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Practical 12: Data Table in MS-Excel

Lesson 12 of 14 in the free Statistical Analysis using Excel Lab notes on Siksha Sarovar, written by Rohit Jangra.

Theoretical Questions

a) What is a Data Table in MS Excel? A Data Table is a What-If Analysis tool that calculates multiple results for one or two variable inputs simultaneously, displaying all outcomes in a tabular format automatically.

Importance:

  • Eliminates manual recalculation for each scenario
  • Shows how one or two variables affect a result
  • One-variable table: varies a single input (e.g., interest rate)
  • Two-variable table: varies two inputs simultaneously (e.g., loan amount + interest rate)

Location: Data → What-If Analysis → Data Table

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Question b: Qty × Price Revenue Table (One-Variable)

Setup:

CellLabelValue/Formula
B1Unit Price (₹)200
B2Quantity50 (variable cell)
B3Revenue=B1*B2

Data Table (Vary Quantity):

QtyRevenue
10(auto)
20(auto)
30(auto)
40(auto)
50(auto)
60(auto)
70(auto)
80(auto)

Steps:

  1. In column A: list quantity values (10, 20, 30…)
  2. In B (header row): enter the Revenue formula =B3
  3. Select A:B range → Data → What-If Analysis → Data Table
  4. Row input cell: blank; Column input cell: B2
  5. Click OK — Excel fills all revenue values automatically

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Question: EMI Data Table (Two-Variable)

Setup:

CellLabelValue
B1Loan Amount (₹)1000000 (variable)
B2Annual Rate (%)8% (variable)
B3Tenure (months)120 (10 years)
B4EMI=PMT(B2/12, B3, -B1)

Two-Variable Data Table:

6%7%8%9%10%
₹5,00,000(auto)(auto)(auto)(auto)(auto)
₹7,50,000(auto)(auto)(auto)(auto)(auto)
₹10,00,000(auto)(auto)(auto)(auto)(auto)
₹12,50,000(auto)(auto)(auto)(auto)(auto)
₹15,00,000(auto)(auto)(auto)(auto)(auto)

Steps:

  1. Row headers = Interest rates (6%–10%)
  2. Column headers = Loan amounts
  3. Top-left corner cell = =B4 (PMT formula reference)
  4. Select the entire table → Data → What-If Analysis → Data Table
  5. Row input cell: B2 (Rate); Column input cell: B1 (Loan Amount)
  6. Click OK