Color Palette:

1. Color Name: Cobalt Blue
   Hex Code: 
                            
                            #0047ab
                        
   Description: A deep blue shade resembling the color commonly used to highlight important information in Excel spreadsheets.

2. Color Name: Emerald Green
   Hex Code: 
                            
                            #50c878
                        
   Description: A vibrant green hue that signifies medium values or status in data visualization.

3. Color Name: Lavender Purple
   Hex Code: 
                            
                            #967bb6
                        
   Description: A soft purple tone often used to represent low values or subtle distinctions in Excel charts.

4. Color Name: Sky Blue
   Hex Code: 
                            
                            #87ceeb
                        
   Description: A light and airy blue shade reminiscent of the background color in Excel sheets, offering a sense of calmness.

5. Color Name: Mint Green
   Hex Code: 
                            
                            #98ff98
                        
   Description: A fresh and lively green color that can be used to denote positive or high values in Excel graphs.

6. Color Name: Peach
   Hex Code: 
                            
                            #ffdab9
                        
   Description: A warm and inviting pale orange shade that complements the other colors in the palette, adding a touch of softness and balance.