Excel Formulas Question Answers
Excel Formulas Question Answers
SUM
● Formula: =SUM(range)
● Example: =SUM(A1:A10)
2. AVERAGE
● Formula: =AVERAGE(range)
● Example: =AVERAGE(A1:A10)
3. COUNT
● Formula: =COUNT(range)
● Example: =COUNT(A1:A10)
4. COUNTA
● Formula: =COUNTA(range)
● Example: =COUNTA(A1:A10)
5. MAX
● Formula: =MAX(range)
● Example: =MAX(A1:A10)
6. MIN
● Formula: =MIN(range)
● Example: =MIN(A1:A10)
● Use: Returns the smallest number in a range of cells.
7. MEDIAN
● Formula: =MEDIAN(range)
● Example: =MEDIAN(A1:A10)
8. STDEV.P
● Formula: =STDEV.P(range)
● Example: =STDEV.P(A1:A10)
9. STDEV.S
● Formula: =STDEV.S(range)
● Example: =STDEV.S(A1:A10)
10. VAR.P
● Formula: =VAR.P(range)
● Example: =VAR.P(A1:A10)
11. VAR.S
● Formula: =VAR.S(range)
● Example: =VAR.S(A1:A10)
12. IF
● Use: Performs a logical test and returns one value if true, and another value if
false.
13. SUMIF
14. COUNTIF
15. VLOOKUP
● Use: Looks for a value in the first column of a table and returns a value in the
same row from a specified column.
16. HLOOKUP
● Use: Looks for a value in the top row of a table and returns a value in the same
column from a specified row.
17. INDEX
● Example: =INDEX(A1:C10, 2, 3)
● Use: Returns the value of a cell in a specified row and column of a range.
18. MATCH
20. TEXT
21. LEFT
● Example: =LEFT(A1, 3)
22. RIGHT
● Example: =RIGHT(A1, 3)
23. MID
● Formula: =MID(text, start_num, num_chars)
● Example: =MID(A1, 2, 3)
● Use: Returns a specific number of characters from a text string, starting at the
position you specify.
24. LEN
● Formula: =LEN(text)
● Example: =LEN(A1)
25. TRIM
● Formula: =TRIM(text)
● Example: =TRIM(A1)
● Use: Removes all spaces from text except for single spaces between words.
26. SUBSTITUTE
27. TEXTJOIN
● Use: Combines text from multiple ranges and/or strings, and includes a
delimiter you specify.
28. ROUND
● Example: =ROUND(A1, 2)
● Use: Rounds a number to a specified number of digits.
29. RANK
● Use: Multiplies corresponding components in the given arrays, and returns the
sum of those products.
32. ARRAYFORMULA
● Formula: =ARRAYFORMULA(array_formula)
● The LEFT function returns the leftmost characters from a text value based on the
number of characters specified.
● The RIGHT function returns the rightmost characters from a text value based on the
number of characters specified.
● The MID function returns a specific number of characters from a text string, starting
at the position you specify.
These functions are useful for extracting specific parts of text data from larger strings.
15. What is the LEN function and when would you use it?
Answer: The LEN function returns the number of characters in a text string. It is used to
count the length of text entries, which can be useful for data validation, ensuring consistency,
or preparing data for further processing.
16. Describe the SUBSTITUTE function and give an example of its use.
Answer: The SUBSTITUTE function replaces existing text with new text in a text string. It
is useful for correcting or standardizing data. For example, if you need to replace all instances
of "old" with "new" in a text string, you can use this function to make the changes throughout
the data set efficiently.
17. How does the TEXTJOIN function enhance text concatenation in Excel?
Answer: The TEXTJOIN function combines text from multiple ranges and/or strings, and
includes a specified delimiter between each text value. It allows for more flexible and
readable concatenation, especially when dealing with large datasets or when a consistent
delimiter is needed.
18. What is the purpose of the ROUND function?
Answer: The ROUND function rounds a number to a specified number of digits. It is useful
for ensuring consistency in numerical data presentation, particularly when dealing with
financial data, statistics, or other precise measurements.
19. How can the RANK function be utilized in data analysis?
Answer: The RANK function returns the rank of a number within a list of numbers. It can be
used to determine the relative standing of values within a dataset, such as ranking sales
figures, scores, or other quantitative measures.
20. What are ARRAYFORMULA and SUMPRODUCT functions, and how do they
differ?
Answer:
25. What is the significance of using the STDEV.P and STDEV.S functions in data
analysis?
Answer: The STDEV.P function calculates the standard deviation based on the entire
population, which is useful when you have data for the entire population you are studying.
The STDEV.S function calculates the standard deviation based on a sample, which is used
when you have a subset of the population. These functions are significant for measuring the
dispersion or variability of data, which is crucial for statistical analysis and decision-making.