Insert a new column2

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MISC

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Economics

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Jan 9, 2024

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1. Calculate Total Purchase Volume for Each Year: Create a new column for each year to calculate the total purchase volume. You can use the SUM function to sum the values in the respective columns for each year. For example, if your data starts in column B for 2005, use the formula in a new cell (let's say in cell D2 for 2005) to sum the volumes for 2005: excelCopy code =SUM(B2:B100) // Assuming your data goes from row 2 to row 100 Repeat this for each year. 2. Compare Yearly Totals: After calculating the total purchase volume for each year, you can compare the totals to see if the market grew or contracted. For each year, compare the total purchase volume with the previous year's total. You can use a formula like this: excelCopy code =IF(D2 > C2, "Grew", IF(D2 < C2, "Contracted", "No Change")) This formula compares the total purchase volume in 2005 (D2) with 2004 (C2). Adjust the cell references based on your data. 3. Calculate Growth/Contraction Percentage: If you want to quantify how much the market grew or contracted, you can calculate the percentage change. Assuming your result for growth/contraction is in cell E2, use the following formula to calculate the percentage change:
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