Where Is Quick Analysis In Excel Mac

Where Is Quick Analysis In Excel Mac Os

Since the release of Excel 2016 for Mac, customers have given great feedback about its ease of use and the benefits of the new features. We want to highlight the Excel 2016 for Mac features that customers rave about and share some tips and tricks that could save you a ton of time using the most powerful spreadsheet and data analysis tool on the Mac platform. To use the Quick Analysis tool, all you have to do is select the worksheet table’s cells and then click the Quick Analysis tool that automatically appears in the lower-right corner of the last selected cell. When you do, a palette of options (from Formatting to Sparklines) appears right beneath the tool. To add totals to your selected table.

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:

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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