How can you create a calculated column in Power BI?

Creating a calculated column in Power BI involves utilizing formulas within the data model. This allows you to define new data fields based on existing data by applying mathematical or logical operations. For instance, you can use DAX (Data Analysis Expressions) functions to perform calculations on specific rows of your data, dynamically generating values that are integrated into your data model.

This method provides flexibility and powerful data manipulation capabilities, enabling users to derive insights and create new analytical perspectives from their datasets. Built-in DAX functions can automate calculations, aggregating and transforming data effectively, which is essential for thorough data analysis and visualization.

While there are many ways to interact with your data in Power BI, such as utilizing drag and drop features to create visualizations or querying with SQL, these methods do not specifically pertain to the creation of calculated columns. Manually entering each value is also impractical for large datasets and does not leverage the capabilities of the data model for calculations.