Microsoft Excel allows users to automatically display and analyze statistical data through built-in arithmetic and conditional functions. Excel simplifies organizing and analyzing data using functions that ignore criteria if conditions are not met. Number formats control how values are displayed in cells using formats like general, currency, date, and more. Excel also contains tools like formulas, conditional formulas, and functions like COUNTIF, SUMIF, and AVERAGEIF to analyze data. Proper online research involves having a focused question, narrowing searches, using advanced search features, and finding credible sources.