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Statistics in Excel?

  1. #1

    Statistics in Excel?

    I tried to do a search, but haven't found my answer. I am trying to run
    some statistics, and yes I have the Analysis tools installed.

    I have a group of products that I want to do different things with. The
    1st task is this:

    I want to run #s and display a chart that will tell me how many days
    products have sat on the shelf. Each product has the # of days it was
    on the shelf- and multiple products have sat on the shelf for the same
    # of days (ie- 5 products took 3 days to sell, 2 products took 120 days
    to sell, etc). I want to see how many products sold for each count of
    days on the shelf. The end result will display a chart so I can see
    which products, on average, sat on the shelf the most often number of
    days, and how many days exactly that was. Notice- this is NOT
    displaying the products that took the longest to sell- it's displaying
    the 'sweet spot' of the majority of the products sold on day 47 or
    whatever.

    Task 2-

    I want to run #s to display comparison charts of various attributes.
    For example- the products that took the longest to sell compared to
    their individual weight. Or- which products sold the fastest compared
    to their color. Or- which products sell the fastest compared to their
    location in the store, etc. I think you get the idea.

    It's been many years since I took statistical analysis in college, but
    Im sure it'll come back to me when I start seeing the answers here. Any
    help you guys can provide is EXTREMELY appreciated!
    Thanks!


  2. #2
    Tushar Mehta
    Guest

    Re: Statistics in Excel?

    If your data are organized in a tabular manner with 1 row per product, you
    should be able to answer both questions with a PivotTable. For Q1 #days
    would be the row field and count of product the data field.

    For Q2 a cross-tab PT with the attribute of interest as the row field, the
    #days as the column field and count of product as the data field.

    --
    Regards,

    Tushar Mehta
    www.tushar-mehta.com
    Excel, PowerPoint, and VBA add-ins, tutorials
    Custom MS Office productivity solutions

    In article <[email protected]>,
    [email protected] says...
    > I tried to do a search, but haven't found my answer. I am trying to run
    > some statistics, and yes I have the Analysis tools installed.
    >
    > I have a group of products that I want to do different things with. The
    > 1st task is this:
    >
    > I want to run #s and display a chart that will tell me how many days
    > products have sat on the shelf. Each product has the # of days it was
    > on the shelf- and multiple products have sat on the shelf for the same
    > # of days (ie- 5 products took 3 days to sell, 2 products took 120 days
    > to sell, etc). I want to see how many products sold for each count of
    > days on the shelf. The end result will display a chart so I can see
    > which products, on average, sat on the shelf the most often number of
    > days, and how many days exactly that was. Notice- this is NOT
    > displaying the products that took the longest to sell- it's displaying
    > the 'sweet spot' of the majority of the products sold on day 47 or
    > whatever.
    >
    > Task 2-
    >
    > I want to run #s to display comparison charts of various attributes.
    > For example- the products that took the longest to sell compared to
    > their individual weight. Or- which products sold the fastest compared
    > to their color. Or- which products sell the fastest compared to their
    > location in the store, etc. I think you get the idea.
    >
    > It's been many years since I took statistical analysis in college, but
    > Im sure it'll come back to me when I start seeing the answers here. Any
    > help you guys can provide is EXTREMELY appreciated!
    > Thanks!
    >
    >


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