Excel Glossary1
This document is intended to introduce and illustrate some of the many advanced Excel
functions one might encounter in this course. Some of this material is original, and some
has been taken from the Excel online help resource.
$ (The "Dollar Sign")
The dollar sign is used to distinguish between relative and absolute column and row
references. You can save a lot of time when copying formulas from one cell to another if
you understand the dollar sign.
The difference between relative and absolute references
When you create a formula, references to cells or ranges are usually based on their
position relative to the cell that contains the formula. In the following example, cell B6
contains the formula =A5; Microsoft Excel finds the value one cell above and one cell to
the left of B6. This is known as a relative reference.
When you copy a formula that uses relative references, Excel automatically adjusts the
references in the pasted formula to refer to different cells relative to the position of the
formula. In the following example, the formula in cell B6, =A5, which is one cell above and
to the left of B6, has been copied to cell B7. Excel has adjusted the formula in cell B7 to
=A6, which refers to the cell that is one cell above and to the left of cell B7.
If you don't want Excel to adjust references when you copy a formula to a different cell,
use an absolute reference. For example, if your formula multiplies cell A5 with cell C1
(=A5*C1) and you copy the formula to another cell, Excel will adjust both references. You
can create an absolute reference to cell C1 by placing a dollar sign ($) before the parts of
the reference that do not change. To create an absolute reference to cell C1, for example,
add dollar signs to the formula as follows:
1
This is a work in progress. Please send suggested additions and/or improvements to the author.
=A5*$C$1
If you created a formula and want to change relative references to absolute (and vice
versa), select the cell that contains the formula. In the formula bar, select the reference you
want to change and then press F4. Each time you press F4, Excel toggles through the
combinations: absolute column and absolute row (for example, $C$1); relative column and
absolute row (C$1); absolute column and relative row ($C1); and relative column and
relative row (C1). For example, if you select the address $A$1 in a formula and press F4,
the reference becomes A$1. Press F4 again and the reference becomes $A1, and so on.
CONCATENATE
Joins several text strings into one text string.
Syntax: CONCATENATE (text1,text2,...)
Text1, text2, ... are 1 to 30 text items to be joined into a single text item. The text items can
be text strings, numbers, or single-cell references.
Example: From a list of user names, we can create an e-mail list:
1
2
3
4
5
6
7
8
9
10
11
A
User name
edm376
bmf352
sg1892
tys311
ldb366
wc677
wck327
tl408
jr1918
jsr366
B
E-mail
edm376@stern.nyu.edu
bmf352@stern.nyu.edu
sg1892@stern.nyu.edu
tys311@stern.nyu.edu
ldb366@stern.nyu.edu
wc677@stern.nyu.edu
wck327@stern.nyu.edu
tl408@stern.nyu.edu
jr1918@stern.nyu.edu
jsr366@stern.nyu.edu
C
D
E
F
G
=CONCATENATE(A2,"@stern.nyu.edu")
Counting Functions (COUNT, COUNTA, COUNTIF)
These three functions are all useful for counting things in different ways.
COUNT
This function counts the number of cells that contain numbers (and numbers within the
list of arguments). Use COUNT to get the number of entries in a number field in a range of
numbers.
Syntax: COUNT(value1,value2, ...)
Value1, value2, ... are 1 to 30 arguments that can contain or refer to a variety of different
types of data, but only numbers are counted. You can also select a range of cells.

Arguments that are numbers, dates, or text representations of numbers are counted;
arguments that are error values or text that cannot be translated into numbers are
ignored.
B60.2350
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Prof. Juran

If an argument is an array or reference, only numbers in that array or reference are
counted. Empty cells, logical values, text, or error values in the array or reference
are ignored. If you need to count logical values, text, or error values, use the
COUNTA function.
Examples:
COUNT(A1:A7) equals 3
COUNT(A4:A7) equals 2
Here is another example, using the roster from a Boy Scout troop. The COUNT function
only works on numeric cells, so we use the column with the ages of the troop members to
count how many members there are:
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
Name
Steve
Yuri
David
Andy
Dan
Blaine
Justin
Rob
Russell
Justin
Tristan
Marty
Jason
Joe
Philip
Evan
Scott
Ivan
John
Kevin
Robert
Brian
Zack
Jon
Adam
Sean
Matt
Neil
Lord
Kevin
David
Greg
Cliff
B60.2350
B
Address
72 Andover Dr.
1133 Nicholas Av.
110 Arlington Street
38 Devonshire Road
38 Devonshire Road
59 Village Road
59 Village Road
39 Jackson Drive
39 Jackson Dr
16 Crestwood Rd.
75 Peak Avenue
101 Captains Walk
73 Minuteman Dr.
73 Minuteman Dr.
61 Prospect Avenue
281 Burnt Plains Road
281 Burnt Plains Road
11 Riverview Terrace
41 Fairwood Ave
381 Ocean Avenue
57 Wilson Street
20 Judith Drive
275 Rock La
275 Rock Lane
50 Live Oaks Rd
14 Lafayette Street
110 Kings Highway
125 Seemans Lane #11
4 Villa Rosa Terr
23 Ellis St
660 Merwin Av
34 Elgin Road
34 Elgin Road
C
D
E
F
G
H
I
Age
11
14
Count
33
=COUNT(C2:C34)
11
11
14
11
11
15
14
17
11
16
13
11
11
11
14
12
11
12
11
15
11
13
12
11
11
11
16
17
12
13
12
3
Prof. Juran
COUNTA
Counts the number of cells that are not empty and the values within the list of arguments.
Use COUNTA to count the number of cells that contain data in a range or array.
Syntax: COUNTA(value1,value2, ...)
Value1, value2, ... are 1 to 30 arguments representing the values you want to count. In this
case, a value is any type of information, including empty text ("") but not including empty
cells. If an argument is an array or reference, empty cells within the array or reference are
ignored. If you do not need to count logical values, text, or error values, use the COUNT
function.
Examples:
COUNTA(A1:A7) equals 6
COUNTA(A4:A7) equals 4
COUNTA(A1:A7, 2) equals 7
COUNTA(A1:A7, "Two") equals 7
Here is the Boy Scout example, using COUNTA to count the members:
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
B60.2350
Name
Steve
Yuri
David
Andy
Dan
Blaine
Justin
Rob
Russell
Justin
Tristan
Marty
Jason
Joe
Philip
Evan
Scott
Ivan
John
Kevin
Robert
Brian
Zack
Jon
Adam
Sean
Matt
Neil
Lord
Kevin
David
Greg
Cliff
B
Address
72 Andover Dr.
1133 Nicholas Av.
110 Arlington Street
38 Devonshire Road
38 Devonshire Road
59 Village Road
59 Village Road
39 Jackson Drive
39 Jackson Dr
16 Crestwood Rd.
75 Peak Avenue
101 Captains Walk
73 Minuteman Dr.
73 Minuteman Dr.
61 Prospect Avenue
281 Burnt Plains Road
281 Burnt Plains Road
11 Riverview Terrace
41 Fairwood Ave
381 Ocean Avenue
57 Wilson Street
20 Judith Drive
275 Rock La
275 Rock Lane
50 Live Oaks Rd
14 Lafayette Street
110 Kings Highway
125 Seemans Lane #11
4 Villa Rosa Terr
23 Ellis St
660 Merwin Av
34 Elgin Road
34 Elgin Road
C
D
E
F
G
H
I
Age
11
14
11
Counta
33
=COUNTA(A2:A34)
11
14
11
11
15
14
17
11
16
13
11
11
11
14
12
11
12
11
15
11
13
12
11
11
11
16
17
12
13
12
4
Prof. Juran
COUNTIF
Counts the number of cells within a range that meet the given criteria.
Syntax: COUNTIF(range,criteria)
Range is the range of cells from which you want to count cells.
Criteria is the criteria in the form of a number, expression, or text that defines which cells
will be counted. For example, criteria can be expressed as 32, "32", ">32", "apples".
Note: Excel provides additional functions that can be used to analyze your data based on a
condition. For example, to calculate a sum based on a string of text or a number within a
range, use the SUMIF worksheet function. To have a formula return one of two values
based on a condition, such as a sales bonus based on a specified sales amount, use the IF
worksheet function.
Examples:
3
4
5
6
A
Apples
Oranges
Peaches
Apples
B
32
54
75
86
COUNTIF(A3:A6,"apples") equals 2
COUNTIF(B3:B6,">55") equals 2
Here’s the Boy Scout troop again, using COUNTIF to count the number of members who
are 12 years old:
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
B60.2350
Name
Steve
Yuri
David
Andy
Dan
Blaine
Justin
Rob
Russell
Justin
Tristan
Marty
Jason
Joe
Philip
Evan
Scott
Ivan
John
Kevin
Robert
Brian
Zack
Jon
Adam
Sean
Matt
Neil
Lord
Kevin
David
Greg
Cliff
B
Address
72 Andover Dr.
1133 Nicholas Av.
110 Arlington Street
38 Devonshire Road
38 Devonshire Road
59 Village Road
59 Village Road
39 Jackson Drive
39 Jackson Dr
16 Crestwood Rd.
75 Peak Avenue
101 Captains Walk
73 Minuteman Dr.
73 Minuteman Dr.
61 Prospect Avenue
281 Burnt Plains Road
281 Burnt Plains Road
11 Riverview Terrace
41 Fairwood Ave
381 Ocean Avenue
57 Wilson Street
20 Judith Drive
275 Rock La
275 Rock Lane
50 Live Oaks Rd
14 Lafayette Street
110 Kings Highway
125 Seemans Lane #11
4 Villa Rosa Terr
23 Ellis St
660 Merwin Av
34 Elgin Road
34 Elgin Road
C
D
E
F
G
H
I
Age
11
14
11
11
Countif
5
=COUNTIF(C2:C34,12)
14
11
11
15
14
17
11
16
13
11
11
11
14
12
11
12
11
15
11
13
12
11
11
11
16
17
12
13
12
5
Prof. Juran
EXP
Returns e raised to the power of number. The constant e equals 2.71828182845904, the base
of the natural logarithms. e is used frequently in the physical sciences, and is found in
business applications such as the Poisson distribution (used in Operations Management
process models) and the Black-Scholes formula (used in Finance to calculate option prices).
Syntax: EXP(number)
Number is the exponent applied to the base e.
To calculate powers of other bases, use the exponentiation operator (^).
EXP is the inverse of LN, the natural logarithm of number.
EXP(1) equals 2.718282 (the approximate value of e)
EXP(2) equals e2, or 7.389056
EXP(LN(3)) equals 3
HLOOKUP
HLOOKUP searches for a value in the top row of a table or an array of values, and then
returns a value in the same column from a row you specify in the table or array. Use
HLOOKUP when your comparison values are located in a row across the top of a table of
data, and you want to look down a specified number of rows. Use VLOOKUP when your
comparison values are located in a column to the left of the data you want to find.
Syntax
HLOOKUP(lookup_value, table_array, row_index_num, range_lookup)
Lookup_value is the value to be found in the first row of the table. Lookup_value can be a
value, a reference, or a text string.
Table_array is a table of information in which data is looked up. Use a reference to a range
or a range name. The values in the first row of table_array can be text, numbers, or logical
values.
If range_lookup is TRUE, the values in the first row of table_array must be placed in
ascending order: ...-2, -1, 0, 1, 2,... , A-Z, FALSE, TRUE; otherwise, HLOOKUP may not
give the correct value. If range_lookup is FALSE, table_array does not need to be sorted.
(Juran recommends using FALSE.)
Row_index_num is the row number in table_array from which the matching value will be
returned. A row_index_num of 1 returns the first row value in table_array, a
row_index_num of 2 returns the second row value in table_array, and so on.
Range_lookup is a logical value that specifies whether you want HLOOKUP to find an exact
match or an approximate match. If TRUE or omitted, an approximate match is returned. In
other words, if an exact match is not found, the next largest value that is less than
lookup_value is returned. If FALSE, HLOOKUP will find an exact match. If one is not
found, the error value #N/A is returned.
B60.2350
6
Prof. Juran
Example: Consider the following table:
1
2
3
4
A
Axles
4
5
6
B
Bearings
4
7
8
C
Bolts
9
10
11
=HLOOKUP("Axles", A1:C4,2,TRUE) equals 4
=HLOOKUP("Bearings",A1:C4,3,FALSE) equals 7
=HLOOKUP("Bearings",A1:C4,3,TRUE) equals 7
=HLOOKUP("Bolts",A1:C4,4,) equals 11
IF
The IF worksheet function checks a condition that must be either true or false. If the
condition is true, the function returns one value; if the condition is false, the function
returns another value. The function has three arguments: the condition you want to check,
the value to return if the condition is true, and the value to return if the condition is false.
=IF(logical_test, value_if_true, value_if_false)
Example: In this illustration, we use “nested” IF statements to determine students’ grades,
based on their examination scores.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
A
B
Pam
William
Amelia
Albert
Mark
Christopher
Holly
Jeane
Bart
James
Anderson
Basie
Earhart
Einstein
Fydrich
Guest
Jackson
Kirkpatrick
Simpson
Traficant
B60.2350
C
Exam Score
4
88
76
73
79
85
100
82
67
94
D
Grade
C
B
C
C
C
B
A
B
C
A
Cutoff for A
Cutoff for B
90
80
E
F
G
H
I
=IF(C2>$D$13,"A",IF(C2>$D$14,"B","C"))
7
Prof. Juran
LN
Returns the natural logarithm of a number. Natural logarithms are based on the constant e
(approximately 2.71828182845904).
Syntax: LN(number)
Number is the positive real number for which you want the natural logarithm.
LN is the inverse of the EXP function.
=LN(86) equals 4.454347
=LN(2.7182818) equals 1
=LN(EXP(3)) equals 3
=EXP(LN(4)) equals 4
MAX
Returns the largest value in a set of values.
Syntax: MAX(number1,number2,...) or MAX(range)
Example: If A1:A5 contains the numbers 10, 7, 9, 27, and 2, then:
MAX(A1:A5) equals 27
MAX(A1:A5,30) equals 30
B60.2350
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Prof. Juran
MMULT
(Matrix Multiplication)
Definition
For matrices A and B,
a 11
a
21
A
 
a
 r1
a 12  a 1c 
b11
b
a 22  a 2 c 
 and B   21
 

 
b

a r 2  a rc 
 i1
 a11b11  a12 b21    a1c bi 1
a b  a b    a b
21 11
22 21
2c i1
AB  


a b  a b  a b
rc i 1
 r 1 11 r 2 21
b12  b1 j 
b22  b2 j 


 
bi 2  bij 
a 11b12  a12 b22    a1c bi 2  a11b1 j  a12 b2 j    a1c bij 
a 21b12  a 22 b22    a 2 c bi 2  a 21b1 j  a 22 b2 j    a 2 c bij 




a r 1b12  a r 2 b22    a rc bi 2  a r 1b1 j  a r 2 b2 j    a rc bij 
Notes:
It is conventional to describe the shape of a matrix by listing the number of rows first, and
the number of columns second. Matrix A above is an r x c matrix, and matrix B is an i x j
matrix.
In this operation, it is necessary for c = i. However it is not necessary for r = j. In other
words, B must have the same number of rows as A has columns, but it is not necessary for
B to have the same number of columns as A has rows.
The product AB will always be an r x j matrix.
Example
1 3
0 1 
A   4 1 and B  

5 2 
0 2 
AB
 1 * 0  3 * 5 = 1 * 1 + 3 * 2
 = 4 * 0 + 1 * 5  4 * 1  1 * 2 
= 0 * 0 + 2 * 5  0 * 1  2 * 2 
15 7 
  5 6 
10 4 
MMULT is one of a set of Excel functions that perform operations from matrix algebra.
These so-called “array” functions are difficult to master, but can save a lot of time once
B60.2350
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Prof. Juran
you get good at them. One of the tricks is that these functions get entered not into a single
cell, but into a selected range of cells. Also, you don’t enter these formulas by pressing
“enter”; you need to press “shift” + ”control” + ”enter”. If you do it correctly, you will see
curly brackets appear around the formula.
Example:
A
24
1
25
4
26
0
27
28 mmult
29
15
30
5
31
10
B
C
D
E
3
1
2
F
0
5
1
2
=MMULT(A24:B26,E24:F25)
7
6
4
We will find this useful in some situations, such as calculating the risk of a stock portfolio.
NORMSDIST
Returns the standard normal cumulative distribution function. The distribution has a
mean of 0 (zero) and a standard deviation of one. Use this function in place of a table of
standard normal curve areas.
Syntax: NORMSDIST(z)
Z is the value for which you want the distribution, Excel returns the probability (area
under the normal curve) to the left of your Z.
A
1 Z values
2
-1.96
3
-1
4
0
5
1.645
B60.2350
B
C
0.0250
0.1587
0.5000
0.9500
10
D
E
=NORMSDIST(A2)
=NORMSDIST(A3)
=NORMSDIST(A4)
=NORMSDIST(A5)
Prof. Juran
PV
Returns the present value of a stream of cash flows. The present value is the total amount
that a series of future payments is worth now. For example, when you borrow money, the
loan amount is the present value to the lender.
Syntax: PV(rate, nper, pmt, fv, type)
Rate is the interest rate per period. For example, if you obtain an automobile loan at a 10
percent annual interest rate and make monthly payments, your interest rate per month is
10%/12, or 0.83%. You would enter 10%/12, or 0.83%, or 0.0083, into the formula as the
rate.
Nper is the total number of payment periods in an annuity. For example, if you get a fouryear car loan and make monthly payments, your loan has 4*12 (or 48) periods. You would
enter 48 into the formula for nper.
Pmt is the payment made each period and cannot change over the life of the annuity.
Typically, pmt includes principal and interest but no other fees or taxes. For example, the
monthly payments on a $10,000, four-year car loan at 12 percent are $263.33. You would
enter -263.33 into the formula as the pmt. If pmt is omitted, you must include the fv
argument.
Fv is the future value, or a cash balance you want to attain after the last payment is made.
If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). For
example, if you want to save $50,000 to pay for a special project in 18 years, then $50,000 is
the future value. You could then make a conservative guess at an interest rate and
determine how much you must save each month. If fv is omitted, you must include the
pmt argument.
Type is the number 0 or 1 and indicates when payments are due (0 at the end of the
period; 1 at the beginning of the period).
Example: Suppose you're thinking of buying an insurance annuity that pays $500 at the
end of every month for the next 20 years. The cost of the annuity is $60,000, and the money
paid out will earn 8 percent. You want to determine whether this would be a good
investment. Using the PV function, you find that the present value of the annuity is:
PV(0.08/12, 12*20, 500, , 0) equals -$59,777.15
The result is negative because it represents money that you would pay, an outgoing cash
flow. The present value of the annuity ($59,777.15) is less than what you are asked to pay
($60,000). Therefore, you determine this would not be a good investment.
B60.2350
11
Prof. Juran
SQRT
Returns a positive square root.
Syntax: SQRT(number)
Number is the number for which you want the square root. If number is negative, SQRT
returns the #NUM! error value.
SQRT(16) equals 4
SQRT(-16) equals #NUM!
SQRT(ABS(-16)) equals 4
SUMIF
Adds the cells specified by a given criteria.
Syntax: SUMIF(range, criteria, sum_range)
Range is the range of cells you want evaluated.
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", "apples".
Sum_range are the actual cells to sum. The cells in sum_range are summed only if their
corresponding cells in range match the criteria. If sum_range is omitted, the cells in range
are summed.
Microsoft Excel provides additional functions that can be used to analyze your data based
on a condition. For example, to count the number of occurrences of a string of text or a
number within a range of cells, use the COUNTIF function. To have a formula return one
of two values based on a condition, such as a sales bonus based on a specified sales
amount, use the IF worksheet function.
Example: Here we use the SUMIF function to calculate total sales for each of four
salespeople:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
A
B
C
Order #
Revenue
Salesperson
7002-3556 $ 91,919
Vishal
7002-3557 $ 23,967
Mike
7002-3558 $257,641
Carmen
7002-3559 $ 86,196
Harry
7002-3560 $134,663
Vishal
7002-3561 $ 78,266
Vishal
7002-3562 $102,697
Harry
7002-3563 $ 80,447
Vishal
7002-3564 $ 74,446
Vishal
7002-3565 $125,529
Carmen
7002-3566 $104,885
Harry
7002-3567 $ 95,316
Carmen
7002-3568 $ 93,995
Mike
7002-3569 $ 63,062
Mike
7002-3570 $ 84,530
Harry
7002-3571 $ 21,900
Mike
7002-3572 $ 56,328
Harry
7002-3573 $ 88,642
Mike
7002-3574 $ 66,191
Carmen
7002-3575 $ 92,690
Carmen
B60.2350
D
E
F
Carmen
Harry
Mike
Vishal
12
$
$
$
$
637,367
434,636
291,566
459,741
G
H
I
J
=SUMIF($C$2:$C$21,E4,$B$2:$B$21)
=SUMIF($C$2:$C$21,E5,$B$2:$B$21)
=SUMIF($C$2:$C$21,E6,$B$2:$B$21)
=SUMIF($C$2:$C$21,E7,$B$2:$B$21)
Prof. Juran
SUMPRODUCT
Sumproduct multiplies corresponding components in the given arrays, and returns the
sum of those products.
Syntax: SUMPRODUCT(array1,array2,array3, ...)
Array1, array2, array3, ... are 2 to 30 arrays whose components you want to multiply and
then add.
The array arguments must have the same dimensions. If they do not, SUMPRODUCT
returns the #VALUE! error value.
SUMPRODUCT treats array entries that are not numeric as if they were zeros.
Example:
The following formula multiplies all the components of the two arrays on the preceding
worksheet and then adds the products — that is, 3*2 + 4*7 + 8*6 + 6*7 + 1*5 + 9*3.
=SUMPRODUCT(A1:B3,D1:E3) = 156.
TRANSPOSE
Another one of the “array” functions. TRANSPOSE returns a vertical range of cells as a
horizontal range, or vice versa. TRANSPOSE must be entered as an array formula in a
range that has the same number of rows and columns, respectively, as array has columns
and rows. Use TRANSPOSE to shift the vertical and horizontal orientation of an array on a
worksheet.
Syntax: TRANSPOSE(array)
Array is an array or range of cells on a worksheet that you want to transpose. The
transpose of an array is created by using the first row of the array as the first column of the
new array, the second row of the array as the second column of the new array, and so on.
Example: Suppose A1:C1 contain 1, 2, 3, respectively. When the following formula is
entered as an array into cells A3:A5:
TRANSPOSE($A$1:$C$1) equals the same respective values in A3:A5.
B60.2350
13
Prof. Juran
VLOOKUP
Searches for a value in the leftmost column of a table, and then returns a value in the same
row from a column you specify in the table. Use VLOOKUP instead of HLOOKUP when
your comparison values are located in a column to the left of the data you want to find.
Syntax: VLOOKUP(lookup_value, table_array, col_index_num, range_lookup)
Lookup_value is the value to be found in the first column of the array. Lookup_value can be
a value, a reference, or a text string.
Table_array is the table of information in which data is looked up. Use a reference to a
range or a range name.
If range_lookup is TRUE, the values in the first column of table_array must be placed in
ascending order: ..., -2, -1, 0, 1, 2, ..., A-Z, FALSE, TRUE; otherwise VLOOKUP may not
give the correct value. If range_lookup is FALSE, table_array does not need to be sorted.
(Juran recommends using the FALSE option here.) The values in the first column of
table_array can be text, numbers, or logical values.
Col_index_num is the column number in table_array from which the matching value must
be returned. A col_index_num of 1 returns the value in the first column in table_array; a
col_index_num of 2 returns the value in the second column in table_array, and so on. If
col_index_num is less than 1, VLOOKUP returns the #VALUE! error value; if
col_index_num is greater than the number of columns in table_array, VLOOKUP returns
the #REF! error value.
Range_lookup is a logical value that specifies whether you want VLOOKUP to find an exact
match or an approximate match. If TRUE or omitted, an approximate match is returned. In
other words, if an exact match is not found, the next largest value that is less than
lookup_value is returned. If FALSE, VLOOKUP will find an exact match. If one is not
found, the error value #N/A is returned.
B60.2350
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Prof. Juran
Example: Here we can type the name of a school in cell A2 and VLOOKUP will tell us how
much tuition the school charges.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
A
School
NYU
School
Stanford
Harvard
Penn
MIT
Northwestern
Duke
Chicago
Columbia
Dartmouth
Berkeley
Michigan
Virginia
NYU
Yale
UCLA
Cornell
North Carolina
Carnegie-Mellon
Texas
USC
Indiana
Emory
Rochester
Georgetown
Michigan State
Ohio State
Minnesota
B60.2350
$
B
Cost
31,746
Accept %
8.8%
11.6%
15.5%
18.1%
16.6%
20.1%
28.4%
13.5%
18.8%
14.5%
19.6%
16.6%
22.3%
20.0%
17.4%
25.8%
23.8%
28.2%
30.0%
29.0%
24.7%
31.5%
32.7%
20.8%
22.3%
29.0%
34.4%
C
D
E
F
G
H
I
J
=VLOOKUP(A2,A5:J31,6,0)
Enroll %
78.4%
87.3%
70.2%
69.9%
61.8%
52.8%
59.7%
68.7%
53.3%
50.3%
58.5%
51.0%
48.2%
56.7%
48.5%
51.2%
44.2%
60.1%
52.4%
43.4%
49.8%
46.7%
42.2%
46.2%
55.0%
41.4%
40.6%
GMAT
718
703
703
703
700
690
695
705
690
688
676
681
689
686
691
669
674
652
680
670
651
651
637
662
641
645
645
GPA
3.58
3.58
3.57
3.50
3.45
3.43
3.33
3.40
3.40
3.43
3.34
3.40
3.40
3.50
3.60
3.32
3.30
3.25
3.34
3.30
3.35
3.30
3.33
3.35
3.36
3.38
3.33
15
Cost
$ 31,002
$ 30,050
$ 31,218
$ 31,200
$ 30,255
$ 30,323
$ 30,596
$ 31,912
$ 30,250
$ 21,242
$ 30,686
$ 27,283
$ 31,746
$ 29,055
$ 22,490
$ 30,455
$ 25,525
$ 28,452
$ 21,200
$ 30,082
$ 20,696
$ 28,012
$ 28,620
$ 28,440
$ 16,955
$ 22,151
$ 20,352
Minority pct Non-U.S. pct Female %
24.6%
30.9%
38.7%
18.6%
37.2%
34.2%
19.0%
43.1%
29.3%
19.0%
35.5%
26.5%
17.5%
30.8%
27.5%
20.6%
32.7%
34.8%
18.2%
33.2%
23.6%
19.3%
26.5%
36.5%
17.2%
29.9%
27.6%
19.4%
30.2%
30.4%
20.5%
31.2%
27.6%
15.1%
30.1%
29.1%
19.0%
30.2%
34.1%
17.3%
38.9%
27.5%
21.6%
24.0%
28.6%
22.6%
25.6%
27.1%
16.2%
30.4%
30.6%
21.3%
38.3%
26.8%
12.3%
26.7%
22.7%
32.3%
23.8%
28.7%
14.3%
34.5%
20.7%
10.7%
29.9%
23.4%
10.3%
54.2%
25.2%
10.8%
38.7%
28.1%
13.6%
37.9%
25.2%
15.5%
29.2%
36.7%
8.6%
29.1%
27.9%
Salary
$ 124,740
$ 121,979
$ 121,200
$ 118,381
$ 114,664
$ 115,444
$ 115,331
$ 117,989
$ 121,692
$ 111,321
$ 117,498
$ 112,706
$ 112,900
$ 112,514
$ 103,364
$ 116,588
$ 109,420
$ 111,211
$ 106,859
$ 95,213
$ 99,732
$ 104,417
$ 103,466
$ 99,528
$ 88,746
$ 99,598
$ 91,140
Prof. Juran