Hello All,
I am a brand new Alteryx user (after years on Excel) and loving it!
I need your help on how to project data using some parameters and conditions for a certain number of years (and report values for each projected year). To simplify the problem here is what I need help doing in Alteryx:
- A record (a person) will have CURRENT AGE and SALARY. I have over 600K records.
- SALARY needs to be projected for 50 years (basically applying a salary increase each year for each record).
- CONDITIONAL STATEMENT: For any record salary projections should end if projected age (CURRENT AGE plus projected years) is more than 55.
- Finally for each projected year’s salary we are multiplying this by a number (say probability) which is based on CURRENT AGE plus projected number of years. These values can be obtained by looking up a PROBABILITY TABLE.
- I need to tabulate values of each projected year for each record.
I can easily do all of the above in Excel using conditional statements and VLOOKUP. I would build a parametrized conditional formula and drag it across the worksheet for 50 columns. Each cell would then get populated accordingly.
Now how do I even start all this Alteryx?? Please help!!
I have attached a sample Excel file with my Excel formulae built in for your reference.
Thanks so much!
Yusuf
PS: I could not find something similar to my problem when I searched the community – please forgive if this has been addressed somewhere before.