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Learn Automating Repetitive Calculations | Automating Business Analysis Tasks
Python for Business Analysts

bookAutomating Repetitive Calculations

Business analysts often perform repetitive calculations such as determining monthly totals, tracking percentage changes in sales, or calculating growth rates. These tasks, when done manually, can be time-consuming and prone to human error, especially as data grows in size and complexity. By automating these calculations with Python, you can streamline your workflow, ensure accuracy, and focus on higher-value analysis.

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def calculate_monthly_growth(sales): """ Calculate monthly growth rates from a list of sales figures. Returns a list of growth rates, where the first month is None. """ growth_rates = [None] # No growth rate for the first month for i in range(1, len(sales)): previous = sales[i - 1] current = sales[i] if previous == 0: growth = None else: growth = (current - previous) / previous growth_rates.append(growth) return growth_rates # Example usage: monthly_sales = [12000, 13500, 12800, 14200, 15000] growth = calculate_monthly_growth(monthly_sales) print(growth)
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The logic behind this calculation involves iterating through the list of monthly sales figures and, for each month after the first, computing the percentage change compared to the previous month. This is done by subtracting the previous month's sales from the current month's sales, dividing the result by the previous month's sales, and storing the outcome. If the previous month's sales are zero, the growth rate is set to None to avoid division by zero errors. The resulting list gives you a quick view of how sales figures are changing month to month.

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def print_growth_report(sales, growth_rates): print("Monthly Sales and Growth Report") print("-------------------------------") for i, (amount, growth) in enumerate(zip(sales, growth_rates)): if i == 0: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = N/A") elif growth is None: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = N/A") else: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = {growth:.2%}") monthly_sales = [12000, 13500, 12800, 14200, 15000] growth = calculate_monthly_growth(monthly_sales) print_growth_report(monthly_sales, growth)
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1. What is a key advantage of automating business calculations with Python?

2. How does automating calculations help reduce errors in business analysis?

3. Fill in the blanks: To calculate percentage change, subtract the ____ value from the ____ value, then divide by the ____ value.

question mark

What is a key advantage of automating business calculations with Python?

Select the correct answer

question mark

How does automating calculations help reduce errors in business analysis?

Select the correct answer

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Fill in the blanks: To calculate percentage change, subtract the ____ value from the ____ value, then divide by the ____ value.

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How can we improve it?

Thanks for your feedback!

SectionΒ 3. ChapterΒ 1

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bookAutomating Repetitive Calculations

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Business analysts often perform repetitive calculations such as determining monthly totals, tracking percentage changes in sales, or calculating growth rates. These tasks, when done manually, can be time-consuming and prone to human error, especially as data grows in size and complexity. By automating these calculations with Python, you can streamline your workflow, ensure accuracy, and focus on higher-value analysis.

1234567891011121314151617181920
def calculate_monthly_growth(sales): """ Calculate monthly growth rates from a list of sales figures. Returns a list of growth rates, where the first month is None. """ growth_rates = [None] # No growth rate for the first month for i in range(1, len(sales)): previous = sales[i - 1] current = sales[i] if previous == 0: growth = None else: growth = (current - previous) / previous growth_rates.append(growth) return growth_rates # Example usage: monthly_sales = [12000, 13500, 12800, 14200, 15000] growth = calculate_monthly_growth(monthly_sales) print(growth)
copy

The logic behind this calculation involves iterating through the list of monthly sales figures and, for each month after the first, computing the percentage change compared to the previous month. This is done by subtracting the previous month's sales from the current month's sales, dividing the result by the previous month's sales, and storing the outcome. If the previous month's sales are zero, the growth rate is set to None to avoid division by zero errors. The resulting list gives you a quick view of how sales figures are changing month to month.

1234567891011121314
def print_growth_report(sales, growth_rates): print("Monthly Sales and Growth Report") print("-------------------------------") for i, (amount, growth) in enumerate(zip(sales, growth_rates)): if i == 0: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = N/A") elif growth is None: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = N/A") else: print(f"Month {i+1}: Sales = ${amount:,.2f} | Growth = {growth:.2%}") monthly_sales = [12000, 13500, 12800, 14200, 15000] growth = calculate_monthly_growth(monthly_sales) print_growth_report(monthly_sales, growth)
copy

1. What is a key advantage of automating business calculations with Python?

2. How does automating calculations help reduce errors in business analysis?

3. Fill in the blanks: To calculate percentage change, subtract the ____ value from the ____ value, then divide by the ____ value.

question mark

What is a key advantage of automating business calculations with Python?

Select the correct answer

question mark

How does automating calculations help reduce errors in business analysis?

Select the correct answer

question-icon

Fill in the blanks: To calculate percentage change, subtract the ____ value from the ____ value, then divide by the ____ value.

Everything was clear?

How can we improve it?

Thanks for your feedback!

SectionΒ 3. ChapterΒ 1
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