Introduction Excel is an application to store, organise, and analyse data in a spreadsheet. Whether you're a small business or a large corporation, Excel is a tool that you use daily to make sense of numbers and make decisions. I used to believe that data analysis was complicated and required some sort of complex software or coding until I started using Excel. So far in one week, I've learned that MS Excel is one of the most powerful and widely-used tools in the world with data, and it's much more easy to use than I ever thought. 3 Ways Excel Is Used in Real-World Data Analysis Business Decision-Making. Businesses use Excel to measure the performance of their sales, monitor inventory and compare how things are doing from one period to the next. Excel could be used by a business manager to rapidly determine which product line is not a success and to determine where resources will be directed. Financial Reporting.…