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.
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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.
The financial industry uses a lot of Excel too.
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).