Solved

Analyzing sales transactions - Excel - correlations

Posted on 2016-07-20
1
50 Views
Last Modified: 2016-07-25
Attached is an excel spreadsheet containing a number of sales transactions for an engineering parts distributor. These are the figures of one of the companies branches.

The data contains fields that provide detail about each sales transaction, product code, group etc.

However there are some fields that I don't understand (see below). I'm trying to find out what the entries under these fields could mean by testing for relationships between pricing, margin etc. For example it could be that "catalogue" pricing type could be different from the other pricing types and may have a link to the SPI text type. If I can figure out patterns relating to these values I will be able to analyse the data in greater detail, thus providing greater insight.

Interested to hear peoples findings and techniques for discovery.

Below are some of the fields and their values that I am trying to understand more about.

Fields

SPIText

values

Over Upper
Approval to Std
Below Approval

PricingType

Values

Catalogue
Fixed
NPF


SPIndex

random numbers

ProdSet

random numbers

Looking forward to your input

Mike
trans.xlsx
0
Comment
Question by:mikes6058
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
1 Comment
 
LVL 52

Accepted Solution

by:
Ryan Chong earned 500 total points
ID: 41722225
from my point of view, to first extracting the meaning from the data available by analysis, we must first understand the data itself.

you need someone or documentation that you can referring to in explaining what the data is all about. a code such as "NPF" is meaningless without knowing its definition. This is same for other columns and its values.
0

Featured Post

Salesforce Made Easy to Use

On-screen guidance at the moment of need enables you & your employees to focus on the core, you can now boost your adoption rates swiftly and simply with one easy tool.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

A little background as to how I came to I design this code: Around 5 years ago I designed an add-in that formatted Excel files to a corporate standard, applying different cell colours and font type depending on whether the cells contained inputs,…
This article descibes how to create a connection between Excel and SAP and how to move data from Excel to SAP or the other way around.
The viewer will learn how to create a normally distributed random variable in Excel, use a normal distribution to simulate the return on an investment over a period of years, Create a Monte Carlo simulation using a normal random variable, and calcul…
Graphs within dashboards are meant to be dynamic, representing data from a period of time that will change each time the dashboard is updated with new data. Rather than update each graph to point to a different set within a static set of data, t…

635 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question