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Prac 4

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12 views4 pages

Prac 4

Uploaded by

ayush050419
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Assignment 4: Apply the what – if Analysis for data visualization.

Design and generate necessary reports based on the data


warehouse data.

What-If Analysis in Excel is a powerful tool that allows you to explore different
scenarios and their outcomes by adjusting input values in your formulas. It
helps to answer questions like "What will happen if...?" by changing the data
and observing how it impacts the results.
Three Key Methods of What-If Analysis in Excel:
1. Goal Seek:
o Purpose: Goal Seek adjusts a single input value to achieve a
desired result in a specific cell.
o How it Works: You set a target value for a formula and choose the
cell that needs to change to reach that target.
o Example: If you want to find the exact App Usage Time (B2) that
leads to a specific Battery Drain (F2), you use Goal Seek to adjust
B2 until F2 reaches the desired value.
2. Scenario Manager:
o Purpose: Scenario Manager helps you create and save different
sets of input values (scenarios) to see how they affect your results.
o How it Works: You can input multiple sets of variables (scenarios)
and switch between them to compare outcomes.
o Example: In a financial model, you could create "Best Case,"
"Worst Case," and "Average Case" scenarios, each with different
assumptions about costs, revenue, and other factors.
3. Data Tables:
o Purpose: Data Tables show how changing one or two variables
impacts the results in a table format.
o How it Works: You can create either a one-variable or two-variable
data table to explore the effects of different inputs.
o Example: You can build a table showing how changing the App
Usage Time or Data Usage impacts the Battery Drain across
various values.
These methods allow for dynamic analysis of your data and decision-making
based on possible outcomes.

To perform a What-If Analysis on your dataset in Excel (which contains fields like "App Usage Time",
"Battery Drain", etc.), follow these general steps:

Steps for Goal Seek What-If Analysis:

Example Scenario: Find out what value of App Usage Time is needed to keep the Battery Drain
below a certain threshold.

1. Open Excel and load the dataset: Ensure the data is properly formatted in Excel.

2. Set up a formula:

o In an empty cell, create a formula based on your target, e.g., calculate Battery Drain
based on App Usage Time (if it's not already computed).

3. Click on Data Tab:

o Go to the Data tab.

4. Select What-If Analysis > Goal Seek:

o Click on What-If Analysis and select Goal Seek from the dropdown.

5. Enter Goal Seek Parameters:

o Set Cell: Choose the cell that has the Battery Drain value.

o To Value: Enter the target value for Battery Drain (e.g., 1500 mAh/day).

o By Changing Cell: Select the cell that corresponds to App Usage Time.

6. Run Goal Seek:

o Press OK, and Excel will adjust the App Usage Time to meet the desired Battery
Drain value.
Steps for Scenario Manager What-If Analysis:

Example Scenario: Create different scenarios for App Usage Time and see how they affect Battery
Drain.

1. Go to Data Tab:

o Open your dataset in Excel and go to the Data tab.

2. Click on What-If Analysis > Scenario Manager:

o Click on Scenario Manager.

3. Add Scenarios:

o Click Add to create a new scenario (e.g., "High App Usage").

o Enter values for App Usage Time (e.g., 500 min/day) and other relevant inputs.

4. Add Additional Scenarios:

o Add more scenarios for different conditions (e.g., "Low App Usage" with 150
min/day).

5. Show Scenarios:

o Select a scenario and click Show to view how the data changes.

6. Generate Summary:

o To create a summary report of all scenarios, click on Summary.

Steps for Data Table What-If Analysis:

Example Scenario: Analyze how varying both App Usage Time and Number of Apps Installed affects
Battery Drain.

1. Set up your formula:

o Choose a cell to enter a formula that calculates Battery Drain based on App Usage
Time and Number of Apps Installed.

2. Create a Table Structure:

o In one row, list possible values for App Usage Time (e.g., 100, 200, 300).

o In one column, list values for Number of Apps Installed (e.g., 30, 50, 70).

3. Go to Data Tab > What-If Analysis > Data Table:

o Select Data Table from the What-If Analysis dropdown.

4. Input Row and Column Variables:

o For the Row Input Cell, select the App Usage Time.

o For the Column Input Cell, select the Number of Apps Installed.
5. Generate Results:

o Excel will create a table showing how different values of App Usage Time and
Number of Apps Installed impact Battery Drain.

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