1. What IF?

2. Objectives Identify the 3 parts to an IF Statement
Know when an IF Statement is used
Apply If Statements to Excel exercises
This is going to be FUN! I should take some notes!

3. The IF Function
Excel uses the IF function to make decisions based on the data stored in the spreadsheet.
The IF function makes a decision based on a comparison.

4. The Comparison…. What’s That?
The Comparison looks at information in the database and compares the information with a condition.
If the comparison is true, one answer is displayed in the cell—the true statement; if the comparison is false, a second answer is displayed—the false statement.

5. Relational Operators The following are operators which Excel uses to compare data
= equal to
< less than
> greater than
<= less than or equal to
>= greater than or equal to
<> not equal to

6. 3 Components EXAMPLE: =IF(C4<E7,10,20)
=IF (comparison, true statement, false statement)
EXAMPLE:
=IF(C4<E7,10,20)
True Statement
False Statement
Comparison

7. Examples If Statement using values =IF(A1<=25,50,100)
If Statement using a value and a formula
=IF(B2<D2,0,B2*10%)
If Statement using labels
=IF(E1>70,“Plenty”,“Reorder”)

8. IF
IF I get more than $100 for my birthday, I will buy a Ipod, otherwise I’ll just buy CDs. The total for my birthday is in cell A9
Comparison A9>100
True Statement “Ipod”
False Statement “CDs”
=IF(A9>100,“Ipod”,“CDs”)

9. IF
You are taking some friends and some neighbor children you are babysitting to the movies. Movie prices for children under 13 are $5.50, otherwise the price is $ The ages of people going to the movie start in D7
Comparison D7<13
True Statement 5.50
False Statement 8.00
=IF(D7<13,5.50,8.00)

10. IF
IF the concert tickets are less than or equal to $45 I will go to the Rascal Flatts concert, otherwise I’ll watch it on TV. The concert price is in cell C2
Comparison C2<=45
True Statement “Concert”
False Statement “TV”
=IF(C2<=45,“Concert”,“TV”)

11. IF
IF my current stock price is greater than $15 per share, I’ll sell it, otherwise I’ll keep it. Our current stock price is in cell E3
Comparison E3>15
True Statement “Sell”
False Statement “Keep”
=IF(E3>15,“Sell”,“Keep”)

12. IF
I’m a car dealer. If I sell a car that is more than $20,000 I receive a 6.5% commission, otherwise I receive a 4% commission. The prices of the cars I have sold start in F4.
Comparison F4>20000
True Statement F4*6.5%
False Statement F4*4%
=IF(F4>20000,F4*6.5%,F4*4%)

13. Let’s Review The IF function makes decisions based on a comparison.
The IF function takes this form
=IF(comparison,true statement, false statement)
Use relational operators in the comparison
= < > <= >= <>