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What is Excel?

Last Updated: 16 Apr, 2024
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Microsoft Excel is a powerful tool used by students, professionals, and beginners to organize, analyze, and present data. Its user-friendly design and wide range of features help in creating sheets, entering data, performing calculations, and visualizing information easily.

Introduction to Excel

Microsoft Excel, which is a part of Microsoft Office, assists in managing data through tables, calculations, graphs, and pivot tables. It's crucial for organizing information and performing various analyses, making it a valuable tool for both beginners and professionals alike.

Microsoft Excel, often referred to as Excel, is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS1. It’s part of the Microsoft 365 suite of software, which also includes Word, PowerPoint, Teams, Outlook, and more.

Excel organizes data in a grid of cells arranged in numbered rows and letter-named columns to facilitate data manipulations like arithmetic operations. It has a wide range of features that make it a powerful tool for data entry, manipulation, and analysis.

Excel Features

Calculation Capabilities: Excel can perform mathematical functions on the data1.

Graphing Tools: It can display data as line graphs, histograms, charts, and even limited three-dimensional graphical displays1.

Pivot Tables: These are tools for data analysis that simplify large data sets1.

Visual Basic for Applications (VBA): This is a macro programming language that allows the user to employ a wide variety of numerical methods1.

Excel is used widely in various fields, including business, finance, academia, and more. It’s particularly popular for its ability to perform complex calculations, create graphs and charts, and build pivot tables for data analysis. Whether you’re a student, a data analyst, a business professional, or just someone looking to organize personal data, Excel can be an incredibly useful tool.

Difference Between Excel vs. Google Sheets

Google Sheets and Excel are similar tools, but Google Sheets is free and allows multiple users to edit the document at the same time, promoting seamless collaboration.

What is Excel Used

The possibilities with Excel spreadsheets are vast. Here are just a few examples:

  • Balance sheets
  • Budgets
  • Calendars
  • Data reports
  • Forms
  • Income statements
  • Invoices
  • Mailing lists
  • Planning documents
  • Timesheets
  • To-do lists

These documents can be applied to both your business and personal life, making Excel a versatile tool for organization and calculations.

How to Use Excel

Step 1: Open Excel

Start by opening Microsoft Excel. You can do this by clicking on the Excel icon on your desktop or from the Start menu.

Step 2: Create a New Workbook

Once Excel is open, you can create a new workbook by clicking on File > New > Blank Workbook.

Step 3: Enter Data

Now you can start entering data into the cells. Just click on a cell and start typing.

Step 4: Save Your Workbook

To save your workbook, click on File > Save As, then choose a location, enter a file name, and click Save.

Step 5: Use Formulas

To perform calculations, you can use formulas. For example, to add numbers in cells A1 and A2, you would click on cell A3, type =SUM(A1:A2), and press Enter.

Step 6: Create a Chart

To create a chart, first select the data you want to include in the chart. Then, click on the Insert tab and choose the type of chart you want to create from the Charts group.

Step 7: Filter Data

To filter data, click on the Data tab and then click Filter in the Sort & Filter group. Click the arrow in the column header to choose a filter for the data.

Use Conditional Formatting: To visually analyze data, use conditional formatting. Select the cells you want to format, click on the Home tab, and then click Conditional Formatting in the Styles group. Choose a formatting style from the dropdown menu.

Excel Basics

As you begin your Excel journey, here are some essential commands to learn:

  • How to create a new spreadsheet
  • How to format column or row text and titles
  • How to perform basic arithmetic operations (+, -, *, /) between cells
  • How to add or delete columns, rows, and pages
  • How to sort your data

Once you have mastered the fundamentals, you can delve into different Excel formulas to enhance your data manipulation.

Excel Formulas

In Excel, there are many formulas you can use for working with data. All formulas start with an equal sign (=). To use a formula, start by typing the equal sign in the cell where you want the result to show up.

Basic Formulas in Excel

There are some of the important Excel formula as mentioned below:

1. Add: Use the plus sign (+) to add values from two or more cells.

  • Example =A4+D5

2. Subtract: Use the minus sign (-) to subtract values from two or more cells.

  • Example=A4-D5

3. Multiply: Use the asterisk () to multiply values from two or more cells.

  • Example=A4*D5

4. Divide: Use the forward slash (/) to divide values from two or more cells.

  • Example=A4/D5

5. DATE: Creates a date value based on specified year, month, and day.

  • Example=DATE(2022, 3, 27)

6. IF: Performs a logical test and returns different values based on the test result.

  • Example=IF(A1>B1, "Yes", "No")

7. AVERAGE: Calculates the average of values in a range.

  • Example=AVERAGE(B1:B5)

8. VLOOKUP: Searches for a value in a table and returns a corresponding value from another column.

  • Example=VLOOKUP(A2, Table1, 2, FALSE)

9. INDEX/MATCH: Retrieves a value from a specific row and column intersection in a table.

  • Example=INDEX(Table1, MATCH("Criteria", Column1, 0), 3)

We can use parentheses to create complex formulas that combine these operations.

  • Example: =((A4+C4)/(D5-C5)*3)

Excel Functions

Excel functions are like shortcuts that help you do things faster. For instance, instead of writing a long formula to add numbers, you can use the SUM function to quickly add up a bunch of numbers at once. Let's explore some popular functions:

1. SUM: We can use the SUM function to add up numbers in a range of cells. Just put the range of cells you want to add inside parentheses. For example, to add the values in cells A1 through A17, use the formula =SUM(A1:A17).

2. AVERAGE: The AVERAGE function calculates the average of numbers in a range of cells, similar to how the SUM function adds them up. For instance, to find the average of values in cells A1 through A17, you can use the formula =AVERAGE(A1:A17).

3. IF: Excel's IF function allows you to set conditions for Excel to follow. If a condition is met (true), Excel performs one action, if not (false), it performs another. This helps customize Excel's responses based on specific criteria you define.

4. VLOOKUP: The VLOOKUP function in Excel searches for specific data in your spreadsheet's rows or columns. Its syntax, VLOOKUP(lookup value, table array, column number, approximate match (TRUE) or exact match), helps you find and retrieve information based on what you're looking for.

5. COUNTIF: The VLOOKUP function in Excel searches for specific information in your spreadsheet's rows or columns. It uses the syntax VLOOKUP(lookup value, table array, column number, approximate match (TRUE), or exact match) to find and fetch data based on what you're searching for.

Conclusion

Google Sheets and Excel are both good for working with data. Excel is powerful for advanced tasks and data analysis, while Google Sheets is great for teamwork and collaboration. Choose based on whether you need offline features (Excel) or real time collaboration (Google Sheets) for managing data effectively.


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