Chapter 3: Formulas and Functions – Completing Modeling Tasks with a Single Formula

One of the first things that makes Excel more than a glorified electronic calculator is its use of functions and formulas. This feature allows Excel to combine a number of mathematical tasks—some of which can be quite complex—into a single function.

In this chapter, you will learn how to use formulas and will understand a selection of the most widely used functions.

The following topics will be covered in this chapter:

  • Understanding functions and formulas
  • Working with lookup functions
  • Utility functions
  • Pivot tables and charts
  • Pitfalls to avoid
  • New functions in Excel 365

Understanding functions and formulas

In order to enter either a formula or a function, ...

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