Lecture 1-2 - Introduction To Application Software
Lecture 1-2 - Introduction To Application Software
• The Excel interface is where you see and use the tools in Excel on the
screen. This includes the way the tools are organized and presented
to you, the software user.
• Some features of excel work book
• The Welcome Page, The Ribbon, Quick Access Toolbar, and File Tab.
Excel Welcome Page
• When you first open Excel 2016, you will see the Welcome Page (Figure 2
below).
• Take a moment to browse the many templates available for specific
uses. Notice the Search Box near the top-center where you can search
for templates for other uses.
• Figure 4
File Tab
• The File Tab is where you can create a New document, Open an
existing one, Save changes, Save As a different file with a different
name, Print the current workbook, and many other options.
Excel Ribbon and Commands
Excel Work Space
• Name Box: Displays the currently selected sell.
• Formula Bar: Displays the number, text, or formula that is in the
currently selected cell, and allows you to edit it. It behaves just like a
text box.
• Selected Cell: The selected cell has a dark border around it.
• Column: Columns run vertically (top to bottom).
• Column Label: Identifies each column with a letter. Clicking on a
column label selects the entire column.
• Row: Rows run horizontally (left to right).
• Row Label: Identifies each row with a number. Clicking on a row label
selects the entire row.
Work Space
• Cell: The intersection of a row and column.
• Worksheets: The worksheets is contained in the workbook are
displayed at the bottom-left of the screen. Click on a worksheet to
view it.
• Scroll Bars: Used to view other parts of a worksheet when the entire
worksheet cannot fit on the screen.
• View Tools: See Status Bar next
Status Bar
• Status Bar: Located below the document window area
Parts of a function
31 31
Using Functions in Excel
Some function examples:
SUM, SUMIF
MIN, MAX
AVERAGE, AVERAGEIF
ROUND
A Function is a predefined worksheet
formula
The advantage of
using a function:
• Saves time writing
• Simplifies complex calculations
• Faster execution
• Less chance of typographical errors
• Fewer characters in the formula bar
The Increase/Decrease
decimal buttons do NOT
change a value only how
the value is displayed.
Use the ROUND function to change the
precision of a value
The Round Function changes the precise value of
a number, not just its display
Syntax: =Round (number, num_digits)
• = Round (24.44,1) results in the value 24.4
• The ROUND function can be part of a larger formula:
• What value results: =Round (X2,0)*10 if cell X2 contains
the value 92.2?
• How would you write a formula to round the average value
in cells D5:D10 to the nearest ten?
The num_digits argument
• Positive num_digits
round to the
specified number of
decimal places
• A zero results in a
whole number
• Negative num_digits
round values to tens,
hundreds etc.
Notice the Σ SUM gives different results
when adding rounded values
* The comma tells the computer the next argument is the criteria – so
you cannot list individual cells separated by a comma for the range
How many people scored above 6 points
on either lab?
The SUMIF Function sums the values in a range
that meet a specific criteria
SUMIF(range, criteria, sum-range)
Range – Continuous range used to compare the
criteria
Criteria – Comparison Criteria
Sum-Range - If criteria is met, the computer will sum
the corresponding entry in this range
The syntax of the criteria is the same as the syntax of
the COUNTIF function:
- a number such as 6
- text such as “Honor”
- a Boolean value such as “<2”
- a cell reference such as A1
Sumif Function
=SUMIF(B$2:B$6,A9, C$2:C$6)
Use the AVERAGEIF function to average values that meet a
specified criteria – average number of courses taken by
students in each college
=AVERAGEIF(B$2:B$6,A9, C$2:C$6)
Syntax
=DATE(year, month, day)
Input Arguments
• year – the year to be used for the date.
• month – the month to be used for the date.
• day – the day to be used for the date.
• The result displayed in the cell would depend on the formatting of that cell
Date and Time functions
Today function
• is used to get the current date. It returns a serial number that represents the current date.
Syntax
=TODAY()
Input Arguments
TODAY function does not take any input arguments. It is used with empty parenthesis. It automatically
take machine date as its argument.
Year Function
=Year(Today())
Produces the current year.
Date and Time functions
Networkdays Function
It returns a positive integer that represents the total number of working days between two specified
dates.
Syntax
=NETWORKDAYS(start_date, end_date, [holidays])
Input Arguments
• start_date – a date value that represents the start date.
• end_date – a date value that represents the end date.
• [holidays] – (Optional) It is a range of dates that are excluded from the calculation
Financial functions
PMT function
It is one of the many financial functions in excel. It helps you calculate the payment you need to make for
a loan when you know the total loan amount, interest rate, and the number of constant payments.
For example, suppose you buy a house for MWK 20,000,000. Since you don’t have that kind of cash, you
get a home loan at a 4% annual interest rate.
Now, you have to pay the loan installments every month for the next 20 years
Present Value (PV) is today’s value of money you expect from future income and is calculated as the sum of
future investment returns discounted at a specified level of rate of return expectation.
= PV (rate, nper, pmt, [fv],[type])
Financial functions
Present Value (PV) is today’s value of money you expect from future income and is calculated as the sum of
future investment returns discounted at a specified level of rate of return expectation.
Syntax
The first argument sets a condition for comparison, called a logical test. The second argument determines
the value if the logical test is true. The third argument determines the value if the logical test is false.
returns PASS if the value in cell C4 is greater than 60; otherwise the formula returns FAIL.
Nested IF
It is possible to combing function for example
=Round(SUM(C2
Logical Functions
Logical Functions -
IF( logical_test, value_if_true, value_if_false)
Checks whether a condition is met, and returns one value if TRUE, and another value if FALSE.
AND( logical1, logical2, ….)
Checks whether all arguments are TRUE, and returns TRUE if all arguments are TRUE.
OR( logical1, logical2, ….)
Checks whether any of the arguments are TRUE, and returns TRUE or FALSE. Returns FALSE only if
all arguments are FALSE
.
Logical Functions
Nested IF
• In B$2, you lock the row coordinate to tell Excel always to pick the
multiplier in row 2. The column coordinate is relative because the
multipliers are in 3 different columns and the formula should adjust
accordingly.