As the Series X value, select the independent variable for your data point.Enter a meaningful name in the Series name box, e.g.In the Edit Series window, do the following:.In the Select Data Source dialogue box, click the Add button.Right-click any axis in your chart and click Select Data….For this, we will have to add a new data series to our Excel scatter chart: With the source data ready, let's create a data point spotter. In G2, pull the advertising cost for the target month by using this formula:Īt this point, your data should look similar to this:.In F2, insert the following VLOOKUP formula to extract the number of the sold items for the target month:.It is important that you enter the label exactly as it appears in your source table. In our case, let it be the month of May in cell E2. Enter the point's text label in a separate cell.That means we need to get the x ( Advertising) and y ( Items sold) values for the data point of interest.
Extract x and y values for the data pointĪs you know, in a scatter plot, the correlated variables are combined into a single data point. So, we need to figure out a way to find, highlight and, optionally, label only a specific data point. But our scatter graph has quite a lot of points and the labels would only clutter it. If we had fewer points, we could simply label each point by name. Now, you want to be able to quickly find the data point for a particular month. Supposing, you have two columns of related numeric data, say monthly advertising costs and sales, and you have already created a scatter plot that shows the correlation between these data:
HOW PICK A POINT ON FIELD GENIUS PROFESSIONAL
Professional data analysts often use third-party add-ins for this, but there is a quick and easy technique to identify the position of any data point by means of Excel. In situations when there are many points in a scatter graph, it could be a real challenge to spot a particular one. Today, we will be working with individual data points.
HOW PICK A POINT ON FIELD GENIUS HOW TO
Last week we looked at how to make a scatter plot in Excel.
The tutorial shows how to identify, highlight and label a specific data point in a scatter chart as well as how to define its position on the x and y axes.