With the popularity of ChatGPT there has been a lot of buzz around generative AI and its capabilities. I’ve been using tools like BingChat and I can confidently say that I’m very impressed with our progress in the field of Generative AI. But, please remember AI aka “Deep Learning” is not just limited to Generative AI we can also use it for various tasks such as Computer Vision, Tabular Analysis, Collaborative Filtering etc....
Probability and Proportion are not the same. Although they appear to be the same however there is a very thin line between these two concepts. Let me explain! Probability vs Proportion What is probability? Wikipedia definition “Numerical descriptions of how likely an event is to occur or how likely the proportion is ture” Simply put, it’s a way of measuring an expected outcome of an event. For example, if I flip a fair coin what are the chances of getting a Head....
Very often we use Best-case and Worst-case scenarios to explain uncertainty. If you are into Sales or Revenue forecasting then you should be familiar with these terms. To understand further you can read the scenario planning article here. In this tutorial, I’ll show you how to create a nice little Best case and Worst case chart in excel to explain the underlying uncertainty. Excel chart for best & worst case If you know how to create a Line chart in excel then it will be very quick and easy....
Very often, you will have to construct an excel SUMIFS formula with multiple criteria based on the same column values. Which is equivalent to the SUMIFS formula with multiple OR conditions. I guess you may have tried it…but find it difficult to achieve. Because the Excel SUMIFS formula does not have any such option. So let me explain how to achieve this using a few tricks. Excel SUMIFS with multiple criteria If you are reading this article then I’d assume you already know how to use SUMFIS in general, if not then here is my SUMIFS tutorial....
I went from being a bad excel user to a professional after learning these excel tips and tricks. The good news is I’m going to teach you these tips using simple and real-life examples. There has been so much written about the best excel tips and tricks on the internet, I could literally find 2,23,000 exact matches by the time of writing this article. So, I don’t want to write one more article with all the garbage....