What is Power BI primarily used for?

Power BI is primarily designed for visualizing data and sharing insights. This powerful business analytics tool enables users to connect to various data sources, transform data into interactive reports and dashboards, and share those findings with stakeholders to support data-driven decision-making. The core functionality of Power BI revolves around transforming raw data into informative visuals that help users understand trends and patterns, thereby making it easier to communicate insights effectively.

The other options do not align with Power BI's primary purpose. While Power BI can connect to large data sets, it does not serve as a data storage solution in the traditional sense. Complex statistical analyses can be performed within a range of analytic tools, but Power BI's strength lies more in visualization rather than advanced statistical functions. Finally, although data can be imported from spreadsheets, Power BI is not primarily designed for creating spreadsheets for data entry, as its focus is on reporting and visualization rather than data entry processes.