Excel Lesson 3 Using Formulas and Functions Microsoft Office 2010 Fundamentals 1 Story / Walls Objectives Excel Lesson 3 2 Enter formulas in a worksheet. Understand cell references. Copy formulas. Use functions. Review and edit formulas. Story / Walls MS Office 2010 Fundamentals Vocabulary Excel Lesson 3 3 absolute reference argument arithmetic operator Auto Fill comparison operators constants error value fill handle Story / Walls formula Functions mixed reference operator order of operations relative reference syntax MS Office 2010 Fundamentals Introduction Excel Lesson 3 4 The real power of a spreadsheet program such as Excel is its ability to perform simple and complex calculations on worksheet data. Using the commands located on the Formulas tab of the Ribbon, you can enter formulas to perform calculations or use predefined formulas, called functions. Story / Walls MS Office 2010 Fundamentals Entering Formulas Excel Lesson 3 5 A formula is a set of instructions used to perform calculations on values in a worksheet and must begin with the equal sign ( = ). An operator is a sign or symbol that indicates what calculation is to be performed. Arithmetic operators are used for addition, subtraction, multiplication, division, and exponentiation. Story / Walls MS Office 2010 Fundamentals Entering Formulas (continued) Excel Lesson 3 6 Constants are numbers entered directly into a formula that do not change. Cell references identify the cells containing the values you want to use in the formula. The results will automatically be updated if the values in those cells change. Comparison operators compare two values to obtain a logical value, either TRUE or FALSE. Story / Walls MS Office 2010 Fundamentals Entering Formulas (continued) The formula is displayed in the formula bar; the results are displayed in the cell. Excel Lesson 3 7 Story / Walls MS Office 2010 Fundamentals Entering Formulas (continued) Excel Lesson 3 8 The order of operations is a specific sequence used to calculate the value of a formula, from left to right: 1. Exponentiation ( ^ ) 2. Multiplication ( * ) or division ( / ) 3. Addition ( + ) or subtraction ( - ) To change the order of operations, use parentheses to group expressions. Story / Walls MS Office 2010 Fundamentals Understanding Cell References and Copying Formulas Excel Lesson 3 9 A relative reference means the reference to a cell changes in relation to the location of the formula. Story / Walls MS Office 2010 Fundamentals Understanding Cell References and Copying Formulas (continued) Excel Lesson 3 10 An absolute reference is a permanent reference to a cell and does not change in relation to the location of the formula. Story / Walls MS Office 2010 Fundamentals Understanding Cell References and Copying Formulas (continued) A mixed reference contains both relative and absolute cell references. Excel Lesson 3 11 Story / Walls MS Office 2010 Fundamentals Understanding Cell References and Copying Formulas (continued) Excel Lesson 3 12 Auto Fill is a feature that you can use to automatically fill in worksheet data in any direction. You can use it to copy data or formatting or quickly copy a formula by dragging the fill handle—a little black square in the lowerright corner of the selected cell. Story / Walls MS Office 2010 Fundamentals Using Functions Excel Lesson 3 13 Built-in formulas, called functions, enable you to perform complex calculations easily. A function must follow a set of established rules, called syntax, that specifies how the function must be entered. Most functions require an argument, which refers to the text, numbers, or cell references on which the function is to be performed. Story / Walls MS Office 2010 Fundamentals Using Functions (continued) Use the Sum function to quickly total a range without manually typing the formula. Excel Lesson 3 14 Story / Walls MS Office 2010 Fundamentals Using Functions (continued) Click the Sum button arrow to display a menu of the most common statistical functions. Excel Lesson 3 15 Story / Walls MS Office 2010 Fundamentals Using Functions (continued) Click the Insert Function button to open the Insert Function dialog box. Excel Lesson 3 16 Story / Walls MS Office 2010 Fundamentals Using Functions (continued) Excel Lesson 3 17 Once you select a function in the Insert Function dialog box or from the Ribbon, Excel opens the Function Arguments dialog box. Story / Walls MS Office 2010 Fundamentals Reviewing and Editing Formulas Excel Lesson 3 18 To display the formulas instead of the resulting values, click the Show Formulas button in the Formula Auditing group on the Formulas tab. Story / Walls MS Office 2010 Fundamentals Reviewing and Editing Formulas (continued) Excel Lesson 3 19 When you click the Error Checking button, Excel checks for common errors in your worksheet and displays the Error Checking dialog box. Story / Walls MS Office 2010 Fundamentals Reviewing and Editing Formulas (continued) Excel Lesson 3 20 Excel indicates when a formula results in an error by displaying an error value. A cell with an error displays a triangle in the upper-left corner. When you click the cell, an icon is displayed and you can point to it to display a ScreenTip describing the type of error. Story / Walls MS Office 2010 Fundamentals Excel Lesson 3 Summary 21 In this lesson, you learned: Ways to enter a formula. The different types of cell references. How to copy a formula. Functions are easy-to-use, predefined formulas that can be used to perform various calculations. Various ways to review and edit formulas. Story / Walls MS Office 2010 Fundamentals