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Empowerment Technology Lesson 4 Review Material

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31 views2 pages

Empowerment Technology Lesson 4 Review Material

Uploaded by

fanerjasminevidania
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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EMPOWERMENT TECHNOLOGY

LESSON 4: ADVANCED TECHNIQUES IN MS EXCEL (REVIEWER)

Microsoft Excel, the Microsoft spreadsheet software is considered the industry standard piece
of data analysis and happens to be one of the most preferred software by investment bankers
and financial analysts in data processing, financial modeling, and presentation (Corporate
Finance Institute, 2019). It is also used in education and small businesses to make
computations easier. If you hate mathematics because of numbers and your head is aching
because of computing, then there are techniques you can do in Excel to make it easier. It is
essential to know the two basic ways to perform calculations in Excel: Formulas and
Functions. A formula is an expression that operates on values in a range of cells or a cell while
the function is a predefined formula.

● The $ signs in the formulas are simple to prevent these references from adjusting.

FUNCTION is a predefined formula with a familiar name. It reduces the lengthy manual entry of
formulas. For example, =B2+B3+B4+B5+B6+B7 is a formula to get the sum. And the function
equivalent to this formula is =SUM(B2:B7)

ADVANCED FORMULAS
1. SUM( )
The SUM() function is used to get the sum of all the values. It has a format of
=SUM(range of values).

2. MIN( )
The MIN() function is used to get the minimum value from the range of values.
It has a format of =MIN(range of values).

3. MAX( )
The MAX() function is used to get the maximum value from the range of values.
It has a format of =MAX(range of values).

4. AVERAGE( )
The AVERAGE() function is used to get the average(arithmetic mean) value of
its arguments. It has a format of =AVERAGE(range of values).

5. COUNTIF( )
The COUNTIF() function is used to count all cells that meet certain criteria.
The format is =COUNTIF(range, criteria).

6. SUMIF( )
The SUMIF() function is used to add all cells that meet certain criteria. The
format is =SUMIF(range, criteria).

7. IF( )
The IF() function is used to check whether a condition is met, and returns one
value if TRUE, and another value if FALSE. The format is
=IF([logical_test],[value_if_true],[value_if_false].
OTHER MS EXCEL FEATURES THAT YOU CAN USE.

Flash Fill

Flash Fill automatically fills in values. It is located at the Data ribbon as shown in the figure
below. For example, you will fill up cells B3:B5 the same amount in cell B2. Delete the values in
cells B3:B5. Make cell B3 the active cell then go to the Data ribbon, and click it Flash Fill. (Note:
Return the original data.)

Chart

A chart also called a graph is a tool to visually present data in different chart
formats such as Bar, Pie, Line, Area, Doughnut, or Radar charts. You can easily
create it. For example, you’re going to present your allowance for a day in a bar chart
format. Refer to the figure below and follow the given instructions:

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