph for your data type.

To make it easier to visualize your data, the Quick Analysis tool was introduced with Excel 2013. This feature allows users to instantly create charts and graphs with the click of a button. It even suggests a visualization method that best fits your data, making picking the correct way to show the information far easier. You can even add miniature graphs to single cells – called Sparklines – that allow you to quickly spot trends without having to look at a full graph.

How to use Quick Analysis

Enter your data in a spreadsheet, and if need be include column headings.

  1. Select the data you would like to visualize.
  2. Press Ctrl + Q to open the Quick Analysis gallery. You can also select this by hovering your mouse over the bottom-right corner of the selected cells and clicking the icon that pops up.
  3. Select the tab you want e.g., Charts for suggested charts. Note: The options available to you will change based on the type of data you have selected.
  4. Hover your mouse over an option to see a preview of the selected visualization.
  5. Click on your choice to create the visualization in a new worksheet.

Which Quick Analysis is best?

When you open the Quick Analysis gallery you will notice that you have five different options:

  1. Formatting – Lets you adjust the data you have highlighted. You can set a color for the data to set it apart and quickly see both high and low values, or even remove formatting altogether.
  2. Charts – Lets you select different charts and graphs based on the data you have selected. This can include pie charts, bar graphs, line charts, etc. If you press More Charts you will be able to select from a larger list.
  3. Totals – Lets you calculate numbers in rows or columns. Some useful options include Running Total which keeps a total even when you add more data, and Sum which will total either a column, row or the total sheet. Be sure to pay attention to the colored dots in the icon as they indicate whether a row or column will be calculated.
  4. Tables – Allows you to create tables or sub-tables using just the selected data. You can also create a pivot table. You should also be able to select More if the type of table you need isn’t there.
  5. Sparklines – Allows you to add small charts beside your data. These one to two cell visualizations are great for quickly identifying trends within your data.

If you are looking to learn more about Excel 2013 and how you can leverage it in your business, contact us today.

Published with permission from TechAdvisory.org. Source.