Why is Excel such an undervalued tool for data analysis?
Reasons for why is excel an undervalued tool for data analysis is: by kulfisoftware
Excel is used to do data analysis in a convenient and easy way with the shortest time required.
- Most of the people compare excel, with the highly recommended tools and they attained excel as useful. Excel such an undervalued tool for data analysis.
It’s an idiotic argument, made by very smart people who should know better.
- As a general tool for quickly building a huge variety of highly specialized timesaving workflow tools, I haven’t found anything better than Excel and Excel VBA, much as I’d like to.
- Yes, there are better tools for advanced statistical analysis. Yes, there are better tools for dashboarding. If you need a relational database, please don’t do it in Excel, though Excel & VBA can make an excellent and versatile front-end tool for databases.
- If you can find a specialized tool for doing the kind of work you want to do, and it’s a good one, it’s probably better at that specialized task than Excel. But that doesn’t mean there’s no use for an excellent general workhorse like Excel.
- Excel is also great for quick, ad-hoc general analysis. Sure, for a major big data statistical project, R is better. But that doesn’t mean R is better for everything.
- Consider this: You can make exactly the same kinds of fallacious arguments against using MS Word and other word processors. Because if you have advanced, specialized work to do with text, you can probably find a specialized tool more suited to that task than a general word processor.
- But if someone told you that this meant you should never use general word processors for anything, you would immediately recognize that argument as completely stupid. And you’d be right.