Lab 9

Using Excel is a great way to organize and present data. Excel is an efficient software tool that lets you display your data in tables, charts and graphs. It uses linear aggression to predict where a variable would be placed in a given circumstance. While it cannot accurately predict where the variable will be placed 100% of the time, it is still useful and gives a good estimate about where to expect the variable to be placed. Excel is also a good spreadsheet to use because it has many functions that let you manipulate data in several different ways. Inductive modeling is important and useful because it helps understand a large quantity of data. Inductive modeling helps people solve the unknown and predict future outcomes. Inductive modeling is similar to the Hertz model because both methods predict future outcomes, and then they study the actual outcomes. Inductive modeling is very useful in the real world because many jobs require the study of statistics. Excel is widely used in many different careers because it works efficiently.