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Zenna Akinyi
Zenna Akinyi

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How Excel is Used in Real-World Data Analysis

Introduction

Excel converts raw data to useful data in rows and columns, allowing you to perform calculations, create charts, analyze data, and automate tasks with formulas and functions. The rows are represented using numbers, while the columns are represented by letters. Cells are where columns and rows intersect. Excel worksheets contain columns and rows, while the workbook has several sheets.

Uses of Excel in the real world

  • To understand what is happening: A small shop owner can use Excel to track daily sales and could create a pivot table to show sales that are highest on weekends and lowest on Mondays, while a line chart reveals that phone accessory sales spike every December to help them understand which products sell when and plan stock accordingly.
  • To spot problems: A teacher could use Excel to highlight all student grades below 50% in red, instantly spotting which students need extra help.
  • To predict the future: A farmer can use Excel, with the last 3 years of rainfall and crop yield data, to predict next season's harvest, while a small business owner can use it to predict next month's sales based on the past 12 months, helping them decide how much inventory to order and when to hire temporary staff.

Uses of Excel functions

Excel has several functions. I have listed a few
ctrl+shift+$ is used to change the currency.
conditional formatingis used to highlight the color.
alt+H+O+Iis used to separate data.
proper functionis used to capitalize the first letter.
lower functionis used to convert to lowercase
upper functionis used to convert to uppercase
alt+H+Bis used to underline the header

More excel functions

Conclusion

Before learning Excel, all I saw was numbers and too much information. I thought it was just a data entry tool and that was it. Excel has taught me problem-solving skills, patience, keenness, and to slow down and listen to my data because behind every piece of data there is a decision to be made or a decision was made. Now I see Excel as a powerhouse for better decisions, and my perspective on data has definitely changed.

Top comments (2)

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dataanalyst_bree profile image
Brigid Chepkemoi

Good effort, Zenna. The article covers a relevant topic on how Excel is used in real-world data analysis; to improve it further, make sure the examples clearly show how Excel supports data cleaning, formulas, reporting, visualization, and decision-making.

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zenna_akinyi_38b003ba42c0 profile image
Zenna Akinyi

Thank you.