Microsoft Excel: Data Analysis Using Spreadsheet

Microsoft Excel is an essential software to all organizations regardless of the industry under which they operate. They can be embedded in various functions performed by each department ranging from assigning tasks to accounting. As a finance officer, Microsoft Excel is vital in conducting basic financial accounting. Spreadsheets are giant calculator that utilizes formulae to help solve computations. By entering data into the cells, finance professionals also have the flexibility to create charts and graphs over time to compare variables (Vermaat, 168). Moreover, I learned that the comparison feature is further enhanced by the existence of the Pivot Chart feature that allows an analyst to organize and select variables to be evaluated quickly.

The strongest feature of Microsoft Excel is its robustness and openness. It has a wide range of built-in functions, such as the MIN, MAX, and AVERAGE, which quickly calculate the selected cells’ values (Vermaat, 168). In addition, the software has a drag feature that allows the user to paste formulas in other cells by merely dragging the pointer. Although it is not covered in the Gradebook assignment, I noted that the Pivot Table contains a filter feature that can sometimes be used to categorize data as needed. I intend to research this feature further and become conversant with it as the Pivot Table is the center of all analyses. This is because it brings to life all the raw data that was entered and could not easily be interpreted in its original form. Overall, Microsoft Excel is vast, and it contains a lot of features that could not be all learned in one sitting, but I could say that I have identified a few new words, such as the Pivot Table.

Work Cited

Vermaat, Misty, et al. Discovery Computers 2016. Cengage Leanring, 2015.

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StudyCorgi. 2022. "Microsoft Excel: Data Analysis Using Spreadsheet." January 29, 2022. https://studycorgi.com/microsoft-excel-data-analysis-using-spreadsheet/.

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