Creating a calculated field in a Pivot Table allows users to generate new data through calculations based on existing data fields. This facilitates better analysis and reporting by introducing new metrics such as profit calculations. It ultimately enhances data insights and simplifies complex calculations directly within the table. ;
The purpose of creating a calculated field in a Pivot Table is to generate new data based on calculations from existing data. This enhances analysis by allowing users to quickly derive insights and automate reporting. The correct answer to the multiple-choice question is B: To create new data based on calculations.
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