7-1 IS 2101 Spring 2010 Chapter 8 Using Functions And Tables

Objectives Use SUM, AVERAGE, MEDIAN, MIN, and MAX Functions Use COUNTIF and IF Functions, and Apply Conditional Formatting Use a Date Function Freeze Panes and Create an Excel Table

Objectives Format and Print a Large Worksheet Use Financial Functions Use Goal Seek Create a Data Table

Use SUM, AVERAGE, MIN, MEDIAN, and MAX Functions A function is a predefined formula that Excel has already provided. A function performs calculations by using specific values in a particular order or structure. Functions are grouped into categories such as Financial, Logical, etc.

Use SUM, AVERAGE, MIN, MEDIAN, and MAX Functions

Functions can be inserted in several ways:  Use the Function Library or Insert Function button.  Use the Formula AutoComplete.  Copy a similar function from another cell and edit the arguments.  Select Insert Function from any of the displayed menus in the Function Library Group or press Shift + F3.

Use SUM, AVERAGE, MIN, MEDIAN, and MAX Functions

Use COUNTIF and IF Functions, and Apply Conditional Formatting

Use a Date Function The NOW function:  retrieves date and time from your computer's calendar and clock and inserts the information into the selected cell  result is formatted as a date and time  places a sequential number in the cell that corresponds to the date and time

Freeze Panes and Create an Excel Table The Freeze Panes command takes selected rows or columns and freezes them into place.  The locked rows and columns become separate panes.  A pane is a portion of a worksheet window bounded and separated by other portions, such as vertical or horizontal bars.

Freeze Panes and Create an Excel Table

Format and Print a Large Worksheet

Use Financial Functions Interest = The amount charged for use of borrowed money. Interest percentage = Rate. The initial amount of loan = Present value (Pv).

Use Financial Functions Principal = The total amount that a series of future payments is worth now. The number of time periods (# of payments) = nper. The value at the end of the time periods is Future value (Fv). The future value is usually zero for loans.

Use Financial Functions

Use Goal Seek Goal Seek is a method to find a specific value for a cell by adjusting the value of one other cell.  Goal Seek works backward from the desired outcome, to find the input necessary to achieve the goal.  Goal Seek is one of Excel’s What-If Analysis tools.

Use Goal Seek

Create a Data Table Data table :  a range of cells that show how changing certain values will affect the results  makes it easy to calculate multiple versions in one operation, and then view and compare the results A one-variable data table will change the value in only one cell. A two-variable data table will change the values in two cells.

Create a Data Table

Covered Objectives Use SUM, AVERAGE, MEDIAN, MIN, and MAX Functions Use COUNTIF and IF Functions, and Apply Conditional Formatting Use a Date Function Freeze Panes and Create an Excel Table

Covered Objectives Format and Print a Large Worksheet Use Financial Functions Use Goal Seek Create a Data Table