DAY 10: EXCEL CHAPTER 7 Tazin Afrin September 19,

RELATIVE STANDING Rank –Identifies a value’s rank within a list of value =RANK.EQ(number,ref,[order]) =RANK.AVG(number,ref,[order]) identifies the rank of a value but assigns an average rank when identical values exist. 2

RELATIVE STANDING PercentRank –Displays a value’s rank as a percentile of the range of data in the dataset. –The first rank is rank of the highest value –The lowest percent rank is rank of the lowest value =PERCENTRANK.INC(array,x,[significance]) includes 0 and 1 =PERCENTRANK.EXC(array,x,[significance]) excludes 0 and 1 3

RELATIVE STANDING Quartile –Identifies a value at a specific quartile for a dataset quartile 0 for the lowest value quartile 4 for the highest value =QUARTILE.INC(array,quart) includes top and bottom values =QUARTILE.EXC(array,quart) excludes top and bottom values 4

RELATIVE STANDING Percentile –identifies the k th percentile of a specified value within a list of values =PERCENTILE.INC(array,k) includes the 0 th and 100 th percentiles =PERCENTILE.EXC(array,k) excludes the 0 th and 100 th percentiles 5

NESTED IF 6 >=90 >=80 >=70 >=60 A A B B C C D D F F X = IF(A1>=60, “D”, “F”) Y = IF(A1>=70, “C”, X) Z = IF(A1>=80, “B”, Y) IF(A1>=90, “A”, Z) 75 NY NY NY NY

LOGICAL FUNCTION =AND(logical1,logical2) –returns TRUE when all arguments are true and FALSE when at least one argument is false. =OR(logical1,logical2) –returns TRUE if any argument is true and returns FALSE if all arguments are false. =NOT(logical) –returns TRUE if the argument is false and FALSE if the argument is true. 7

LOOKUP FUNCTION =MATCH(lookup_value,lookup_array,[match_type) –identifies a searched item’s position in a list. =INDEX(array,row_num,[column_num]) –returns a value or reference to a value within a range. 8

DATABASE FILTERING AND FUNCTION Advanced filtering –List range –Criteria range –Copy to Functions =DSUM(database,field,criteria) =DAVERAGE(database,field,criteria) =DMAX(database,field,criteria) =DMIN(database,field,criteria) =DCOUNT(database,field,criteria) 9

FINANCIAL FUNCTION Loan Amortization Table –a schedule showing monthly payments, interest per payment, amount toward paying off the loan, and the remaining balance for each payment. Functions =IPMT(rate,per,nper,pv,[fv],[type]) =PPMT(rate,per,nper,pv,[fv],[type]) 10

FINANCIAL FUNCTION =PV(rate,nper,pmt,[fv],[type]) –Calculates the present value of an investment. =NPER(rate,pmt,pv,[fv],[type]) –Calculates the number of periods for an investment or loan. =RATE(nper,pmt,pv,[fv],[type]) –Calculates the periodic rate for an investment or loan. 11

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