Average and Average ifs excel function in tm1
Posted: Fri Sep 29, 2017 2:50 pm
Hi ,
I am planning to build a credit scoring model in tm1 based on last 24 month sales of customer . Ideally this should have been done in excel after exporting the data in tm1.But however i wanted to try if the calculations are able to performed in tm1 .
Calculation 1 :
I will have 24 months of sales and I have to compute the average sale of this month.It should not include sales with zero values .
say if only 22 months has sales = 22 months sales number /22
I will need the formula to achieve this calculated measure average .so the rule has to do this .
Calculation 2:
Use similar to excel's AverageIFs calculation
while doing average check if each month sales is less than 3 times the 24 month average value and greater than zero.
Averageifs(24 month sales,24 month sales, <3*Average& >sales>0)
This calculation is to remove the outliers.
Thanks,
I am planning to build a credit scoring model in tm1 based on last 24 month sales of customer . Ideally this should have been done in excel after exporting the data in tm1.But however i wanted to try if the calculations are able to performed in tm1 .
Calculation 1 :
I will have 24 months of sales and I have to compute the average sale of this month.It should not include sales with zero values .
say if only 22 months has sales = 22 months sales number /22
I will need the formula to achieve this calculated measure average .so the rule has to do this .
Calculation 2:
Use similar to excel's AverageIFs calculation
while doing average check if each month sales is less than 3 times the 24 month average value and greater than zero.
Averageifs(24 month sales,24 month sales, <3*Average& >sales>0)
This calculation is to remove the outliers.
Thanks,