A calculated area in a pivot desk represents a customized column whose values are derived by way of a formulation. This formulation makes use of different fields throughout the information supply to generate new, significant info for evaluation. For instance, one would possibly create a calculated area that represents the revenue margin by subtracting ‘Price of Items Bought’ from ‘Gross sales Income’, thereby offering a direct revenue margin determine throughout the pivot desk.
Using calculated fields considerably enhances information evaluation capabilities. It facilitates the creation of dynamic metrics and ratios that may in any other case require guide calculations or pre-processing of the supply information. This skill to generate new insights throughout the pivot desk atmosphere saves time, reduces errors, and permits for extra environment friendly exploration of the underlying information patterns.