Inside the Insert Function dialog, you typed sumif in the Search for a function input, pressed the Enter key, and clicked the OK button. In the Lookup & Reference menu, you clicked the Insert Function… menu item. In the Formulas Ribbon Tab in the Function Library Ribbon Group, you clicked the AutoSum button arrow, clicked the Lookup & Reference button.
Use the range name Category for the Range argument, the text string "Office Expense" for the Criteria argument, and Cost for the Sum_range argument. You clicked cell A1, double-clicked in cell A1, double-clicked in cell A1, clicked cell A1, clicked the A1 Cell Input, typed in cell A1, clicked cell A1, double-clicked in cell A1, double-clicked in cell A1, typed in cell A1, clicked the formula bar, typed "" in the formula bar, clicked the formula bar, typed "=now()" in the formula bar, and pressed Enter.Įnter a formula in the selected cell using SUMIF to calculate the total expenses for the category Office Expense. Insert the current date and time in cell A1. Select the Slicer Style Light 5 slicer style. Set the slicer to Slicer Style Light 5.Ĭlick the Insert Slicer button. This shows a clear pattern or trend.Add a slicer based on the Location column. Moving Average : This trendline is useful in forecasting through moving average.Like a power trendline, you can’t use an exponential trendline with negative or zero values. Exponential: An exponential trendline is also a curve line that’s useful for data sets with values that rise or fall at increasingly higher rates.This trendline is only possible for positive values. Power: A power trendline is another curve line used with data sets comparing values that increase at a specific rate.The fluctuations are seen as a hill or valley in the trendline. Polynomial: A polynomial trendline is also a curved line used to visualize data fluctuations.It’s a best-fit curved line and uses a negative and/or positive values. Logarithmic: This one is commonly used when there are quick changes in the data which levels out.
Results are easy to interpret as they’re either increasing or decreasing at a steady rate.
A trendline, also called “a line of best fit”, is an analytical tool that is used to visualize and represent the behavior of a data set to see if there’s a pattern.
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