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(upbeat music)
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- [Instructor] In the previous movie,
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I asked you to perform three tasks with the sales data
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that is contained in columns A through C.
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So we have the day of the month and if we scroll down,
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you see that I have 30 days of data and then the number
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of customers for a given day and sales for a given day.
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So let's start out by calculating a running average,
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I'll click in cell D 4, type an equal sign
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and the average is the average
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of all of the days up to a certain point.
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So for example, for day four we would want to find
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the average of sales from days one through four,
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for day three, one through three.
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We do this using a mix of absolute and relative references.
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So in D 4, I'll type average
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and then I need to define my range of values
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and I'll start in cell C 4.
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I don't want this cell reference changing,
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so I'll press F4 on Windows,
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on the Mac it would be command T, then a right parenthesis
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and then we'll end this range also at C 4
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except I will leave this reference relative
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so that when the formula is copied down, it will change.
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So as it goes down a row
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it will add that cell to its average.
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Type a right parenthesis and enter,
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and you see that the average is 1359
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which is correct because there's only one value.
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Now I'll click cell D 4
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and then double click the fill handle
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at the bottom right corner.
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I know I'm in the right place
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when my mouse pointer changes to a black crosshair,
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double click and scrolling down I see that the average,
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the running average that is, changes over time
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and at the en, we're at 1319.47.
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And after a couple of days, it looks like it's settled down
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pretty nicely to about that value.
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If you want to see how your sales days are spread out
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you can create a histogram which lumps sales data
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or different values into bins.
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So let's go ahead and do that,
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I want to do it on my sales data,
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so I will select sales C 4 through C 33.
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So I'll click C 4, then press control, shift, down arrow.
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And that selects all the way
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down to the bottom of the column of data.
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And then I will click the insert statistic chart button
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in the charts group
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and I'll click the first item, which is histogram.
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And I will drag that up to the top
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and I'll make it a little shorter
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so I have room below and wider so all of the numbers appear
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and I will edit the chart title so it says Sales,
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and let's take a look at our chart.
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We have five bins and we can see
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that sales in the range of 749 to 1309,
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that is $749 to $1,309 are the most common.
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And then we had sales between 1309 and 1869
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as the next most common, and then smaller
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and larger sales days tail off toward the end.
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And it appears that we only had one value
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between 2429 and 2989, which isn't surprising,
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those are very large numbers
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especially compared to the average.
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Next, we can create an X, Y scatter chart to see
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if there's any relationship between the number
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of customers and sales for the day.
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To do that, I will select sales C 4 and B 4
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and then press control, shift, enter.
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And then on the insert tab,
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I will go to the charts group again,
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click insert scatter X, Y or bubble chart,
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and then I'll click the first scatter
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and drag my chart down.
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And I see a very clear relationship between the number
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of customers and the amount that was spent in the day.
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So I will change the chart title,
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Customers and Amount Spent,
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just to make sure I know exactly what the chart is showing
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and you can see that there is a very close relationship.
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So those are three ways to summarize your data
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using the techniques that you learned in this chapter.
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Calculate a running average, create a histogram,
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and then analyze your data using an X, Y scatter chart.
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