Dear friends, could you please help me with the following. Let's suppose I have a table with:
Regions | Market size | Reported Market Share |
Region A | 1,400 | 8% |
Region B | 1,500 | 14% |
Region C | 1,800 | 7% |
Region D | 700 | 10% |
But I also know that market share are not precise enough. Because total real market share in the country (that consists out of this 4 regions) is 12%. And if we do the math in table above, it will return us 9.6%.
In Excel I would make a cell called "Adjustment coefficient", make a new column "Adjusted market share" (reported MS multiploed by the adjustment coeffecient) and run solver to tell me, that if market share in each region is proportionally increase by 1.2510, our total market share in country will match.
But what is the best way to do it in Alteryx?
My goal is to get result like this:
Regions | Market size | Reported Market Share | Ajusted Market Share |
Region A | 1,400 | 8% | 10% |
Region B | 1,500 | 14% | 18% |
Region C | 1,800 | 7% | 9% |
Region D | 700 | 10% | 13% |
Solved! Go to Solution.
If I'm understanding this correctly, I can think of a couple approaches in Alteryx.
I've attached a workflow that does it each way. Hope that helps!