. (TCO 9) You have been tasked with analyzing an extremely largeamount of data and to ultimately produce a report to share with theBoard of Directors. The data is currently in a text file and hasover two thousand records of data. Explain how you would use Excelto analyze this data and organize it to prepare a written report.Be very specific on the variety of tools you would use and thesteps you would go through to analyze the data and to ultimatelyprepare a detailed report with recommendations.