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#75 No Frills Working Formulae Examples

Your understanding of formulae and the functions available to you within Excel allow you to design better spreadsheets. You can cleanse data and analyse it in a quicker and more effective way if you know the full extent of the options available to you. Perhaps most importantly, formulae help you to get home on time! You can work faster and more efficiently – now that’s something I’m interested in!

This ebook gives you 75 examples of Excel formulae in action. There are no frills in this ebook – I just want to give you 75 examples; the formula, how it works and an example of it in action. While I explain how the functions work I don’t go into a huge amount of depth of the Excel workings behind the functions, which is why I’ve provided a workbook so you can take a closer look within Excel.

This ebook will power through some really useful functions and formulae which you can put to the test straightaway; this is for someone who has a fair idea of how Excel handles calculations and wants some top formulae in order to super-charge their spreadsheets.

Quick start - This is a section for short sharp but useful functions. All formulae in this section are straight-forward. Look out for the bonus 'Running Total' and '3D formulae' which allow you to use a basic function in a smart way.

Data Manipulation - If you have data that you need to organise, then these functions are for you. They allow you to join cells together or pull them apart depending on various criteria. This may not seem like the most exciting section, but these functions provide a fundamental grounding for the data analysis formulae coming up.

IF - The IF function is a really useful one. When used in conjunction with other functions and calculations you can really do a lot. I'll give you a few examples of how in this section.

Counting and summing - This sounds very mathematical, but using functions around counting and summing give you very powerful ways to summarise and present your data around different criteria.

Lookups - It's bread and butter time. One of my favourite and most used functions within Excel is the VLOOKUP. We'll go through how that works and how you can use it with other functions and calculations. I'll also show you other functions you can use in order to do similar things.

Dates - Dates are an important part of most Excel spreadsheets. It's often very important to know when something happened and to be able to use that date to calculate other things. I'll show you the most useful date functions in this section.

I have provided a workbook with this ebook to allow you to test out each of the examples as you work through. I highly recommend that you download the empty workbook without formulae first. Give them a try, and only reference the completed workbook if you get stuck.

Publisher: Diane GriffithsReleased: Apr 26, 2017ISBN: 1370519230Format: book

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Your understanding of formulae and the functions available to you within Excel allow you to design better spreadsheets. You can cleanse data and analyse it in a quicker and more effective way if you know the full extent of the options available to you. Perhaps most importantly, formulae help you to get home on time! You can work faster and more efficiently – now that’s something I’m interested in!

This ebook gives you 75 examples of Excel formulae in action. There are no frills in this ebook – I just want to give you 75 examples; the formula, how it works and an example of it in action. While I explain how the functions work I don’t go into a huge amount of depth of the Excel workings behind the functions, which is why I’ve provided a workbook so you can take a closer look within Excel.

If you want something that takes you step-by-step through the formulae, with logical progressions which take you on a journey from beginner to advanced, then I provide some great examples with detailed explanations in my ebook ‘**Microsoft Excel Practical Formulae’. **

This ebook will power through some really useful functions and formulae which you can put to the test straightaway; this is for someone who has a fair idea of how Excel handles calculations and wants some top formulae in order to super-charge their spreadsheets.

I have provided a workbook with this ebook to allow you to test out each of the examples as you work through.

I highly recommend that you download the empty workbook without formulae first. Give them a try, and only reference the completed workbook if you get stuck.

**Microsoft Excel 75 Formulae Workbook Empty **

**Microsoft Excel 75 Formulae Workbook Completed **

Download it to your computer by clicking the download button in the top right-hand corner:

*Reference supporting workbook – TAB1 worksheet. *

**#1 – MIN **

Gives the minimum value from a range of values. This could be the minimum pass mark as below, or the minimum order, the lowest hourly rate, the cheapest product, the list goes on.

= MIN ( **range **)

= MIN ( **D2:D13 **)

**= 16 **

Here we can see the minimum value in this range is 16.

**#2 – MAX **

Gives the maximum value from a range of values.

= MAX ( **range **)

= MAX ( **D2:D13 **)

= **97 **

Here we can see the maximum value in this range is 97.

**#3 – SMALL **

Used to find nth smallest value from a range of values. Here we can look for the 1st, 2nd and 3rd place, depending on whether a high or low figure is good, or build a league table.

= SMALL ( **range **, nth value )

= SMALL ( **D2:D13 **, 2 )

Find the 2nd smallest value in a list.

= **20 **

So here, the minimum value is 16, but the second smallest value is 20.

NB: I would only really use this function if I wasn’t able to change the order of the data, otherwise I’d be tempted to simply sort the data by ‘Result’.

**#4 – LARGE **

Used to find nth largest value from a range of values.

= LARGE ( **range **, nth value )

= LARGE ( **D2:D13 **, 2 )

Find the 2nd largest value in a list.

= **96 **

The maximum value is 97, but the second largest value is 96.

**#5 - AVERAGE (MEAN) **

Used to find the average from a list of values.

= AVERAGE ( **range **)

Although the formula looks just as simple as the previous ones, Excel is not just looking up a value based on criteria now; it’s actually performing a calculation.

If you’re calculating an average, in Excel you are actually calculating the ‘mean’, as in mean, median and mode.

The mean is calculated by summing up the values and dividing by how many values there are.

However, to make life easy for us – Excel gives us a special function to do this quickly.

= AVERAGE ( **D2:D13 **)

= **55 **

Let’s check this out with the mathematics.

= Total sum of the values = 658

= Number of values = 12

= 658 / 12 = 54.83 (or 55 if you aren’t showing the decimal places).

**#6 - MEDIAN **

The median returns the middle value.

Let’s calculate what this is first.

Put all the numbers in order:

If there are an odd number of results; the median is the middle number.

If there is an even number of results, the median will be the mean of the two central numbers.

We have an even number of results:

The mean of those two numbers are:

= ( 47 + 59 ) /

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