Spreadsheets: Friend or Foe?

A Best Practice Approach for Conducting Your What-if Analyses

Spreadsheets: Friend or Foe? A Best Practice Approach for Conducting Your What-if Analyses

While traditional spreadsheets allow for tremendous flexibility within data sets, data tables can be far more effective tools for disciplined modeling and analysis. This paper explores some of the key challenges of using spreadsheets for data entry and analytics, showing how limitations like large, unwieldy data sets and unintentional errors can be overcome.

With the analytical capabilities available within JMP®, analysts can better govern data and execute complex analyses. In this paper, we see how JMP data tables elegantly facilitate scenario-based planning, optimization and what-if analyses.

It will be of interest to those who want to up their analytics game by supplementing spreadsheet analyses with the powerful, regimented capabilities of the data table.

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