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Excel's storage of numbers in binary format also affects its accuracy. [3] To illustrate, the lower figure tabulates the simple addition 1 + x − 1 for several values of x. All the values of x begin at the 15 th decimal, so Excel must take them into account. Before calculating the sum 1 + x, Excel first approximates x as a binary number
Excel 2007 formats Format Extension Description Excel Workbook .xlsx: The default Excel 2007 and later workbook format. In reality, a ZIP compressed archive with a directory structure of XML text documents. Functions as the primary replacement for the former binary .xls format, although it does not support Excel macros for security reasons.
In 2000, Microsoft released an initial version of an XML-based format for Microsoft Excel, which was incorporated in Office XP. In 2002, a new file format for Microsoft Word followed. [9] The Excel and Word formats—known as the Microsoft Office XML formats—were later incorporated into the 2003 release of Microsoft Office.
.xlm – Legacy Excel macro; OOXML Office Open XML (OOXML) format was introduced with Microsoft Office 2007 and became the default format of Microsoft Excel ever since. Excel-related file extensions of this format include:.xlsx – Excel workbook.xlsm – Excel macro-enabled workbook; same as xlsx but may contain macros and scripts
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Microsoft Access stores data in its own format based on the Access Database Engine (formerly Jet Database Engine). It can also import or link directly to data stored in other applications and databases. [6] Software developers, data architects and power users can use Microsoft Access to develop application software.
The new XML-based document file format in Microsoft Office 2007 is incompatible with previous versions of Microsoft Office unless an add-on is installed for the older version. [111] PC World has stated that upgrading to Office 2007 presents dangers to certain data, such as templates, macros, and mail messages. [112]
The user can easily download and add files to their Excel sheets to use for their data. Other tools Excel offers is the use of conditional formatting and basic pivot tables and charts. Excel allows the user to reference other cells which ultimately allows for complex computations to be made and conclusions to be drawn from data. [21]