Data may be classified into two main forms:ĭata that can be represented in the form of a number is known as quantitative data. To start the process of data analysis, the first step is to correctly classify and store your data. In this tutorial, we explore the d ifferent ways you can use Excel to analyse and interpret your data. Microsoft Excel provides simple and easy to use functions to help you correctly analyze and present the data in ways that help get meaningful conclusions from the data. Every business sector today requires data interpretation in some form or the other. Data analysis is the process of identifying, processing and modeling data with the sole purpose of extracting factors that aids in decision making.
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