What is Excel?
Excel is a spreadsheet program from
Microsoft and a component of its Office product group for business
applications. Microsoft Excel enables users to format, organize and calculate
data in a spreadsheet.
Excel contains a large number of boxes called cells
that are ordered in rows and columns. Data is placed in these cells.
The Extension of Excel is .xls.
Use of Excel
Ø 👉collection
and verification of business data;
Ø 👉business analysis;
Ø 👉data entry and storage;
Ø 👉data analysis;
Ø 👉performance reporting;
👉strategic analysisExcel Terminology
👉Cell. A user enters data into a cell, which is
the intersection of a column and row.
👉Cell reference. This is the set of coordinates
where a cell is located. Rows are horizontal and numbered whereas columns are
vertical and assigned a letter.
👉Active cell. This is the currently selected cell,
outlined by a green box.
👉Workbook. This is an Excel file that contains one
or more worksheets.
👉Worksheet. These are the different documents
nested within a Workbook.
👉Worksheet tab. These are the tabs at the bottom
left of the spreadsheet.
👉Column and row headings. These are the numbered
and lettered cells located just outside of the columns and rows. Selecting a
header highlights the entire row or column.
👉Formula. Formulas are mathematical equations,
cell references or functions that can be placed inside a cell to produce a
value. Formulas must start with an equal "=" sign.
👉Formula bar. This is the long input bar that is
used to enter values or formulas in cells. It is located at the top of the
worksheet, next to the "fx" label.
👉Address bar. This bar located to the left of the
formula bar shows the number and letter coordinates of an active cell.
👉Filter. These are rules a user can employ to
select what rows in a worksheet to display. This option is located on the top
right of the home bar under "Sort & Filter." An auto filter
option can be selected to show rows that match specific values.
👉AutoFill. This feature enables users to copy data
to more than one cell automatically. With two or more cells in a series, a user
can select both cells and drag the bottom right corner down to autofill the
rest of the cells.
👉AutoSum. This feature enables users to add
multiple values. Users can select the cells they want to add and press the Alt
and Equal keys. There is also a button to enable this feature on the top right
of the home page, above "Fill" and to the left of "Sort &
Filter."
👉PivotTable. This data summarization tool sorts
and calculates data automatically. This is located under the insert tab on the
far left.
👉PivotChart. This chart acts as a visual aid to
the PivotTable, providing graph representations of the data. It is located
under the middle of the insert page, next to maps.
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