Section 4.3. Refining Metrics


4.3. Refining Metrics

BestSpeed tells us how fast a dog can run, but not how that speed compares to the speeds of the other dogs in a race. There are eight dogs in each race and one is the fastest. We need a way to rank the dogs in each race by speed. We start by sorting the data by Race and BestSpeed, as in Figure 4-8.

We insert a column between BestSpeed and PlacePay and label it SpeedRank. For the first race we enter the numbers 18. Then in cell G9 we enter the formula =G2, and fill this formula down to the bottom of the data, as in the Figure 4-9. Next, Copy and Paste Special (Values) on the G column.

Figure 4-8. Sort each race by BestSpeed


We also need a ranking by how often the dogs win. For this we use the Races and Wins columns. We create a new column called WinRatio. The value is Wins divided by Races for each dog. If a dog has no races, we set this value to zero since we cannot divide by zero. We then sort by Races and WinRatio and build a WinRank column just as we built SpeedRank. The setup is shown in Figure 4-10.

Once the WinRank column is filled down and columns H and I are copied and pasted as values, the data is ready to use.



Analyzing Business Data with Excel
Analyzing Business Data with Excel
ISBN: 0596100736
EAN: 2147483647
Year: 2006
Pages: 101
Authors: Gerald Knight

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