Microsoft Excel Tools

Microsoft Excel Tools

Microsoft Excel Tools

Microsoft Excel 2010 comes equipped with two totally different tools: Data consolidation and What-If Analysis. Nonetheless, in spite of their differences, these two crucial tools can be used together in some instances. By definition, Data consolidation refers to the process of merging multiple sources of similar data into a single larger source known as dataset. On its part, What-If Analysis refers to a strong tool used to analyze the aforementioned dataset – raw data – and converting it into meaningful information.

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After transferring its data from its old spreadsheets into a DBMS, the firm will now be able to utilize Excel’s What-If Analysis capability to make clear analyses of different scenarios on a much larger scale as opposed to one at a time (or just a few). The firm will now be able to query the newly-installed SQL Server for the particular data needed for analysis, post it on an Excel workbook and utilize What-If Analysis to establish the results of diverse probabilities.

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