Excel
Excel
1 Introduction DEFINITION
4 Basic Statistical Functions SUM, AVERAGE, MAX/MIN, RANK, SUM, RAND(), PRODUCT, etc.
❖ Microsoft Excel allows users to organize, format, and calculate data. It's part of
Microsoft's Office software, which also includes Word, PowerPoint, Teams, and
Outlook
❖ Excel is widely used in data analytics and finance careers to analyze large datasets,
create visualizations, perform calculations, and organize information. It is also a
popular tool in project management for tracking details and managing information
efficiently.
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MICROSOFT EXCEL Microsoft Excel
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CONCEPTS IN EXCEL
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Microsoft Excel
Introduction toEnvironment
COURSE Microsoft
OUTLINEExcel
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Common Concept in Microsoft Excel
The Excel environment consists of several key components that help users navigate and manage
data efficiently:
❖ Workbook: A file in Excel containing multiple worksheets.
❖ Worksheet: A single sheet consisting of rows, columns, and cells for data entry.
❖ Tabs: Allows switching between different worksheets within a workbook.
❖ The Ribbon: is Located at the top of the Excel window. It consists of Tabs (e.g., Home, Insert, Data,
Formulas, etc.) organize features and commands.
❖ The Formula Bar: Displays the contents or formula of the currently selected cell. Allows users to
enter or edit data and formulas.
❖ Cells: The intersection of rows and columns where data is entered.
❖ Active Cell: This is the currently selected cell where data can be entered or edited.
❖ Name Box: shows the name of a particular cell
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Common concept in Excel Excel
The Excel environment consists of several key components that help users navigate and manage
data efficiently:
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Common concept in Excel Excel
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Reference Ty p e s
Reference types allow you to “recycle” formulas across multiple cells, without
having to manually update your references (which would be completely impractical)
Cell references are relative by default (A1). This Relative Column & Row Relative Column, Fixed Row
allows the reference to change as the formula is
copied to new cells
PRO TIP:
Mastering reference types is my #1tip
for working efficiently with formulas
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BASIC STATS FUNCTIONS
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Basic Stats Function in Excel
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Common Stats Function in Excel
=COUNT(A2:A20)
=AVERAGE(A2:A20)
=MEDIAN(A2:A20)
=MODE(A2:A20)
=MAX(A2:A20)
=MIN(A2:A20)
=STDEV(A2:A20)
=VAR(A2:A20)
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RANK/SMALL/LARGE
RANK(A2,A2:A8) =2
RANK(A3,A2:A8) =7 (lowest)
The RANK function returns the rank of a
RANK(A4,A2:A8) =6
particular number among a list of values
RANK(A5,A2:A8) =1 (highest)
RANK(A6,A2:A8) =4
RANK(A7,A2:A8) =3
RANK(A8,A2:A8) =5
LARGE(A2:A8,2) = 90
(the 2nd largest number in the array is 90)
The SMALL/LARGE functions return the
nth smallest/largest values within an array
SMALL(A2:A8,3) = 50
(the 3rd smallestnumber in the array is 50)
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RAND/RANDBETWEEN
=RANDBETWEEN(0,100)
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SUBTOTAL AND CONSOLIDATION
❖ Subtotal: Allows summarizing data by creating automatic subtotals for columns, like sum,
count, or average, based on grouped data.
❖ Consolidation: Combines data from multiple ranges or sheets into one, summarizing
values using functions like sum or average across different datasets.
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TEXT FUNCTIONS
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Common text Function in Excel
❖ Upper: A text function that converts all letters in a string to uppercase. Example
UPPER("hello")` returns `"HELLO"`.
❖ Lower: A text function that converts all letters in a string to lowercase. Example:
`LOWER("HELLO")` returns `"hello"`.
❖ Proper: Capitalizes the first letter of each word in a text string. Examples:
PROPER("HELLO")` returns `“Hello"`.
❖ Concatenate: Joins two or more text strings into one.
❖ Trim: Removes extra spaces from a text string, leaving only single spaces between words.
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LOGICAL FUNCTIONS
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IF Statements
Any test that results in either Value returned if logical Value returned if logical
TRUE or FALSE test is TRUE test is FALSE
(i.e. A1=“Google”, B2<100, etc)
= IF(B2<=0,“Yes”,”No”)
Inthis case we’re categorizing the Freezecolumn
as “Yes” if the temperature is equal to or below
32, otherwise “No”
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Nested IF Statements
= IF(B2<40,”COLD”,IF(B2>80,”HOT”,”MILD”))
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LOOKUP FUNCTIONS
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Named Ranges
Using Named Arrays can simplify a lookup function if you use the same
data array in multiple formulas
=VLOOKUP(A1,$A$1:$D$6,2)
=VLOOKUP(A1,Apparel,2)
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VLOOKUP
Let’s take a look at one of Excel’s most common reference functions – VLOOKUP:
This is the value that This is where you Which column Are you trying to match the
you are trying to match are looking for the contains the data exact lookup value (0), or
in the table array lookup value you’re looking for? something similar (1)?
D2=VLOOKUP(A2, $G$1:$H$5, 2, 0)
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