What is Cohort Analysis? || Retention Rate || Data Analysis || Dynamic Array Formulas

In this tutorial, you will learn the meaning of cohort analysis and how to calculate retention rate to understand patterns in customer behavior for better decision-making. Please check out other videos on my channel and don't forget to comment, like, share, subscribe, and click the bell icon so you'll get a notification when the next video is uploaded. Thanks! Content 00:02 Intro 00:16 What is a cohort? 00:47 What is cohort analysis? 01:23 Types of cohort analysis 02:03 How to perform cohort analysis 05:25 The data 05:57 Purchase rate 03:10 Date of first purchase 03:29 Group into cohorts 03:53 Age of cohorts 04:30 Cohort table 07:15 Understanding the result 09:00 Retention rate Thank you! Connect with me on: 👉Instagram https://www.instagram.com/youexceltutorials/ 👉Facebook https://www.facebook.com/youexceltutorials 👉Twitter https://twitter.com/youexceltutor 👉 TikTok https://www.tiktok.com/@youexceltutorials 👉LinkedIn https://www.linkedin.com/in/bunmi-sanusi/ 🎬Check these tutorials: Excel functions https://youtube.com/playlist?list=PLQkwVdU9TxqSRfon5uw5rhuf5VZFuxKMW Financial analysis https://youtube.com/playlist?list=PLQkwVdU9TxqTSL3bCQa3IaNSXFOyLvY3N ⬇️Download the file here https://docs.google.com/spreadsheets/d/1T6wY_iURkOO4CHih1pb4SR3m_adJLnmf/edit?usp=share_link&ouid=112939358226643879339&rtpof=true&sd=true 📢” I’ll refresh tired bodies; I’ll restore tired souls” (Jeremiah 31:25) MSG #cohortanalysis, #dynamicarrayformulas, #youexceltutorials,