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Basic Functions

The document provides an overview of basic functions in Excel for calculating new variables and performing various mathematical operations. It covers functions such as SUM, COUNT, AVERAGE, VAR.S, STDEV.S, MIN, MAX, MEDIAN, MODE.SNGL, QUARTILE.INC, and STANDARDIZE, along with their usage examples. Additionally, it explains the concept of Named Ranges to simplify cell references in calculations.
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0% found this document useful (0 votes)
11 views14 pages

Basic Functions

The document provides an overview of basic functions in Excel for calculating new variables and performing various mathematical operations. It covers functions such as SUM, COUNT, AVERAGE, VAR.S, STDEV.S, MIN, MAX, MEDIAN, MODE.SNGL, QUARTILE.INC, and STANDARDIZE, along with their usage examples. Additionally, it explains the concept of Named Ranges to simplify cell references in calculations.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Basic Functions in Excel

Calculating New Variables

• To calculate new variables in Excel using mathematical


operations first type = in a specified cell and then type
the calculation to be carried out.

• Specific cells or numbers can be used in Excel.

• Mathematical Operators:

• Multiplication : *
• Subtraction : -
• Addition : +
• Division : /
SUM function

• The sum function in Excel is used to calculate the


summation of all numerical values within specified cells.

• For example:

• =sum(A2:A10)
• =sum(A2:A10; C2:C10)

• The AutoSum Wizard on the right-hand side of the ribbon


can also be used to calculate the sum of column.
COUNT and COUNTIF function

• The count function in Excel counts the total number of


cells that contain numbers.

• For example:

• =count(A1:A20)

• The countif function can also be used to count the


number of cells that meet a specific criteria.

• For example:

• =countif(A1:A20; “Apples”)
AVERAGE function

• The average function in Excel calculates the arithmetic


mean for specified cells or arguments.

• For example:

• =average(A1:A20)
VAR.S function

• The var.s function in Excel calculates the variance of the


arguments based on a sample.

• For example:

• =var.s(A1:A20)
STDEV.S function

• The stdev.s function in Excel calculates the standard


deviation of the arguments based on a sample.

• For example:

• =stdev.s(A1:A20)
SQRT function

• The sqrt function in Excel returns the positive square root


of an argument.

• For example:

• =sqrt(A1)
• =sqrt(ABS(A1)) : can be used to avoid errors
MIN and MAX functions

• The min and max functions in Excel return either the


minimum or maximum values of a specified range.

• For example:

• =min(A1:A20)
• =max(A1:A20)
MEDIAN function

• The median function in Excel returns the median value


for specified arguments.

• For example:

• =median(A1:A20)
MODE.SNGL function

• The mode.sngl function in Excel returns the most


occurring or repetitive value in a range or array. (prior to
Excel 2010, the function was just mode)

• For example:

• =mode.sngl(A1:A20)
QUARTILE.INC function

• The quartile.inc function in Excel returns the quartile of a


specified data set based on values 0, 1, 2, 3 and 4 where:

• 0 = Minimum value
• 1 = First or 25th quartile value
• 2 = Median or 50th quartile value
• 3 = Third/Upper or 75 quartile value
• 4 = Maximum value

• For example:

• =quartile.inc(A1:A20; 1) – returns the 25th quartile


value
STANDARDIZE function

• The standardize function in Excel calculates a normalized


value based on a defined mean and standard deviation.
Cell references can be used to define the mean and
standard deviation.

• For example:

• =standardize(A1; 0; 1)
• =standardize(A1; A2; A3)
Named Ranges

• Named Ranges are useful in Excel to refer to cells using a


more common expression than the actual cell number.

• Once defined, named ranges can be used in all


subsequent Excel operations.

• Defining a named range:

• Either define a named range in the Name Box at the


top left.

• Or use the Name Manager under the Formula tab


to define a range.

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