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Leveraging the power of statistical summaries and functions in Power BI allows you to derive deeper insights from your data.
Use Power BI visuals to display statistical summaries
After setting up a data model, you can create visuals to display key statistics. For example, you might want to display:
- Total sales per product
- Total sales per customer segment
- Monthly or daily sales
You can do this by adding visuals like bar charts, pie charts, or tables to your Power BI dashboard.
Apply built-in functions to derive insights
Power BI offers various built-in mathematical, statistical, and aggregation functions that you can apply to your data for deeper insights. For example:
- You can use the AVERAGE function to find the average sales per product.
- You can use the MEDIAN function to find the middle point of sales data.
- You can use the MIN and MAX functions to find the highest and lowest sales figures.
You can apply these functions by creating and adding measures, such as average sales, to any visual to display the average sales per product.
Customize your dashboard
Dashboard customization makes it more engaging and understandable for your audience. You can:
- Add slicers or filters to allow users to analyze data by specific criteria, like product categories or customer regions.
- Use conditional formatting to highlight high or low performers.
- Add tooltips to provide additional context or explanations.