=DAYS function is used to find out the number of calendar days between two selected dates. =COUNTA is used to check if a cell is empty or not. =LEN tools will give you access to find the total number of characters in a selected cell. The most simplest and powerful formulas used to analyze data is the CONCATENATE tool. Some Other Notable Data Analysis Tools in Excel This is a special add-in program in Excel that is used to analyze financial, engineering as well as statistical data. The Solver tool in Excel is used to carry out research to find the best solutions for all kinds of decision problems. The What-If Analysis tool in Excel lets you test different data values for formulas. The Excel tables enable you to easily analyze the data quickly. You can use a pivot table to extract the significance from a large set of data. It can be used to give a good representation of data that makes it easy to be interpreted. It is far more than just number representation.
When you want to use color to highlight cells that are dependent on the value, then the conditional formatting feature in Excel is the tool to use.Įxcel chart is easy to create. If you only want to find records that correlate with certain criteria, then the Filter feature can be used. Data can also be sorted in ascending or descending order. The sorting can be done on a single column or different columns. Sorting is a feature that helps you to sort data in Excel. Let’s find out some outstanding features in Excel that can be used to analyze data. These fifteen basic functions will aid your capacity to analyze data with ease. There are some simple functions that will greatly help you to analyze data. Sometimes, you need to go through training to be able to use the right formula to effectively run data analysis. Excel is one of the famous products of Microsoft.
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