1. Lesson 16: Working with Formulas and Functions

2. Learning Objectives After studying this lesson, you will be able to:  Create formulas to calculate values, utilizing the proper syntax and order of operations  Employ a variety of methods to use the IF logical function and statistical functions that determine the sum, average, count, maximum, and minimum of a range of numbers  Use relative, absolute, and mixed cell references in formulas  Modify and copy formulas  Display the formulas contained within cells rather than the resulting values 2

3. 3 Formulas and Functions Formula  Simply a math problem done in Excel Function  Prewritten formula that helps simplify complex procedures (for numbers and text)

4. AutoSum Automatically sums a column or row of numbers 4 Here, cell B9 was active and then the AutoSum command was issued; Excel will propose to add the numbers above the cell

5. 5 Status Bar Functions & Customization Right-clicking on the status bar displays a menu from which you can add items to or delete them from the Status Bar Notice the functions displayed on the status bar

6. 6 Creating Formulas Start with “ = ” Use cell and range references when possible Arithmetic operators in formulas:  Addition: +  Subtraction: -  Multiplication: *  Division: /  Exponentiation: ^  Percent: %  Grouping: ( )

7. 7 Cell and Range References Advantages:  When references are used, formulas can be copied to other cells  Since a reference refers to a cell or a range of cells, the formula results are automatically recalculated when the data is changed in the referenced cell(s)

8. 8 Please Excuse My Dear Aunt Sally Determines the order of operations in formulas:  Parentheses  Exponents  Multiplication  Division  Addition  Subtraction Tip! To remember the order of operations, use the pseudonym “Please excuse my dear Aunt Sally.”

9. 9 Using Cell References in Formulas Relative: When you copy a formula, the cell references update automatically and refer to new cells relative to the new formula cell Absolute: Absolute references always refer to the same cell, regardless of which cell the formula is moved or copied to Note! Absolute cell references are denoted with $ signs. Relative cell reference Absolute cell reference

10. 10 Modifying Formulas Can modify in one of two places:  Formula Bar  In cell Notice the insertion point in the active cell (B6) that is being edited Referenced cells are outlined in various colors

11. 11 Copying Formulas Copy and Paste  OR AutoFill If you use the fill handle, you can click the AutoFill Options button to choose how to copy or fill the information from the source to destination cells

12. Displaying Formulas Choose to display formulas, rather than the resulting values, in cells 12 Tip! Use the Show Formulas button ( ) to toggle between displaying formulas and values

13. Formula AutoComplete Jumps into action once you type “ = ” and the beginning letters of a function in a cell 13 Choose from the wide variety of functions suggested by Formula AutoComplete

14. The Function Wizard Clicking the Insert Function button displays the Insert Function dialog box 14 The Function Arguments dialog box allows you to determine the cell or range of cells to be included in the function

15. 15 Creating Formulas with the IF Function IF function displays a value or message based on a logical test you design.

16. Lesson 16: Working with Formulas and Functions