Excel Calculations How To Use Them

Excel Calculations How To Use Them

In this Excel for Mac 2016 update to his popular series, author Dennis Taylor presents numerous formulas and functions in Excel and shows how to use them efficiently.

The course begins with tips and keyboard shortcuts to accelerate the way you work with formulas within one or multiple worksheets.

Dennis then covers how to perform logical tests with the IF, AND, OR, and NOT functions; search and retrieve data with lookup functions (VLOOKUP, MATCH, and INDEX); analyze data with statistical functions; use text functions to clean up worksheets; work with array formulas and functions, and master date and time calculations.

Dennis focuses on practical examples that transition effortlessly to real-world scenarios.

We create short videos, and clear examples of formulas, functions, pivot tables, conditional formatting, and charts.

I now need to work these arrays into my complicated spreadsheets -Jeremy.

Enter the interest rate, loan amount, and loan period, and see what your monthly principal and interest payments will be.

Then specify an additional monthly principal payment and see your equity grow and interest reduce.

The older FORECAST function still exists for compatibility with worksheets created in older versions, but if youre creating a new sheet, youll want to use one of these.

The Forecast Sheet chart isnt available on the Mac edition of 2016, but you can still create a regular chart.

This type of data doesnt have a cycle, which means the sales dont depend on the time of year.

You need dates and their corresponding numbers for all the forecasting functions.

We want to know what the units sold will be for June through December.

To make the calculations easier, I gave these range names of datessheet1 and unitssheet1.

You can see all the range names for this workbook by clicking the Name Box in the upper left corner of the sheet.

If you want, click one of the names to select its range.).

The seasonality function usually needs 3 years of data for good results.

Excel estimates the numbers based on trends and seasonality, giving the most weight to recent data, declining exponentially.

To keep it simple, you can leave out the optional arguments.

The only new one you havent seen yet is the confidence level percent.

On the Home tab of the ribbon, use the Decrease Decimal button to remove the decimals.

On the ribbon, click the Data tab, then click the Forecast Sheet button.

Make your choices, then click the Create button to insert the chart.

Excel For Mac Update Calculations