Advanced Spreadsheet

Skills

• Commonly used Microsoft Excel functions

• Conditional functions
• Use of Microsoft Excel in market research
At the end of this lesson, the students should be able to:

1. familiarize with the most commonly used functions in

Microsoft Excel;

2. use several conditional functions available in Microsoft

Excel; and

3. use Microsoft Excel as a viable tool in market research

and product development.
Microsoft Excel provides an
automated way of displaying any
statistical data. It can be used to
automatically compute for several
factors that are not easy to notice
especially when faced by a large
data. Microsoft Excel includes several
arithmetic and basic functions that
help you compute faster.
 Basic Excel Formulas:

Addition (+)
Subtraction (-)
Multiplication (*)
Division (/)

*type <=> before the formula, thus:

=a1+a2 <then, hit the ENTER key>
Basic Parts of an Excel
Basic Parts of an Excel
• Average – a function used to compute for the
average of the number of a range.

• COUNTIF – a function used to count the cells with a

specified content within a range.

• SUMIF – a function used to compute for the

summation of a range if a certain condition is met

• AVERAGEIF – a function used to compute for the

average of a range if a certain condition is met
 Question for Groups 1-4

➢Ilan po ang merong laptop

or pc sa isang group?
Estimating the Product Cost using Microsoft Excel
Product Information

Product Name/Brand: Starbuko Organic Milk Tea

Company/Group Name: Starbuko Foods Corporation

Product Desription:
Starbuko Milk Tea is a special milk tea using organic
ingredients especially made for Filipinos.

Ingredients/Materials: tea, water, condensed milk, ice,

special sweetener

Estimated Sale Price: 25 php per cup

Estimating the Product Cost using Microsoft Excel
We will use Microsoft Excel to find out if our estimated sale
price is reasonable considering the actual price of the
ingredients.

1. Copy the information below:

Starbuko Organic Milk Tea
Cost of Ingredients
No. Ingredients Price/Glass
1 Organic Tea (1 sachet) Php 12.00
2 Pure Drinking Water Php 0.20
3 Sweetened Condensed Milk Php 13.00
4 Cup Php 2.00
Total
Estimating the Product Cost using Microsoft Excel
2. Use the SUM formula to get the summation of the values
from C4 to C7. The SUM formula is = SUM (C4:C7). Type this
on cell C8 as shown below:
Estimating the Product Cost using Microsoft Excel
3. Check if our estimated price will earn us profit. Type the
additional information shown below then apply the arithmetic
formula for subtraction:
Estimating the Product Cost using Microsoft Excel
4. The result is Php 2.20. Our estimated price is not profitable.
Let us make an adjustment. Include the information below and
deduct the Total from the New Sale Price:
Estimating the Product Cost using Microsoft Excel
5. The result is Php 7.80. This is definitely profitable at this
price. However, this does not guarantee our product’s success.
Analyzing Data using Microsoft Excel
Let us start by a simple average formula to determine the
average rating of Quality, Taste, Presentation, and Product.

The syntax would be = AVERAGE (cell involved).

Example:
Using figure 1, determine the average for Quality:
=AVERAGE (F5:19)

Determine the average for all your criteria and place them at
the bottom of your survey results similar to the screenshot
below:
Analyzing Data using Microsoft Excel
Next, determine how many people said YES or NO if they were
satisfied with the product or if they would recommend it to their
friend. For this, we will use the COUNTIF function.

Using the =COUNT function will allow us to count the number

of cells that contains something. However, in this case, we just
need to count the ones that have YES or NO in them. For this,
we have to use the COUNTIF function.

=COUNTIF(range, criteria)

RANGE – the cells where the counting will take place

CRITERIA – the label or value that determines if it is to
be counted
Analyzing Data using Microsoft Excel
Example:
Using figure 1, the formula for getting the number of YES for
thee criteria is
=COUNTIF(J5:J19,”YES”)

Determine the number of YES answers in both criteria and

place them at the bottom of your survey results similar to the
screenshot below:
Analyzing Data using Microsoft Excel
If we were to determine if we should sell your product or service to teachers
or students, we can use the AVERAGEIF function.

AVERAGEIF
Using the AVERAGEIF function, we can average a range if the cell
beside it equals to “teacher” and/or “student”.

AVERAGEIF uses the following syntax:

=AVERAGEIF(range, average range)

RANGE – the range of cells where you want to look for

the criteria
CRITERIA – a value or label that determines if a cell is part of the
range to be averaged
AVERAGE RANGE – the actual range of cells that will be averaged,
if omitted, the range will be used instead
Analyzing Data using Microsoft Excel
Example:
Using figure 1:

Result: