Exploring Microsoft Office 2016 Series Editor Mary Anne

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Exploring Microsoft® Office 2016 Series Editor Mary Anne Poatsy Mulbery|Krebs|Hogan|Cameron |Davidson|Lau|Lawson|Williams Series Created by

Exploring Microsoft® Office 2016 Series Editor Mary Anne Poatsy Mulbery|Krebs|Hogan|Cameron |Davidson|Lau|Lawson|Williams Series Created by Dr. Robert T. Grauer Copyright © 2017 Pearson Education, Inc.

Exploring Excel 2016 Chapter 2 Formulas and Functions Performing Quantitative Analysis Copyright © 2017

Exploring Excel 2016 Chapter 2 Formulas and Functions Performing Quantitative Analysis Copyright © 2017 Pearson Education, Inc.

Objectives • Use Relative, Absolute, and Mixed Cell References in Formulas • Insert a

Objectives • Use Relative, Absolute, and Mixed Cell References in Formulas • Insert a Function • Insert Basic Math and Statistics Functions • Use Date Functions • Determine Results with the IF Function • Use Lookup Functions • Calculate Payments with the PMT function Copyright © 2017 Pearson Education, Inc.

Objective 1: Use Relative, Absolute, and Mixed Cell References in Formulas (1 of 5)

Objective 1: Use Relative, Absolute, and Mixed Cell References in Formulas (1 of 5) Skills: • Use a Relative Cell Reference • Use an Absolute Cell Reference • Use a Mixed Cell Reference Copyright © 2017 Pearson Education, Inc.

Use Relative, Absolute, and Mixed Cell References in Formulas (2 of 5) • Relative

Use Relative, Absolute, and Mixed Cell References in Formulas (2 of 5) • Relative cell reference—default method of referencing • Absolute cell reference—provides a constant reference to a specific cell • Mixed cell reference—combines absolute and relative cell references • F 4—toggles through relative, absolute, and mixed references Copyright © 2017 Pearson Education, Inc.

Use Relative, Absolute, and Mixed Cell References in Formulas (3 of 5) G 2

Use Relative, Absolute, and Mixed Cell References in Formulas (3 of 5) G 2 contains =D 2 -E 2 Copied formula contains =D 4 -E 4 Copyright © 2017 Pearson Education, Inc.

Use Relative, Absolute, and Mixed Cell References in Formulas (4 of 5) E 3

Use Relative, Absolute, and Mixed Cell References in Formulas (4 of 5) E 3 contains =D 3*$B$4 Copied formula contains =D 4*$B$4 Copyright © 2017 Pearson Education, Inc.

Use Relative, Absolute, and Mixed Cell References in Formulas (5 of 5) E 2

Use Relative, Absolute, and Mixed Cell References in Formulas (5 of 5) E 2 contains =D 3*B$4 Copied formula contains =D 4*$B$4 Copyright © 2017 Pearson Education, Inc.

Objective 2: Insert a Function (1 of 4) Skills: • Insert a Function Using

Objective 2: Insert a Function (1 of 4) Skills: • Insert a Function Using Formula Auto. Complete • Use the Insert Function Dialog Box Copyright © 2017 Pearson Education, Inc.

Insert a Function (2 of 4) Auto. Complete based on =SU Screen. Tip based

Insert a Function (2 of 4) Auto. Complete based on =SU Screen. Tip based on =SUM( Copyright © 2017 Pearson Education, Inc.

Insert a Function (3 of 4) Search Sum selected Category Sum syntax and description

Insert a Function (3 of 4) Search Sum selected Category Sum syntax and description Copyright © 2017 Pearson Education, Inc.

Insert a Function (4 of 4) Function Selected cell Argument Copyright © 2017 Pearson

Insert a Function (4 of 4) Function Selected cell Argument Copyright © 2017 Pearson Education, Inc.

Objective 3: Insert Basic Math and Statistics Functions (1 of 3) Skills: • Use

Objective 3: Insert Basic Math and Statistics Functions (1 of 3) Skills: • Use the SUM Function • Use the AVERAGE and MEDIAN Functions • Use the MIN and MAX Functions • Use the COUNT Functions • Perform Calculations with Quick Analysis Tools Copyright © 2017 Pearson Education, Inc.

Insert Basic Math and Statistics Functions (2 of 3) • =SUM(number 1, [number 2],

Insert Basic Math and Statistics Functions (2 of 3) • =SUM(number 1, [number 2], …) • =SUM(A 1, A 2, A 5) • =AVERAGE(number 1, [number 2], …) • =AVERAGE(B 10: B 20) • =MEDIAN(number 1, [number 2], …) • =MEDIAN(A 2: A 14, F 2: F 14) • =MIN(number 1, [number 2], …) • =MIN(A 1, B 10: C 25) Copyright © 2017 Pearson Education, Inc.

Insert Basic Math and Statistics Functions (3 of 3) • =MAX(number 1, [number 2],

Insert Basic Math and Statistics Functions (3 of 3) • =MAX(number 1, [number 2], …) • =MAX(A 1, B 10: C 25) • =COUNT(number 1, [number 2], …) • =COUNT(B 10: G 50) • =COUNTBLANK(number 1, [number 2], …) • =COUNTBLANK(B 10: G 50) • =COUNTA(number 1, [number 2], …) • =COUNTA(B 10: G 50) Copyright © 2017 Pearson Education, Inc.

Objective 4: Use Date Functions (1 of 2) Skills: • Use the TODAY Function

Objective 4: Use Date Functions (1 of 2) Skills: • Use the TODAY Function • Use the NOW Function Copyright © 2017 Pearson Education, Inc.

Use Date Functions (2 of 2) • =TODAY() • Displays a result like: 2/9/2018

Use Date Functions (2 of 2) • =TODAY() • Displays a result like: 2/9/2018 • =NOW() • Displays a result like: 2/9/2018 14: 09 Copyright © 2017 Pearson Education, Inc.

Objective 5: Determine Results with the IF Function (1 of 3) Skills: • Use

Objective 5: Determine Results with the IF Function (1 of 3) Skills: • Use the IF Function Copyright © 2017 Pearson Education, Inc.

Determine Results with the IF Function (2 of 3) • =IF(logical_test, [value_if_true], [value_if_false]) •

Determine Results with the IF Function (2 of 3) • =IF(logical_test, [value_if_true], [value_if_false]) • =IF(E 2>B$2, B$3, 0) Copyright © 2017 Pearson Education, Inc.

Determine Results with the IF Function (3 of 3) • =IF(logical_test, [value_if_true], [value_if_false]) •

Determine Results with the IF Function (3 of 3) • =IF(logical_test, [value_if_true], [value_if_false]) • =IF(E 2>B$2, B$3, 0) Copyright © 2017 Pearson Education, Inc.

Objective 6: Use Lookup Functions (1 of 3) Skills: • Use the VLOOKUP Function

Objective 6: Use Lookup Functions (1 of 3) Skills: • Use the VLOOKUP Function • Create the Lookup Table • Use the HLOOKUP Function Copyright © 2017 Pearson Education, Inc.

Use Lookup Functions (2 of 3) • =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) • =VLOOKUP(E 3,

Use Lookup Functions (2 of 3) • =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) • =VLOOKUP(E 3, $A$3: $B$7, 2) Copyright © 2017 Pearson Education, Inc.

Use Lookup Functions (3 of 3) • =HLOOKUP(lookup_value, table_array, row_index_num, [range_lookup]) • =HLOOKUP(E 3,

Use Lookup Functions (3 of 3) • =HLOOKUP(lookup_value, table_array, row_index_num, [range_lookup]) • =HLOOKUP(E 3, $A$3: $B$7, 2) Copyright © 2017 Pearson Education, Inc.

Objective 7: Calculate Payments with the PMT Function (1 of 2) Skills: • Use

Objective 7: Calculate Payments with the PMT Function (1 of 2) Skills: • Use the PMT Function Copyright © 2017 Pearson Education, Inc.

Calculate Payments with the PMT Function (2 of 2) • =PMT(rate, nper, pv, [fv],

Calculate Payments with the PMT Function (2 of 2) • =PMT(rate, nper, pv, [fv], [type]) • =PMT(G 9/$B$5, F 9*$B$5, -D 9) Copyright © 2017 Pearson Education, Inc.

Summary • By using Excel formulas and functions, you can perform complicated data analyses

Summary • By using Excel formulas and functions, you can perform complicated data analyses • There are three types of cell references—relative, absolute, and mixed • Excel functions include math and statistics, date, logical, lookup, and financial calculations Copyright © 2017 Pearson Education, Inc.

Questions ? Copyright © 2017 Pearson Education, Inc.

Questions ? Copyright © 2017 Pearson Education, Inc.

Copyright All rights reserved. No part of this publication may be reproduced, stored in

Copyright All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2017 Pearson Education, Inc.