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ADVANCED FUNCTIONS AND FORMULAS IN EXCEL

Electronic spreadsheet software are like Microsoft Excel commonly used by


individuals and businesses to create and produce much needed calculations and
operations. Spreadsheets are designed with functions and formulas that will make
calculating numerical data easier and convenient for you.
Functions - are calculations that return a result.
To create and enter functions, always start with an equal sign (=). Without it,
Excel will not calculate a result. The inputs in functions are called arguments. Arguments
can be in a form of numbers, cell references, or texts.
There are hundreds of functions found in Excel. All these can be accessed using
either of the following methods:

1. Click the Insert Function button from the left side of the formulas tab.
2. Select a function from one of the lists in the insert Function dialog box. Then
click OK
3. A Function Arguments dialog box will appear that will automatically assist you
to input numbers in your selected function. This window indicates what each
function does and the arguments that each function considers.
4. Directly input numbers into the cells. Useful prompts showing the format of the
functions and the arguments that should be inserted will appear. You may also
use the mouse to click desired ranges that you want to include in the function.
Then the cells’ address will automatically inserted in your function. Once the
numbers are typed in the dialog box, click OK.
5. The answer to the Function is shown in the cell.
There are different categories of functions. Some of which are the following:
MATHEMATICAL – these include mathematical functions such as AVERAGE(), SUM(),
etc.
DATE and TIME - these are concerned with the date and time such as DATEVALUE()
that converts dates written in texts to numbers.
LOGICAL - there are used whether arguments, texts, or values are true or not depending
on the set standard.
LOOKUP and REFERENCE - these functions are used when looking for an entry or
value in the spreadsheet.

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