Refers to large amounts of data that have the potential to be mined for information
Described by the 3Vs: Volume (amount of data stored), Variety (different types and formats of data), Velocity (speed at which data can be processed)
Data Analytics
Involves analysing large volumes of data to produce useful information
Beneficial for organisations to make decisions and plan for future growth
Specialised software such as data mining and statistical analysis are used to process vast quantities of data
Preparing and processing data is more challenging when data is in different formats (structured/unstructured)
Spreadsheet
A spreadsheet contains one or more worksheets
Worksheet
Presented as a grid in the form of rows and columns
Spreadsheets
Designed to allow applications to perform calculations and recalculations automatically
Cells
Can store data in a variety of forms, e.g. text, number, date, formula etc.
Spreadsheet data formatting
General
Number
Currency
Date
Time
Percentage
Formatting
Can control the appearance of a cell, e.g. aligning text, changing the font or adding a border or background colour
Conditional formatting
Allows cell shading or font colour to be applied to a cell or group of cells if a specified condition is met
Data validation
Involves the automatic checking of data at the input stage to ensure it is reasonable, sensible and within acceptable limits
Data validation checks
Presence check
Length check
Type check
Format check
Range check
Lookup function
Uses the value in a selected cell to lookup a match in a column of a lookup table (vertical lookup) and returns a value from a specified column from the same row of the lookup table
Absolute cell reference
When a formula is copied to other cells, part of the cell reference does not change as the formula is modified
Macros
A small program written to perform a repetitive task automatically
Simple functions
SUM
Average
Max
Min
Formulas and functions allow a spreadsheet to perform calculations and automatic re-calculations
When the formula or function is entered into a cell it can be replicated quickly down a column or across a row using the 'Fill' function