what is excel? excel is a spreadsheet application developed by microsoft. excel is a spreadsheet...
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What is Excel?Excel is a spreadsheet application developed by Microsoft. It creates spreadsheets, graphs, and does basic sorting.A spreadsheet is the computer equivalent of a paper ledger sheet. It consists of a grid made from columns and rows. It is an environment that can make number manipulation easy and somewhat painless.
TerminologyTo understand how to use excel you must first understand the terminology behind it.
Cell: defined as the space where a specified row and column intersect. A cell is assigned a name according to its COLUMN letter and ROW number
Column: defined as the vertical space that is going up and down the window. Letters are used to designate each COLUMN'S location.
Terminology ContinuedRow: is defined as the horizontal space that is going across the window. Numbers are used to designate each ROW'S location.
Formulas/Functions: are entries that have an equation that calculates the value to display In this example, the solution was $252.61 This was NOT typed into the keyboard. The formula that was typed into the spreadsheet was: =PMT(C4/12,C5,-C3)
Starting OutStep 0: Before youre able to create a chat, you must first create a spreadsheet with proper data values. As an example, well be demonstrating how to create a line graph. Below is our data set for the chart.
Creating Your ChartStep 1: Highlight the data that you want to be in your chart. This includes the data values and labels as well. To highlight rows and columns that are not next to each other simply hold control (CTRL) and drag the rows or columns you need.In this example you simply hold CTRL and click the top column letters to select the entire two columns
Creating Your ChartStep 2: Once your data is highlighted you can either go to Insert Chart from the menu
Or you can simply click the Insert Chart icon on the toolbar
Make the Chart!Step 3: Once youve clicked insert chart a chart wizard will pop up. It is here that youll select which type of chart you wish to create. For our example, well be creating a line chart. So we select the LINE under the chart type menu and then we select the style we want under the chart sub-type then click next.
Setting Up Your ChartStep 4: The next screen youll see shows you where your date range is so far. Meaning what cells your chart incorporates. By selecting either rows or columns you determine which of your highlighted data represents the x-axis (the horizontal representation). In our case we want the dates to be the x-axis.This shows your date rangeThis determines what highlighted data represents your x-axis
Labeling Your ChartStep 5: Once you click next from the previous step, the wizard takes you where you can name your chart and where you can label the x-axis and y-axis to show what they represent. Its good practice to label all that you can so that those reading your graph knows what youre trying to represent.Chart titleX-Axis Label: DateY-Axis Label: Return (by %)
Wheres It Going?Step 6: The final step after you click next is to choose where you want your chart created. You can either create it as a new sheet or you can create it as an object inside the spreadsheet itself. It normally looks better on its own and youll only really want to use it as an object within the spread sheet if you want the reader to see the raw data values along with your chart.
Were going to create it as both just so you can see the difference between the two.
The Final Product!Once you click finish your chart will be displayed. As a new sheet itll look like this:
As an object in the spreadsheet itself itll look like this: