News for hackers. Stuff that matters.
Re:The Excel Depression by jabbernotty on Friday April 19, 2013 @12:38AM (#5574858)
It is not well known. I'm guessing that what you are saying isn't really the reality, based on what little I know of the oil and gas industry.
Re:The Excel Depression by klipt on Friday April 19, 2013 @04:36AM (#5575534)
I don't know if it's still the case, but when I was an undergrad a professor pointed out that Excel's Gaussian tail probabilities disagreed with everything else (Mathematica, Matlab, R, etc.) for large values.
Re:The Excel Depression by nandemo on Friday April 19, 2013 @02:34AM (#5575221)
The financial industry uses a lot of Excel too.
Re:The Excel Depression by jeff303 on Friday April 19, 2013 @09:32AM (#5576528)
Yeah but usually not as the system of record/origin for any data. Mostly for consuming data from elsewhere, and often in conjunction with various plugins (some of which can allow Excel to act as the "front end" to a production server that actually crunches/stores the numbers).