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Quick measures: Quick measures are pre-defined calculations in Power BI that allow users to perform common calculations like year-to-date, month-to-date, moving averages, etc. These are super easy to use and do not require any coding skills.

DAX formulas: DAX (Data Analysis Expressions) is a formula language in Power BI that allows users to create customized calculations and measures. With DAX, users can write complex formulas that can handle more sophisticated calculations, such as calculating a churn rate or calculating the running totals of a metric over time.