data analysis with excel for insurance companies

#Data analysis with excel for insurance companies how to#

The topics you will be learning this week: Performing logical operations with IF Applying advanced logical operations Categorising data with VLOOKUP Matching data with VLOOKUP and XLOOKUP and Advanced data matching with INDEX and MATCH. You will learn about one of the most widely used lookup functions in business - VLOOKUP, as well as other lookup functions such as INDEX and MATCH, as well as Excel newest lookup function - XLOOKUP. You will then learn about lookup functions - these are widely used in data analytics for connecting data sets as well as error checking.

#Data analysis with excel for insurance companies how to#

For more complex logic tree scenarios, you will learn how to use nested IF functions to evaluate data. You will then learn to conduct logic tests and use conditional operations. You will start by learning the concept of conditional logic, and how conditional logic works in Excel formulas. The two of these tools together will push your data analytics to the next level! Excel has several logical functions and this module explores some of them, such as AND, OR, and IF. Excel Rain Man can create an effective insurance database in Excel that can help you organize large amounts of data related to insurance policies, claims, and premiums. After getting this dialog box, just choose the worksheet option, and it. Then click as follows: Insert > PivotTable. Steps: First, click on any data from the dataset. We’ll analyze the profit according to individual regions. You will learn two great Excel skills in this week’s module - first, you will learn about conditional logic, and second, you will learn about automating lookups. Excel Pivot Table feature offers many useful ways to enter data in Excel for analysis. Transform your skills, your confidence, and your opportunities by adding this new set of skills to your repertoire. The Excel Skills for Data Analytics and Visualization courses are the sequel to one of most successful specializations on Coursera, Excel Skills for Business, which has attracted hundreds of thousands of learners and top ratings. You will find that Zara's trials and tribulations sound familiar, and together with Zara, you will develop your Excel skills along the way - and, importantly, have some fun doing it. Who is Zara? Well, she is no-one and everyone. To make the content easy to relate to and to personalize the learning experience, we are going to follow Zara's journey through the course. This course will enable you to build a strong foundation in the fundamentals, helping you to be more efficient in your day-to-day and developing the necessary skills to work with the more advanced techniques used in later courses.

When you have completed the course, you will be able to use a range of Excel tools and functions to clean and prepare data for analysis automate data analysis with the help of Named Ranges and Tables and use logical and lookup functions to transform, link and categorise data. In the first course of our Excel Skills for Data Analysis and Visualization Specialization, you will learn the fundamentals of Excel for data analysis.

Excel with its extraordinarily broad range of features and capabilities is one of the most widely used programs for doing this. As data becomes the modern currency, so the ability to analyse the data quickly and accurately has become of paramount importance.