When you have imported your data and converted it to an Excel range, you might face a challenging question: What is the next step? This question is especially relevant for tables that contain a large amount of numerical data. You might assume that those numbers have some valuable information for you to extract, but how do you achieve that? You might expect that the data has some useful implications for your business, but how do you interpret them?
One way to answer these questions is to use Excel’s database functions. These are special functions that allow you to perform statistical analysis on your data, such as calculating averages, counts, sums, or other metrics based on specific criteria. By using database functions, you can explore and understand your data better.
This file includes some of those database functions that you can use for different purposes.