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Excel Analysis
Excel is probably the most commonly used spreadsheet for PCs. Newly purchased computers often arrive with Excel already loaded. It is easily used to do a variety of calculations and includes a collection of statistical functions and a Data Analysis ToolPak.
As a result, if you suddenly find you need to do some statistical analysis, you may turn to it as the obvious choice. We decided to do some testing to see how well Excel would serve as a Data Analysis application.
To present the results, we will use a small example. The data for this example is fictitious. It was chosen to have two categorical and two continuous variables so that we could test a variety of basic statistical techniques.
1. Results of Analyses
The quickest way to get means and standard deviations for a entire group is using Descriptives in the Data Analysis tools. You can choose several adjacent columns for the Input Range (in this case the X and Y columns), and each column is analyzed separately. The labels in the first row are used to label the output, and the empty cells are ignored. If you have more, non-adjacent columns you need to analyze, you will have to repeat the process for each group of contiguous columns. The procedure is straightforward, can manage many columns reasonably efficiently, and empty cells are treated properly.
A statistical package lets you choose as many variables as you wish for descriptive statistics, whether or not they are contiguous. You can get the descriptive statistics for all the subjects together, or broken down by a categorical variable such as treatment. You can select the statistics you want to see once, and it will apply to all variables chosen.
2. Requesting Many Analyses
If you had a variety of different statistical procedures that you wanted to perform on your data, you would almost certainly find yourself doing a lot of sorting, rearranging, copying, and pasting of your data.
This is because each procedure requires that the data be arranged in a particular way, often different from the way another procedure wants the data arranged. In our small test, we had to sort the rows in order to do the t-test and copy some cells in order to get labels for the output.
We had to clear the contents of some cells in order to get the correct paired t-test but did not want those cells cleared for some other test. And we were only doing five tasks. It does not get better when you try to do more.
There is no single arrangement of the data that would allow you to do many different analyses without making many different copies of it. The need to manipulate the data in many ways greatly increases the chance of introducing errors.
3. General Issues
Output location. The output from each analysis can go to a new sheet within your current Excel file (this is the default), or you can place it within the current sheet by specifying the upper left corner cell where you want it placed. Either way is a bit of a nuisance. If each output is in a new sheet, you end up with lots of sheets, each with a small bit of output.
If you place them in the current sheet, you need to place them appropriately; leave room for adding comments and labels; changes you need to make to format one output properly may affect another output adversely. Example: Output from Descriptives has a column of labels such as Standard Deviation, Standard Error, etc. You will want to make this column wide in order to be able to read the labels. But if a simple Frequency output is right underneath, then the column displaying the values being counted, which may just contain small integers, will also be wide.
Why Choose OBI Services?
OBI Services team has assisted several businesses worldwide. As a distinguished data entry service provider, we ensure reliable and accurate data entry services.
A Combined 20 Years of Experience
With a combined 20 years of experience in this field, we assure you that our team will only give nothing but the best in all our services.
QUALITY
Data are carefully evaluated based on your requirements, and undergoes a control check before sending.
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Final output is delivered within the specified timeline.
FLEXIBLE
OBI Services is flexible in what you need. You tell us your requested task and we will work on ways that can accommodate them. You can change tasks and services anytime and we ensure to cater them all.
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Flexibility is also about volume. Do you only need 1 staff or 100? No worries, as OBI Services is the leading outsource provider, rest assured we can cater to all your needs.
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Each task is being priced by the amount of time and difficulty it requires.
OBI Services, your go-to Data Entry Outsource Provider
We offer affordable prices and also Performance-Based Pays while ensuring you get your money’s worth. With our guaranteed quality services, OBI Services is your go-to Data Entry Outsource Provider.
Frequently Asked Questions (FAQ)
What is Excel analysis and how can it help my business?
Excel analysis involves using Microsoft Excel to organize, calculate, and visualize data for better decision-making. With expert formulas, pivot tables, charts, and automation, Excel can help:
Streamline reporting
Analyze business performance
Forecast trends
Optimize operational efficiency
What types of Excel services do you offer?
OBI Services offers a wide range of Excel-related support, including:
Data cleaning and formatting
Complex formula creation (e.g., VLOOKUP, INDEX/MATCH, nested IFs)
Pivot tables and dashboards
Charts and data visualizations
Budgeting and financial modeling
Excel automation with macros (VBA)
Do you work with Google Sheets as well?
Yes! In addition to Excel, we also support Google Sheets, offering similar analysis, formatting, formula creation, and dashboard building — including collaborative features and cloud integrations.
Can you automate repetitive Excel tasks?
Absolutely. We specialize in Excel automation using:
VBA (Visual Basic for Applications)
Advanced formulas
Dynamic templates
This can help automate data entry, generate recurring reports, or clean and merge data efficiently.
How do you ensure data accuracy in your analysis?
We maintain high-quality standards by:
Manually reviewing formulas and logic
Validating input data
Performing stress tests and edge-case checks
Confirming outputs align with client expectations and rules
Can I share my existing Excel file with you for review or improvement?
Yes. Whether you have a partially built workbook or a legacy file that needs fixing, we can:
Audit and optimize your formulas
Add dynamic features
Redesign it to be more user-friendly and scalable
Do you create interactive dashboards in Excel?
Yes. We build interactive dashboards using slicers, pivot charts, conditional formatting, and custom controls that help you explore data and present KPIs clearly.
Is my data safe and private?
Yes. We handle all data with the highest confidentiality. Our practices include:
Secure file transfer
Access control
NDAs when required
Strict data usage policies — we only use your data for your project
What’s the turnaround time for an Excel project?
Turnaround varies based on the project’s scope and complexity:
Simple spreadsheet fixes: 24–48 hours
Dashboards or complex formulas: 2–5 business days
Large datasets or automation: 1 week or more
We always provide an accurate estimate after reviewing your requirements.
How can I start an Excel analysis project?
To get started, visit the Excel Analysis Services page and submit a request with:
A description of your goals or challenges
Any sample files or requirements
Preferred output format or features
Our team will respond with a proposal tailored to your needs.
