Why MS Excel?
Microsoft Excel is widely used for data analysis, financial modeling, and data visualization. The software allows users to organize, manipulate and analyze data in a tabular format. Users can create tables, charts, and graphs and perform calculations using a variety of built-in functions and tools. Excel also allows users to import and export data from various sources, such as databases and other spreadsheet programs. It also provides advanced features for data analysis and modeling such as Pivot tables, conditional formatting, and data validation, and goal seek. Additionally, Excel can be used for various purposes such as budgeting, accounting, and record keeping and it has a wide range of formulas and tools. It’s widely used by businesses, organizations and in academic institutions for various purposes.
What You Must Know
Here is a list of some of the Formulae and Tools you can use to enhance your productivity using MS Excel.
1. SUM
This formula is used to calculate the total of a range of cells.
2. AVERAGE
This formula calculates the average of a range of cells.
3. COUNT
This formula counts the number of cells in a range that contain numbers.
4. IF
This formula is used to perform logical tests and return a value based on the outcome.
5. VLOOKUP
This formula is used to look up a value in a table based on a specified criterion.
6. INDEX-MATCH
This formula is used to look up a value in a table based on a specified criterion and return a value from a specified column.
7. CONCATENATE
This formula is used to combine text from multiple cells into one cell.
8. LEFT-RIGHT-MID
These formulas are used to extract specific characters from a cell.
9. UPPER-LOWER-PROPER
These formulas are used to change the case of text in a cell.
10. COUNTIF-SUMIF
These formulas are used to count or sum cells based on a specified criterion.
11. PIVOT TABLES
These tools are used to summarize and analyze data in a flexible and interactive way.
12. CHARTS
These tools are used to create graphical representations of data, such as line charts, bar charts, and pie charts.
13. FILTERS
These tools are used to filter data based on specific criteria.
14. CONDITIONAL FORMATTING
This tool is used to apply formatting to cells based on specific conditions.
15. POWER QUERY
This tool is used to import and manipulate data from various sources.
16. POWER PIVOT
This tool is used to create powerful and dynamic data models for advanced data analysis.
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