What is the most commonly used tool in data industry? You might have guessed it because of the title of the article – it is Excel. It is by far the most widely used tool for several reasons. Easy UI / UX for any one to start with, great features for doing simple exploratory and statistical analysis and almost universal availability make it a must have tool in your repository.
However, not many people realize the power of Excel. At times, it is surprising to see people using R / Python for simple financial and business analysis, just because they are not comfortable with Excel. They fail to realize how much power Pivot tables, conditional formating and simple formulas can deliver. Check out this article for some of these tricks: simple yet powerful tricks for analyzing data.
With that in mind, we thought we would share a cheat sheet for excel formulas and shortcuts. Below are the images of the cheat sheets. You can download high resolution PDFs from here (you will need to create Analytics Vidhya user id and login).
Here is the cheatsheet for all shortcuts (on Windows):