Microsoft excel is one of the electronic spreadsheet application package that is used for solving calculation problem and it could be used in solving statistical problems or analysissuch as Graph plotting, calculation of mean, median, mode, mean deviation, correlation,regression analysis etc. Others examples of spreadsheet application package are lotus123,Quatro, Super calculator or supercal, Symphony e.t.c.
Feature/ Characteristics of spreadsheet application packages
1.It is convenient to use in solving calculation problem.2.It is convenient to use to arrange data in tab war form i.e. in rows and columns.3.It has the facility for displaying data table in graphical form such as line graph, pie charte.t.c.
It has different financial functions that could be used in solving financial problems. Someexamples of financial problem are NPU, IRR, PV, ARR e.t.c.5.It has different mathematics functions that could be used in solving mathematics problemsome of them are cos(x), tan(x), sort(x) e.t.c.6.It has the ability for sorting data i.e. arranging in ascending or descending order.7.It’s important and un – avoidable feature is that an electronic spreadsheet must have aworksheet or workarea.8.It has the ability of adding default currency signs and could be customized.
Disadvantage of spreadsheet application package
1.It is not convenient used for typing data, which is data that is not in tabular form .e.g.letter or document.2.It is technical in operation3.It does not check spelling automatically unlike Ms Word.
Component of spreadsheet application package
There are many component of the spreadsheet application package. However, the mostimportant component will be examined and these are:
: - This is defined as the editing windowor workarea of a spreadsheet application package and it is used in performing one operation