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To make use of the Power Analysis Excel Spreadsheet in Excel, you need to follow some steps. As soon as you open the Excel file, there will be two tabs on the bottom- one will be the main tab which is called Power Analysis. It’s also called the Power Analysis Table as well. And the other tab is called Power Analysis Overview and it shows the data collected in Power Analysis.
11 Excel tips for power users from power analysis excel spreadsheet , source:computerworld.com
This Excel function is used to study the data and break them down to different areas. And then you can do further analysis using Power Analysis Excel Spreadsheet.
Power Analysis has a quick analysis feature that allows you to see the change in the value of the stock, select several stocks at once, and organize the data. Now that you know about this Excel function, let’s take a look at the best way to use it.
Sample Size Software Power Analysis Software PASS from power analysis excel spreadsheet , source:ncss.com
As soon as you have opened the Power Analysis Excel Spreadsheet, you need to first hit Ctrl+F. This will bring up the list of all stocks that you have selected in your previous screenshot. From this list, you can choose the Stock Analysis tab and then click the Power Analysis Overview.
The next thing you need to do is to click on the Stock Analysis tab. From here, you need to click on the power axis option. If you are using a modern version of Excel, you can select all the stock prices by clicking on the cross and then click on the power axis option.
Data Visualization with Excel and Power BI from power analysis excel spreadsheet , source:powerbi.microsoft.com
The main difference between this and the previous version is that the column header for all the columns is now on the left-hand side of the cells instead of being on the right-hand side. So if you have selected all the stocks in one of the previous Excel screenshots, you need to click on the Power analysis Overview tab, then click on the column header to display all the data. If you are doing a buy and hold chart, you need to click on the horizontal arrow on the stock chart.
With these few tips, you will be able to make use of Power Analysis Excel Spreadsheet in Excel to make your own Power Chart and Power Analysis view. You don’t need to worry about formatting the charts as this function does all the formatting for you. As soon as you select the Power Analysis tab, you can easily format the chart as per your needs.
XLSTAT Marketing from power analysis excel spreadsheet , source:xlstat.com