This brings order to a pile of messy numbers, and there are a lot of different options for you to choose from. One of the most helpful things that Excel has to offer is that it allows you to sort your data. For example, professionals may use Excel data analysis to create graphs for a presentation, while what-if analysis is perfect for anyone looking to budget into the future.

The best options for you will depend on what you are using it for. You can turn it into charts and tables, and you can create forecasts that will give you projections based on certain scenarios happening. You can sort it, filter it, and format it. There are so many different tools available in Excel to help you analyse your data. Gathering data is relatively simple, however, as you can input your data into the spreadsheet and go from there. Data Gatheringĭata gathering is the first stage of almost every Excel spreadsheet, and the two most important questions that you need to ask yourself is: how are you going to lay this data out and what do you want to do with it?ĭata can come from so many different sources and be used for so many different purposes, that the analysis tools and options may vary. No matter what your reason for using Excel data analysis, there are a few basic steps that you’ll need to follow in order to get started. For instance, you could use it to track your fitness progress or monitor your spending habits. It can also help you to understand your data better so that you can make better decisionsĪnd it’s not just for businesses – you can use data analysis for personal purposes, too.

Well, data analysis can help you see trends, spot outliers, and make predictions. It can be used to create reports, track expenses, and more.Įxcel also has a number of features that allow you to perform data analysis, including pivot tables, formulas, and charts.īut why would users use Excel data analysis? Microsoft Excel is a computer software program that is used for organising and analysing data in tables and graphs.

11.4 Where can I learn more about data analysis in Excel?

How to show data analysis tool in excel