Excel Lecture Notes3 PDF
Excel Lecture Notes3 PDF
Excel Lecture Notes3 PDF
LECTURE
NOTES
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PREAMBLE
Microsoft Excel is an electronic spreadsheet. You can use it to organize your data
into rows and columns. You can also use it to perform mathematical calculations
quickly. This course teaches Microsoft Excel basics as a prelude to the use of
Statistical Analysis System (SAS) software in carrying out more complex statistical
analysis. Although knowledge of how to navigate in a Windows environment is
helpful, this manual is created for the computer novice.
At the end of the course, participants are expected to know how to use Microsoft
Excel to:
Accordingly, the course is divided into the following five (5) sections.
This Section will introduce you to the Excel window. To begin this Section, start
Microsoft Excel 2007 as follows:
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The Microsoft Excel window appears and your screen looks similar to the one shown
here.
In the upper-left corner of the Excel 2007 window is the Microsoft Office button.
When you click the button, a menu appears. You can use the menu to create a new
file, open an existing file, save a file, print and perform many other tasks.
1.3 The Quick Access Toolbar
Next to the Microsoft Office button is the Quick Access toolbar. The Quick Access
toolbar gives you quick access to commands you frequently use.
1.4 The Title Bar
Next to the Quick Access toolbar is the Title bar. On the Title bar, Microsoft Excel
displays the name of the workbook you are currently using. At the top of the Excel
window, you should see "Book 1 - Microsoft Excel" or a similar name.
1.5 The Ribbon
In Microsoft Excel 2007, you use the Ribbon to issue commands. The Ribbon is
located near the top of the Excel window, below the Quick Access toolbar.
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1.6 Worksheets
Microsoft Excel consists of worksheets. Each worksheet contains columns and rows.
The columns are lettered A to Z and then continuing with AA, AB, AC and so on; the
rows are numbered 1 to 1,048,576.
The combination of a column coordinate and a row coordinate make up a cell
address. For example, the cell located in the upper-left corner of the worksheet is
cell A1, meaning column A, row 1. Cell E10 is located under column E on row 10.
You enter your data into the cells on the worksheet.
1.7 The Formula Bar
If the Formula bar is turned on, the cell address of the cell you are in displays in the
Name box which is located on the left side of the Formula bar. Cell entries display
on the right side of the Formula bar.
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1.8 The Status Bar
The Status bar appears at the very bottom of the Excel window and provides such
information as the sum, average, minimum, and maximum value of selected
numbers.
1.9 Move Around a Worksheet
By using the arrow keys, you can move around your worksheet. You can use the
down arrow key to move downward one cell at a time. You can use the up arrow
key to move upward one cell at a time. You can use the Tab key to move across the
page to the right, one cell at a time. You can hold down the Shift key and then press
the Tab key to move to the left, one cell at a time. You can use the right and left
arrow keys to move right or left one cell at a time. The Page Up and Page Down keys
move up and down one page at a time. If you hold down the Ctrl key and then press
the Home key, you move to the beginning of the worksheet.
1.10 EXERCISE 1
Move around the Worksheet using the Down and Up Arrow Keys, the Right and Left
Arrow Keys, the Tab Key, the Page Up and Page Down Keys and the (Ctrl) Home Key.
1.11 Go To Cells Quickly
The following are shortcuts for moving quickly from one cell in a worksheet to a cell
in a different part of the worksheet.
1.12 EXERCISE 2
Go to -- F5
1. Press F5. The Go To dialog box opens.
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2. Type J3 in the Reference field.
3. Press Enter. Excel moves to cell J3.
Go to -- Ctrl+G
1. Hold down the Ctrl key while you press "g" (Ctrl+g). The Go To dialog box
opens.
2. Type C4 in the Reference field.
3. Press Enter. Excel moves to cell C4.
Go To -- The Name Box
You can also use the Name box to go to a specific cell. Just type the cell you want to
go to in the Name box and then press Enter.
If you wish to perform a function on a group of cells, you must first select those cells
by highlighting them. The exercises that follow teach you how to select.
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1.14 EXERCISE 3
Select Cells – F8
To select cells A1 to E7:
1. Go to cell A1.
2. Press the F8 key. This anchors the cursor.
3. Note that "Extend Selection" appears on the Status bar in the lower-left
corner of the window. You are in the Extend mode.
4. Click in cell E7. Excel highlights cells A1 to E7.
5. Press Esc and click anywhere on the worksheet to clear the highlighting.
Alternative Method: Select Cells by Dragging
1. Go to cell A1.
2. Press the left mouse button.
3. While holding down the left mouse button, use the mouse to move from cell
A1 to C5.
4. Release the left mouse button.
5. Hold down the Ctrl key until step 9.
6. Using the mouse, place the cursor in cell D7.
7. Press the left mouse button.
8. While holding down the left mouse button, move to cell F10. Release the left
mouse button.
9. Release the Ctrl key. Cells A1 to C5 and cells D7 to F10 are selected.
10.Press Esc and click anywhere on the worksheet to remove the highlighting.
1.15 Enter Data
In this section, you will learn how to enter data into your worksheet. First, place the
cursor in the cell in which you want to start entering data. Type some data, and
then press Enter. If you need to delete, press the Backspace key to delete one
character at a time.
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1.16 EXERCISE 4
Enter Data
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Alternate Method: Edit a Cell by Double-Clicking in the Cell
You can change "Joker" to "Johnson" as follows:
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1. Move to cell A2.
2. Type Text too long to fit.
3. Press Enter.
6. Click the Wrap Text button . Excel wraps the text in the cell.
1.21 Delete a Cell Entry
To delete an entry in a cell or a group of cells, you place the cursor in the cell or
select the group of cells and press Delete.
1.22 EXERCISE 7
Delete a Cell Entry
1. Select cells A1 to A2.
2. Press the Delete key.
1.23 Save a File
This is the end of Section 1. To save your file:
1. Click the Office button. A menu appears.
2. Click Save. The Save As dialog box appears.
3. Go to the directory in which you want to save your file.
4. Type Section1 in the File Name field.
5. Click Save. Excel saves your file.
1.24 Close Excel
Close Microsoft Excel.
1. Click the Office button. A menu appears.
2. Click Close. Excel closes.
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Section 2: Entering Excel Formulas and Formatting Data
Section 1 familiarized you with the Excel 2007 window, taught you how to move
around the window, and how to enter data. A major strength of Excel is that you
can perform mathematical calculations and format your data. In this Section, you
will learn how to perform basic mathematical calculations and how to format text
and numerical data. To start this Section, open Excel.
2.1 Perform Mathematical Calculations
In Microsoft Excel, you can enter numbers and mathematical formulas into cells.
Whether you enter a number or a formula, you can reference the cell when you
perform mathematical calculations such as addition, subtraction, multiplication, or
division. When entering a mathematical formula, precede the formula with an equal
(=) sign. Use the following to indicate the type of calculation you wish to perform:
+ Addition
– Subtraction
* Multiplication
/ Division
^ Exponential
In the following exercises, you practice some of the methods you can use to
perform mathematical calculations.
2.2 EXERCISE 1
2.2.1 Addition, Subtraction, Multiplication and Division of Numbers
1. Type: Add, Subtract, Multiply, and Divide in cells A1, B1, C1, and D1
respectively
2. Type: 12, 25, 11 and 75 in cells A2, B2, C2 and D2 respectively
3. Type: 8, 13, 6 and 5 in cells A3, B3, C3 and D3 respectively
4. Type: = A2 + A3 in cell A5 and press Enter
5. Type: = B2 + B3 in cell A5 and press Enter
6. Type: = C2 + C3 in cell A5 and press Enter
7. Type: = D2 + D3 in cell A5 and press Enter
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When creating formulas, you can reference cells and include numbers. All of the
following formulas are valid:
(a) =A2/B2; (b) =A2+12-B3; (c) =A2*B2+12; (d) =24+53/B2
To change the order of calculation, use parentheses. Microsoft Excel calculates the
information in parentheses first.
1. Double-click in cell A7.
2. Edit the cell to read =(3+3+12)/2*4.
3. Press Enter.
Note: Microsoft Excel adds 3 plus 3 plus 12, divides the answer by 2, and then
multiplies the result by 4. The answer, 36, displays in cell A7.
2.4 AutoSum
You can use the AutoSum button on the Home tab to automatically add a
column or row of numbers. When you press the AutoSum button , Excel selects
the numbers it thinks you want to add. If you then click the check mark on the
Formula bar or press the Enter key, Excel adds the numbers. If Excel's guess as to
which numbers you want to add is wrong, you can select the cells you want.
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2.5 EXERCISE 3
AutoSum
The following illustrates AutoSum:
1. Go to cell F1.
2. Type 3.
3. Press Enter. Excel moves down one cell.
4. Type 3.
5. Press Enter. Excel moves down one cell.
6. Type 3.
7. Press Enter. Excel moves down one cell to cell F4.
8. Choose the Home tab.
9. Click the AutoSum button in the Editing group. Excel selects cells F1
through F3 and enters a formula in cell F4.
10.Press Enter. Excel adds cells F1 through F3 and displays the result in cell F4.
Note that you can click on the arrow next to AutoSum to access other automatic
calculations like average, minimum and maximum values, count numbers, etc.
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2.6 Align Cell Entries
When you type text into a cell, by default your entry aligns with the left side of the
cell. When you type numbers into a cell, by default your entry aligns with the right
side of the cell. You can change the cell alignment. You can center, left-align, or
right-align any cell entry. Look at cells A1 to D1. Note that they are aligned with the
left side of the cell.
2.7 EXERCISE 4
To center cells A1 to D1:
5. Click the Paste button . Excel moves the contents of cells D9 to D12 to
cells G1 to G4.
2.9 Insert and Delete Columns and Rows
You can insert and delete columns and rows. When you delete a column, you delete
everything in the column from the top of the worksheet to the bottom of the
worksheet. When you delete a row, you delete the entire row from left to right.
Inserting a column or row inserts a completely new column or row.
2.10 EXERCISE 5
Insert and Delete Columns and Rows
To delete columns F and G:
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1. Move to cell A6.
2. Type Now is the time for all good men to go to the aid of their army.
3. Press Enter. Everything that does not fit into cell A6 spills over into the
adjacent cell.
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Change a Column Width by Dragging
You can also change the column width with the cursor.
1. Place the mouse pointer on the line between the B and C column headings.
The mouse pointer should look like the one displayed here , with two
arrows.
2. Move your mouse to the right while holding down the left mouse button. The
width indicator appears on the screen.
3. Release the left mouse button when the width indicator shows approximately
20. Excel increases the column width to 20.
Change a Column Width by AutoFit Column Width
1. Select the column or column you want to change the column width.
2. Choose the Home tab.
3. Click the down arrow next to Format in the Cells group.
4. Click on AutoFit Column Width. You should now be able to see all of the text.
2.15 Format Numbers
You can format the numbers you enter into Microsoft Excel. For example, you can
add commas to separate thousands, specify the number of decimal places, place a
dollar sign in front of a number, or display a number as a percent.
2.16 EXERCISE 8
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7. Click the Comma Style button . Excel separates thousands with a comma.
8. Click the Accounting Number Format button . Excel adds a dollar sign to
your number.
9. Click twice on the Increase Decimal button to change the number format
to four decimal places.
10.Click the Decrease Decimal button , if you wish to decrease the number of
decimal places.
Change a decimal to a percent.
This is the end of Section 2. You can save and close your file. See Section 1
(Subsections 1.23 and 1.24) to learn how to save and close a file.
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Section 3: Creating Excel Functions, Filling Cells, and Printing
By using functions, you can quickly and easily make many useful calculations, such
as finding an average, the highest number, the lowest number, and a count of the
number of items in a list. Microsoft Excel has many functions that you can use.
3.1 Using Reference Operators
To use functions, you need to understand reference operators. Reference operators
refer to a cell or a group of cells. There are two types of reference operators: range
and union.
A range reference refers to all the cells between and including the reference. A
range reference consists of two cell addresses separated by a colon. The reference
A1:A3 includes cells A1, A2, and A3. The reference A1:C3 includes cells A1, A2, A3,
B1, B2, B3, C1, C2, and C3.
A union reference includes two or more references. A union reference consists of
two or more numbers, range references, or cell addresses separated by a comma.
The reference A7,B8:B10,C9,10 refers to cells A7, B8 to B10, C9 and the number 10.
3.2 Understanding Functions
Functions are prewritten formulas. Functions differ from regular formulas in that
you supply the value but not the operators, such as +, -, *, or /. For example, you
can use the SUM function to add. When using a function, remember the following:
1. Use an equal sign to begin a formula.
2. Specify the function name.
3. Enclose arguments within parentheses. Arguments are values on which you
want to perform the calculation. For example, arguments specify the
numbers or cells you want to add.
4. Use a comma to separate arguments.
Here is an example of a function:
=SUM(2,13,A1,B2:C7)
In this function, known as the SUM function:
1. The equal sign begins the function.
2. SUM is the name of the function.
3. 2, 13, A1, and B2:C7 are the arguments. Parentheses enclose the arguments.
4. Commas separate the arguments.
After you type the first letter of a function name, the AutoComplete list appears.
You can double-click on an item in the AutoComplete list to complete your entry
quickly. Excel will complete the function name and enter the first parenthesis.
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3.3 EXERCISE 1
Functions
The SUM function adds argument values.
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12.Type C1:C3 in the Number1 field, if it does not automatically appear.
13.Click OK. The sum of cells C1 to C3, which is 300, appears.
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3.6 Find the Highest Number
You can use the MAX function to find the highest number in a series of numbers.
You can use the count function to count the number of numbers in a series.
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3.8 Fill Cells Automatically
You can use Microsoft Excel to fill cells automatically with a series. For example, you
can have Excel automatically fill your worksheet with days of the week, months of
the year, years, or other types of series.
3.9 EXERCISE 2
(a) Fill Cells Automatically
The following demonstrates filling the days of the week:
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(b) Fill Times
The following demonstrates filling time:
1. Type 1:00 into cell C1.
2. Grab the fill handle and drag with your mouse to highlight cells C1 to C14.
Note that each cell fills, using military time.
3. Press Esc and then click anywhere on the worksheet to remove the
highlighting.
To change the format of the time:
1. Select cells C1 to C14.
2. Choose the Home tab.
3. Click the down arrow next to the number format box . A menu
appears.
4. Click Time. Excel changes the format of the time.
1. Go to cell E1.
2. Type Section 1.
3. Grab the fill handle and drag with your mouse to highlight cells E1 to E14. The
cells fill in as a series: Section 1, Section 2, Section 3, and so on.
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3.11 EXERCISE 3
Set the Page Layout (Margins)
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3.12 Print
The simplest way to print is to click the Office button, highlight Print on the menu
that appears, and then click Quick Print in the Preview and Print the Document
pane. Dotted lines appear on your screen, and your document prints. The dotted
lines indicate the right, left, top, and bottom edges of your printed pages. To print
from Microsoft Excel, you can proceed as follows:
1. Click on Microsoft Office Button
2. Highlight or point the mouse on Print.
3. Click on Print.
4. In the Name box, under Printer option, choose an appropriate printer.
5. Under the Print Range option, choose appropriate range of pages to be
printed.
6. Under Copies option, choose appropriate number of copies of each page
to be printed.
7. Click on OK when ready.
3.13 EXERCISE 4
Print Preview
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3.14 EXERCISE 5
Print
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Section 4: Creating Charts
In Microsoft Excel, you can represent numbers in a chart. On the Insert tab, you can
choose from a variety of chart types, including column, line, pie, bar, area, and
scatter. The basic procedure for creating a chart is the same no matter what type of
chart you choose. As you change your data, your chart will automatically update.
You select a chart type by choosing an option from the Insert tab's Chart group.
After you choose a chart type, such as column, line, or bar, you choose a chart sub-
type. For example, after you choose Column Chart, you can choose to have your
chart represented as a two-dimensional chart, a three-dimensional chart, a cylinder
chart, a cone chart, or a pyramid chart. There are further sub-types within each of
these categories. As you roll your mouse pointer over each option, Excel supplies a
brief description of each chart sub-type.
To create the column chart shown above, start by creating the worksheet below
exactly as shown.
After you have created the worksheet, you are ready to create your chart.
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4.2 EXERCISE 1
Create a Column Chart
.
1. Select cells A3 to D6. You must select all the cells containing the data you
want in your chart. You should also include the data labels.
2. Choose the Insert tab.
3. Click the Column button in the Charts group. A list of column chart sub-types
types appears.
4. Click the Clustered Column chart sub-type. Excel creates a Clustered Column
chart and the Chart Tools context tabs appear.
4.3 Apply a Chart Layout
Context tabs are tabs that only appear when you need them. Called Chart Tools,
there are three chart context tabs: Design, Layout, and Format. The tabs become
available when you create a new chart or when you click on a chart. You can use
these tabs to customize your chart.
4.4 EXERCISE 2
Apply a Chart Layout
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4.7 Change the Size and Position of a Chart
When you click a chart, handles appear on the right and left sides, the top and
bottom, and the corners of the chart. You can drag the handles on the top and
bottom of the chart to increase or decrease the height of the chart. You can drag
the handles on the left and right sides to increase or decrease the width of the
chart. You can drag the handles on the corners to increase or decrease the size of
the chart proportionally. You can change the position of a chart by clicking on an
unused area of the chart and dragging.
4.8 EXERCISE 4
Change the Size and Position of a Chart
By default, when you create a chart, Excel embeds the chart in the active
worksheet. However, you can move a chart to another worksheet or to a chart
sheet. A chart sheet is a sheet dedicated to a particular chart. By default Excel
names each chart sheet sequentially, starting with Chart1. You can change the
name.
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4.10 EXERCISE 5
Move a Chart to a Chart Sheet
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4.12 EXERCISE 6
Change the Chart Type
You have reached the end of Section 4. You can save and close your file.
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Section 5: More on Entering Excel Formulas
This Section looks at more examples of how to enter and execute Excel Formulas.
5.1 The SUMIF Function
Syntax
SUMIF(range,criteria,sum_range)
Range is the range of cells where Excel searches for the criteria that you want
evaluated. Cells in each range must be numbers or names, arrays, or references that
contain numbers. Blank and text values are ignored.
Criteria is the criteria in the form of a number, expression, or text that defines
which cells will be added. For example, criteria can be expressed as 32, "32", ">32",
or "apples".
Sum_range are the actual cells to add if their corresponding cells in range match
criteria. If sum_range is omitted, the cells in range are both evaluated by criteria
and added if they match criteria.
Example
A B
1 Property Value Commission
2 100,000 7,000
3 200,000 14,000
4 300,000 21,000
5 400,000 28,000
Formula Description (Result)
=SUMIF(A2:A5,">160000",B2:B5) Sum of the commissions for
property values over 160,000
(63,000)
=SUMIF(A2:A5,">160000") Sum of the property values over
160,000 (900,000)
=SUMIF(A2:A5,"=300000",B2:B3) Sum of the commissions for
property values equal to 300,000
(21,000)
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5.2 The AVERAGEIF Function
Returns the average (arithmetic mean) of all the cells in a range that meet a given
criteria.
Syntax
AVERAGEIF(range,criteria,average_range)
Criteria is the criteria in the form of a number, expression, cell reference, or text
that defines which cells are averaged. For example, criteria can be expressed as 32,
"32", ">32", "apples", or B4.
1 A B
3 East 45,678
4 West 23,789
5 North -4,789
7 MidWest 9,678
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5.3 The COUNTIF Function
Counts the number of cells within a range that meet the given criteria.
Syntax: COUNTIF(range,criteria)
Criteria is the criteria in the form of a number, expression, cell reference, or text
that defines which cells will be counted. For example, criteria can be expressed as
32, "32", ">32", "apples", or B4.
Remark
You can use the wildcard characters, question mark (?) and asterisk (*), in
criteria. A question mark matches any single character; an asterisk matches any
sequence of characters. If you want to find an actual question mark or asterisk,
type a tilde (~) before the character.
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Example 2: COUNTIF formulas using wildcard characters and handling blank values
A B
1 Data Data
2 apples Yes
3 oranges NO
4 peaches No
5
apples YeS
6
Formula Description (result)
7
=COUNTIF(A2:A7,"*es") Number of cells ending with
the letters "es" in the first
column above (4)
=COUNTIF(A2:A7,"?????es") Number of cells ending with
the letters "es" and having
exactly 7 letters in the first
column above (2)
=COUNTIF(A2:A7,"*") Number of cells containing
text in the first column above
(4)
=COUNTIF(A2:A7,"<>"&"*") Number of cells not containing
text in the first column above
(2)
=COUNTIF(B2:B7,"No")/ROWS(B2:B7) The average number of No
votes including blank cells in
the second column above
formatted as a percentage
with no decimal places (33%)
=COUNTIF(B2:B7,"Yes")/(ROWS(B2:B7)- The average number of Yes
COUNTIF(B2:B7,"<>"&"*")) votes excluding blank cells in
the second column above
formatted as a percentage
with no decimal places (50%)
NOTE You can view the number as a percentage. Select the cell, and then on the
Sheet tab in the Number group, click Percentage Style .
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Returns one value if a condition you specify evaluates to TRUE and another value if
it evaluates to FALSE.
Syntax
IF(logical_test,value_if_true,value_if_false)
Logical_test is any value or expression that can be evaluated to TRUE or FALSE. For
example, A10=100 is a logical expression; if the value in cell A10 is equal to 100, the
expression evaluates to TRUE. Otherwise, the expression evaluates to FALSE.
Example
1 A
2 Score
3 45
4 90
78
Formula Description (Result)
=IF(A2<50,"FAIL","PASS") Assigns either a pass or fail
remark to the first score (FAIL)
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5.5 The AND Function
Returns TRUE if all its arguments are TRUE; returns FALSE if one or more argument
is FALSE.
Syntax
AND(logical1,logical2, ...)
Logical1, logical2, ... are 1 to 255 conditions you want to test that can be either
TRUE or FALSE.
Example 1
A B
1 Formula Description (Result)
2 =AND(TRUE, TRUE) All arguments are TRUE (TRUE)
3 =AND(TRUE, FALSE) One argument is FALSE (FALSE)
4 =AND(2+2=4, 2+3=5) All arguments evaluate to TRUE (TRUE)
Example 2
A
1 Data
2 50
3 104
Formula Description (Result)
=AND(1<A2,A2<100) Because 50 is between 1 and 100
(TRUE)
=IF(AND(1<A3,A3<100),A3, "The Displays the second number above,
value is out of range.") if it is between 1 and 100,
otherwise displays a message (The
value is out of range.)
=IF(AND(1<A2,A2<100),A2, "The Displays the first number above, if it
value is out of range.") is between 1 and 100, otherwise
displays a message (50)
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 40
5.6 The FREQUENCY Function
Calculates how often values occur within a range of values, and then returns a
vertical array of numbers. For example, use FREQUENCY to count the number of
test scores that fall within ranges of scores. Because FREQUENCY returns an array, it
must be entered as an array formula.
Syntax: FREQUENCY(data_array,bins_array)
Data_array is an array of or reference to a set of values for which you want to count
frequencies. If data_array contains no values, FREQUENCY returns an array of zeros.
Bins_array is an array of or reference to intervals into which you want to group the
values in data_array. If bins_array contains no values, FREQUENCY returns the
number of elements in data_array.
Remarks
FREQUENCY is entered as an array formula after you select a range of
adjacent cells into which you want the returned distribution to appear.
The number of elements in the returned array is one more than the number
of elements in bins_array.
Example
A B
1 Scores Bins
2 79 70
3 85 79
4 78 89
5 85
6 50
7 81
8 95
9 88
10 97
Formula Description (Result)
=FREQUENCY(A2:A10,B2:B4) Number of scores less than or equal to 70 (1)
Number of scores in the bin 71-79 (2)
Number of scores in the bin 80-89 (4)
Number of scores greater than or equal to 90 (2)
NOTE The formula in the example must be entered as an array formula. After
copying the example to a blank worksheet, select the range A12:A15, press F2, and
then press CTRL+SHIFT+ENTER. If the formula is not entered as an array formula,
there will be only one result in cell A12 (1).
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 41
5.7 The TREND Function
Returns values along a linear trend. Fits a straight line (using the method of least
squares) to the arrays known_y's and known_x's. Returns the y-values along that
line for the array of new_x's that you specify.
Syntax
TREND(known_y's,known_x's,new_x's,const)
Known_x's is an optional set of x-values that you may already know in the
relationship y = mx + b.
The array known_x's can include one or more sets of variables. If only one
variable is used, known_y's and known_x's can be ranges of any shape, as long
as they have equal dimensions. If more than one variable is used, known_y's
must be a vector (that is, a range with a height of one row or a width of one
column).
If known_x's is omitted, it is assumed to be the array {1,2,3,...} that is the
same size as known_y's.
New_x's are new x-values for which you want TREND to return corresponding
y-values.
New_x's must include a column (or row) for each independent variable, just as
known_x's does. So, if known_y's is in a single column, known_x's and new_x's
must have the same number of columns. If known_y's is in a single row,
known_x's and new_x's must have the same number of rows.
If you omit new_x's, it is assumed to be the same as known_x's.
If you omit both known_x's and new_x's, they are assumed to be the array
{1,2,3,...} that is the same size as known_y's.
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 42
Remarks
You can use TREND for polynomial curve fitting by regressing against the same
variable raised to different powers. For example, suppose column A contains
y-values and column B contains x-values. You can enter x^2 in column C, x^3
in column D, and so on, and then regress columns B through D against column
A.
Formulas that return arrays must be entered as array formulas.
When entering an array constant for an argument such as known_x's, use
commas to separate values in the same row and semicolons to separate rows.
Example
A B C
1 Month Cost Formula (Corresponding Cost)
2 1 $133,890 =TREND(B2:B13,A2:A13)
3 2 $135,000
4 3 $135,790
5 4 $137,300
6 5 $138,130
7 6 $139,100
8 7 $139,900
9 8 $141,120
10 9 $141,890
11 10 $143,230
12 11 $144,000
13 12 $145,290
Month Formula (Predicted Cost)
13 =TREND(B2:B13,A2:A13,A15:A19)
14
15
16
17
NOTE The formula in the example must be entered as an array formula. After
copying the example to a blank worksheet, select the range C2:C13 or B15:B19
starting with the formula cell. Press F2, and then press CTRL+SHIFT+ENTER. If the
formula is not entered as an array formula, the single results are 133953.3333 and
146171.5152.
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 43
5.8 The ZTEST Function
Returns the one-tailed probability-value of a z-test. For a given hypothesized
population mean, μ0, ZTEST returns the probability that the sample mean would be
greater than the average of observations in the data set (array) — that is, the
observed sample mean.
To see how ZTEST can be used in a formula to compute a two-tailed probability
value, see "Remarks" below.
Syntax
ZTEST(array,μ0,sigma)
Array is the array or range of data against which to test μ0
μ0 is the value to test.
Sigma is the population (known) standard deviation. If omitted, the sample
standard deviation is used.
Remarks
If array is empty, ZTEST returns the #N/A error value.
ZTEST is calculated as follows when sigma is not omitted:
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 44
Example
A
1
Data
2
3
3
6
4
7
5
8
6
6
7
5
8
4
9
2
10
1
11
9
Formula Description (Result)
=ZTEST(A2:A11,4) One-tailed probability-value of a z-test for the data set
above, at the hypothesized population mean of 4
(0.090574)
=2 * MIN(ZTEST(A2:A11,4), 1 - Two-tailed probability-value of a z-test for the data set
ZTEST(A2:A11,4)) above, at the hypothesized population mean of 4
(0.181148)
=ZTEST(A2:A11,6) One-tailed probability-value of a z-test for the data set
above, at the hypothesized population mean of 6
(0.863043)
=2 * MIN(ZTEST(A2:A11,6), 1 - Two-tailed probability-value of a z-test for the data set
ZTEST(A2:A11,6)) above, at the hypothesized population mean of 6
(0.273913)
You have reached the end of Section 5. You can save and close your file.
NOTE: The Excel Functions discussed in Section 5 are only a few of the numerous Excel
Functions available in Microsoft Office 2007. More assistance and exposure can be
obtained through the Microsoft Excel Help (F1)
For Training and Software Installation, kindly contact our Chief Consultant:
Fmr. Director
Information and Communication Technology (ICT) Centre
Federal University of Technology, Owerri (FUTO)
MS-EXCEL LECTURE NOTES FOR OWERRI CBT HI-TECH, OWERRI NIGERIA Page 45