CIA – 4

Skill Enhancement Course

Topic – Brief Report on Learning from CIA 1, CIA2, CIA 3

Submitted to:

Dr Santosh Baheti

Assistant Professor, School of Business and Management Christ (Deemed to be University),

Bengaluru

Submitted by:

Keshav Kumar Tibrewal 2220727

3BBA-G

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This report provides an overview of the most significant lessons discovered through the use
of various Excel functions. Among the topics covered are table formatting, the VLOOKUP
and HLOOKUP functions, data consolidation, aggregation functions, correlation, regression,
and what-if analysis.

Table Formatting:

We can track sales data in an eye-catching, neatly arranged Excel table by using table
formatting. We can use appropriate borders, colours, and fonts in the table to make it more
user-friendly. Proper table formatting improves data readability and clarity, which facilitates
user comprehension of the presented information. Properly formatted tables divide the data
into sections with borders and titles, providing an organised framework. Data formats that are
visually appealing have the power to captivate audiences and make them pay more attention.
Important information can be highlighted through formatting by emphasising particular data
points. Maintaining consistency in table formatting is essential to improve data reliability,
give the presentation a polished and unified look, and lessen confusion.

HLOOKUP and VLOOKUP Functionalities:

With the VLOOKUP and HLOOKUP functions, specific data from the sales table can be
obtained for analysis or reporting. The functions VLOOKUP and HLOOKUP aid in data
analysis and retrieval by extracting particular data from tables. These features make it
possible to link and extract pertinent data, which permits cross-referencing between datasets.
By following these procedures, you can manage errors like #N/A and preserve data accuracy.

Data Consolidation:

By downloading data from websites like NSE and BSE, information from different sources
can be combined. Gaining a comprehensive comprehension of their company's performance
and market trends requires doing this. Compiling information from multiple sources—such as

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financial markets or distinct departments—gives a complete picture of the performance of the
company. By removing data silos, data consolidation enhances data management and
decision-making. By simplifying data, data consolidation shortens the time needed for
analysis to switch between sources.

Aggregate Functions:

Excel functions that can be used to aggregate and analyse sales data include SUM, COUNT,
MIN, MAX, and AVERAGE. These functions facilitate the understanding of total sales,
quantity of books sold, minimum and maximum sales, and average sales. Large datasets can
be analysed and summarised with the help of auxiliary functions like SUM, COUNT, MIN,
MAX, and AVERAGE. Performance metrics that can be calculated with the help of these
functions include total sales, number of items sold, minimum and maximum values, and
average values. Aggregation functions offer useful data for decision-making in a variety of
sectors, such as manufacturing, sales, and finance.

What-If Analysis:

This feature enables the exploration of multiple scenarios and the understanding of how
modifying specific factors (such as pricing or sales volume) may impact the bookshop's
profitability. WhatIf Analysis facilitates the exploration of various scenarios and elucidates
the effects of changing one or more variables on the performance of an organisation. Because
it allows businesses to make decisions based on possible outcomes, it facilitates strategic
planning. How-If Analysis is a risk assessment tool that aids in locating possible problems
and suggesting countermeasures.

Correlation and Regression:

By looking at the correlation between variables (like sales and advertising costs), one can
discover more about the relationships between them. Regression analysis can help predict
future sales based on historical performance and other factors. Correlation analysis can be used
to understand the relationships between different variables, such as sales and advertising
expenses. Predictive modelling, which helps project future trends based on historical data, is
made possible by regression analysis. These methods aid in strategy optimisation and data-
driven decision-making.

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