Vlookupstats
Vlookupstats
VLOOKUP - MS EXCEL
VLOOKUP(Vertical Lookup) is a function in Microsoft Excel that helps users search for a specific value in the first column of a
range or table and return a corresponding value from another column in the same row. It is widely used for data analysis and
automation in Excel.
Procedure for using
VLOOKUP
SYNTAX:
=VLOOKUP(lookup_value, table_array, col_index_num,
[range_lookup])
• range_lookup (optional):
For example:
• Use absolute references (e.g., $A$2:$D$20) if you plan to copy the formula to other cells, ensuring the table range remains fixed.
• Wrap the formula with IFERROR to manage missing or incorrect lookup values:
• Example: Retrieve a product’s price, description, or category using its name or ID.
2. Merging Datasets
• Combine information from two different sheets or tables based on a common key (e.g., employee IDs).
3. Grading Systems
4. Inventory Management
• Find the stock count, price, or supplier of an item using its SKU or name.
• Automate the calculation of commissions or retrieve tax rates from a reference table.
6. Reporting