Excel, as an indispensable tool in the field of data analysis, greatly enhances data processing efficiency with its powerful function capabilities. Today, we will delve into SUMIF function's 7 typical ...

The figures are formatted in USD by default, but it’s easy to switch. Just select the cells (hold the Ctrl key to grab multiple at once) and expand the Number group on the Home tab. From there, choose ...

It creates a reusable function that takes three inputs: actual sales, sales quota, and a weighting factor. It returns a ...

Calculating age based on a birthday is a common task, whether for work, school, or personal records. Excel makes this easy with built-in formulas that can quickly determine a person’s age from their ...

If you are working with a large dataset, knowing its standard deviation is handy as it will let you know the variability in the given dataset. You get to see the ...

Calculating a weighted average in Excel is essential when you need to account for varying degrees of importance among data points. Unlike a simple average calculation that treats all values equally, a ...

Variance is a useful analytical tool when it comes to measuring data, and helps you to calculate the range of numbers in a set of data. This is handy for a multitude of reasons, from calculating ...

It can be beneficial in many situations to display the difference between two numbers as a percentage. Doing so helps to put a change into a more understandable format for the average reader. In this ...

Knowing how to calculate percentages in Excel can be useful for many reasons and can save you valuable time and energy in your business calculations. In this article, we will look at some ways of ...

Bonus depreciation is a tax incentive that allows businesses to deduct a significant portion of the cost of eligible assets in the year they are placed in service. It was established by the Internal ...

If you enable the auto-calculate option, Excel will automatically update the formulas when the values change. To see the calculated output instead of the formula, make sure the cell format is set to ...