Excel is a spreadsheet software application developed by Microsoft. It allows users to organize, manipulate, and analyze data using a grid of cells arranged in rows and columns. It can be used for a variety of tasks, including creating budgets, managing financial data, analyzing sales figures, and creating charts and graphs.
It offers many features and functions that make it a powerful tool for data analysis. These include formulas, which allow users to perform calculations on data within cells; charts, which allow users to visualize data in a graphical format; and pivot tables, which allow users to summarize and analyze large amounts of data.
Excel is widely used in many industries, including finance, accounting, and data analysis. It is available for both Windows and Mac operating systems and is part of the Microsoft Office suite of applications.
Microsoft Excel file types
- XLSX – This is the default file format for Excel since 2007. It is an XML-based file format that supports all features of Excel, including formulas, formatting, charts, and macros.
- XLSM – This is similar to the XLSX file format, but it allows the use of macros. Macros are small programs that automate repetitive tasks in Excel.
- XLS – This is the older file format used by Excel before the introduction of XLSX. It is a binary file format that supports all features of Excel but is not as efficient as XLSX.
- CSV – This is a comma-separated value file that stores data in a tabular format. It is a plain text file format that can be opened by Excel and other spreadsheet software.
- XML – This is an XML file format that stores data in a structured format. It is not as commonly used as XLSX but can be used to exchange data between different applications.
- TXT – This is a plain text file format that can be opened by Excel. It is commonly used to store data that does not require formatting or calculations.