ADM 1370 Week 5: Excel Formulas & Functions
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Questions and Answers

What is a function in Excel?

  • A static number that cannot be changed
  • A cell reference in Excel
  • A random value generated by Excel
  • A named operation that returns a value (correct)
  • How are values passed to a function in Excel?

  • Through conditional statements
  • As cell references only
  • As literal values only
  • As parameters enclosed in brackets (correct)
  • What is the key difference between a value and a parameter in Excel functions?

  • Values refer to text while parameters refer to numbers
  • Values are static while parameters can change (correct)
  • Values are not used in functions, only parameters are
  • Parameters are defined within Excel, values are not
  • In Excel, what does the term 'Maximin' refer to?

    <p>A modeling approach to problem solving</p> Signup and view all the answers

    Which of the following best describes the purpose of using functions in Excel?

    <p>To automate repetitive tasks and perform calculations</p> Signup and view all the answers

    What is the purpose of Data Delivery functions in Excel?

    <p>Verifying data and delivering it from one point to another</p> Signup and view all the answers

    In Excel, which function is used to filter and deliver unique values from a list?

    <p>Filter Unique Values function</p> Signup and view all the answers

    Where are the compare values located in a lookup table?

    <p>In the first column or row</p> Signup and view all the answers

    Which parameter in VLOOKUP and HLOOKUP functions is optional?

    <p>Range_lookup</p> Signup and view all the answers

    What is the default assumption for the range_lookup parameter in VLOOKUP and HLOOKUP functions?

    <p>Closest match to the compare value</p> Signup and view all the answers

    What does setting the range_lookup parameter to FALSE in VLOOKUP and HLOOKUP functions indicate?

    <p>You want an exact match to the compare value</p> Signup and view all the answers

    What is the correct syntax for the AVERAGE function in Excel?

    <p>=AVERAGE(number1,number2,..)</p> Signup and view all the answers

    Which function in Excel calculates the Pearson correlation coefficient?

    <p>=PEARSON(number1,number2,..)</p> Signup and view all the answers

    What does the STDEV function do in Excel?

    <p>Calculates the standard deviation of a range of numbers</p> Signup and view all the answers

    Why is it recommended to keep formulas simple in Excel?

    <p>To improve readability and ease of understanding</p> Signup and view all the answers

    What is a good practice when using Excel functions?

    <p>Break formulas into smaller parts for better clarity</p> Signup and view all the answers

    Which Excel function should be used to find the maximum value in a range of cells?

    <p>=MAX(range)</p> Signup and view all the answers

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