One of the most common data analysis tools is the PivotTable. Many crucial business questions can be answered quickly with PivotTables. We develop PivotTables for a variety of reasons, one of which is to convey data. We’d like to back up our story with data that’s simple to grasp and see.
Have you ever discovered yourself staring at spreadsheets with large data sets and not understanding where to begin? How do you get useful data without wasting a lot of time? You’ve just discovered the magic of a PivotTable. PivotTables are simple to build and vital to your company’s performance, even with the most sophisticated standard reports.
A PivotTable is a tool for summarizing, sorting, reorganizing, grouping, counting, totaling, or averaging data in a table. It allows us to change rows into columns and columns into rows. It lets you to organize your data by any field (column) and perform complex calculations on it.
A PivotTable is a dynamic approach to summarize vast volumes of data rapidly which can be used to study numerical data in depth and to answer unexpected queries about your data. A PivotTable is used for the following purposes:
- Large volumes of data may be queried in a variety of ways that are easy to understand.
- Subtotaling and aggregating numeric data, summarizing data by categories and subcategories, and creating custom calculations and formulas.
- Expanding and collapsing data levels to focus your results, as well as drill down to details from the summary data for areas of interest.
- To see alternative summaries of the original data, by moving rows to columns or columns to rows.
- Filtering, sorting, grouping, and conditionally formatting the most relevant and intriguing subset of data allows you to concentrate just on the information you need.
- Creating online or printed reports that are simple, appealing, and detailed.
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