Using What-If Analysis, you can visualize the effects of different variables, making it easier to assess risks and opportunities. In Excel, three primary tools are available for performing What-If ...

The Monte Carlo method seeks to improve the analysis of data using random data sets and probability calculations. A Monte Carlo simulation can be developed using Microsoft Excel and a game of dice ...

Integrated with Excel, Power BI Desktop combines the familiarity of Excel with advanced BI capabilities, making it an indispensable tool for professionals seeking to derive insights from their data.

Unlock more potential in Random number generation in Excel by reading previous articles we have written. How to use Microsoft’s Excel Data Analysis Toolpak Powerful Excel formulas you should ...

Use the RANDARRAY() dynamic array function to return random names or other text in Microsoft Excel.

When this field is used by itself, Analyze Data returns a unique count. Excel’s Analyze Data returns a lot of great information considering how easy it is to implement and use.