Basic But Important Excel formulas

Learning the Fundamentals: Crucial Excel Formulas for All

Excel can greatly improve your capacity to organise and analyse data, whether you're a corporate professional, student, or someone trying to handle personal projects. Leveraging Excel's full capabilities requires an understanding of its fundamental formulae.

 We'll go over some of the most crucial and often used Excel formulae here that will assist you in turning unstructured data into insightful analysis.

1. SUM: Adding Values

The SUM function is one of the most frequently used formulas in Excel. It allows you to quickly add up a series of numbers.

Formula/Syntax: =SUM(number1, [number2], ...)

Example: =SUM(A2:A11) adds all the values from cells A2 to A11.

2. AVERAGE: Calculating the Mean

Use the AVERAGE formula to find the mean of a series of numbers. This is particularly useful in data analysis to get a central value.

Formula/Syntax: =AVERAGE(number1, [number2], ...)

Example: =AVERAGE(A2:A11) calculates the average of values in cells A2 through A11

3. COUNT: Counting Cells with Numbers

The COUNT function helps you count cells that contain numerical values in a range.

Formula/Syntax: =COUNT(value1, [value2], ...)

Example: =COUNT(A2:A11) counts the number of cells with numbers in the range A2 to A11.

4. IF: Conditional Logic

The IF function is incredibly versatile and allows you to perform logical comparisons between a value and what you expect by testing for a condition and returning one value if true, and another value if false.

Formula/Syntax: =IF(logical_test, value_if_true, value_if_false)

Example: =IF(A2>500, "true", "false") returns "true" if A2 is greater than 500, otherwise "False".

Composed by Miss MBA Tutor.