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Let's look at this spreadsheet.
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We have some ticker symbols in this column here and then a bunch of financial data,
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then we'll get to in a short while.
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Looking at this ticker symbol,
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we can see that each ticker symbol is repeated a few times.
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We want to create as part the data validation is a drop-down list that
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contains only one occurrence of each of these ticker symbols.
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To get started, we're going to use pivot tables.
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Well, there are many ways to create data validation drop-down list.
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This is one of the ways.
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So, we select ticker symbols,
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you go insert, fill the table,
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we've selected the cell already,
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and we say new worksheet,
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and it creates a pivot table here for us.
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We select ticker symbol,
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and it shows up under the rows,
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and you can see any repeated occurrences of each ticker symbol had been eliminated,
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and each symbol shows up only once.
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We need access to this unique list of names.
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I'm going to go ahead and paste it in here,
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and then once I've pasted and I'm going to go ahead and select it again,
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and use name box to give this list a name called company list.
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So, I'm going to have the selector,
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go to name box here and go to company list.
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Once I've done that, I can reference this list by
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simply calling this name in my formulas.
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We can now go ahead and create a new worksheet here.
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We're going to call it data validation.
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I'm going to type in ticker symbol because I want this to show up next to that,
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and then in this cell,
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I'm going to go Data, Data Validation.
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You have the option to choose various criteria.
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So, I'm going ahead and select a list,
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and as a source,
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I'm going to reference back to this list here,
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and I can see it automatically filled into named box,
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and I go ahead and click Okay, and there you have it.
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You have a data drop-down menu that only references each of these names separately.
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Another trick I just want to mention is that if you find
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that you're having problems with the data range it's not showing up correctly,
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you can go to the formula tab at the top,
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and you can go to Name Manager,
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and here you can actually see all named boxes that you have,
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and it tells you which file it's referring to,
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and you can confirm which ones you want to delete,
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which ones you want to edit,
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or you can use the edit option to do that and correct the reference,
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which sheet did refers to.
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So, this is also an option if you're having some trouble with
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the Data Validation. See you in the next video.
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