DAX ACCRINT Function

The DAX ACCRINT function calculates the accrued interest for a security that pays periodic interest. It takes several arguments, including the issue date, first interest date, settlement date, annual coupon rate, par value, frequency of payments, day count basis, and a logical value to determine the calculation method. The function returns the total accrued interest…

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DAX ABS Function

ABS stands for Absolute Value. It takes a number as input and returns its distance from zero, basically ignoring the positive or negative sign. So, ABS(5) returns 5, and ABS(-3) returns 3. You can use ABS to convert negative numbers into positives for calculations that only work with non-negative values. Imagine you need to find…

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Python Lesson 002: Communicating with Python using Print() and Input() Functions

Python offers a straightforward way to interact with the user through the print() and input() functions. The print() function displays information on the console, taking one or more arguments like strings, numbers, or variables. It can also be used to format output, write to files, and display results in real time. The input() function prompts…

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Creating Custom Functions in Excel without using VBA: A Deep Dive into LAMBDA

Traditionally, custom functions in Excel were created using VBA, a programming language. However, Microsoft introduced the LAMBDA function in 2020, allowing users to create custom functions without coding. Inspired by lambda calculus, LAMBDA functions are defined with a name, parameters, and a formula. They can be used directly or named for future reference. By using…

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Exploratory Data Analysis (EDA) on Netflix Userbase Dataset using Power BI and DAX

In this tutorial, we will perform Exploratory Data Analysis (EDA) on the Netflix userbase dataset. EDA is a technique used to summarize and analyze data sets using visualizations. The dataset contains various fields, including user ID, subscription type, monthly revenue, joining date, last payment date, country, age, gender, device, and plan duration. To get started,…

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