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  • Writer's picturePinnacleVex KA Analytics

Basic Excel Formulas For Your Daily Workflow

Microsoft Excel is considered as the industry standard in data analysis world and it’s used for data processing, data modeling, and reporting. I will give an overview of basic Excel functions.

Formula: A formula is an expression that operates on values in a range of cells or a cell. For example, we have three cells B1,B2,B3, and B4 if want to sum these cell we use ‘=B1+B2+B3+B4’, which finds the sum of the range of values from cell B1 to B4.

Functions: The functions are pre-defined formulas in Excel. For example, if we consider above, we do sum using a pre-defined function called SUM. ‘=SUM(A1:A3)’, this function sums all the values from B1 to B4.

Some Basic Excel Formulas For Your Daily Workflow:

AVERAGE: Get the average of a group of numbers COUNT: Count numbers COUNTA: Count the number of non-blank cells COUNTBLANK: Count cells that are blank IF: Test for a specific condition LEN: Get the length of text TRIM: Remove extra spaces from text CONCATENATE: Join text values without delimiter EXACT: Compare two text strings DATE: Create a valid date from year, month, and day DATEDIF: Get days, months, or years between two dates MATCH: Get the position of an item in an array TRANSPOSE: Flip the orientation of a range of cells LOOKUP: Look up a value in a one-column range VLOOKUP: Look up a value in a table by matching on the first column ROUND: Round a number to a given number of digits
CHISQ.TEST: Get the chi-square distribution of two provided datasets BINOM.DIST: Get the chi-square distribution CORREL: Calculate the correlation co-efficient between two variables

Happy Learning !!! :)

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