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MS Excel as a Tool for Interpreting Data

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1. Describe ways in which the use of MS Excel as a tool for interpreting data can be used by a manager of an organization.

2. What potential legal and ethical issues could arise if the information gained in this survey was used to create an ideal profile of characteristics that the company looked for when hiring employees?

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Solution Summary

An explanation of the uses of Excel as a tool for data collection and interpretation. This also includes a discussion of the legal and ethical issues of the use of survey data.

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1. To perform Data analysis skills using Microsoft Excel:
For example, managers use Excel to transform the information in spreadsheets, databases, and servers into faster, better business decisions. The manager uses the data analysis capabilities of Excel applications to capture data, analyze trends, identify risks and seize opportunities. It covers everything from mastering the basics of sorting, filtering, and formatting data to performing sophisticated what-if scenarios, analyzing multidimensional data, and even creating automated data-analysis solutions.

Helps managers turn data into results, such as:
- Help numbers tell the story with compelling, well-designed Excel charts, graphs, and reports
- Use PivotTable and PivotChart dynamic views to detect patterns and ...

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