CIS 150 Practice 07: Excel Chapter 2
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Questions and Answers

What formula should be entered in the selected cell to calculate the value of cell E9 times 3?

=E9*3

How can you display the value of cell B3 from the ByMonth sheet in cell B3 on the Summary sheet?

= and then click the ByMonth sheet tab, click cell B3

How do you edit the formula in cell B9 to update a reference to cell E2 and keep B8 constant?

=E2*$B$8

What formula would you enter to display the value of cell E3?

<p>=E3</p> Signup and view all the answers

How do you create named ranges for the data table B8:E11 using the labels in row 1?

<p>Click the Create from Selection button after selecting the top row.</p> Signup and view all the answers

What action should be taken if there is an error in cell D6?

<p>Click cell D6 and select Copy Formula from Above.</p> Signup and view all the answers

How can you display all formulas in the worksheet?

<p>Click the Show Formulas button on the Formulas tab.</p> Signup and view all the answers

What should you do to hide the formulas and display their values in the worksheet?

<p>Click the Show Formulas button on the Formulas tab to hide the formulas.</p> Signup and view all the answers

How do you show tracer arrows from cell B5 to its dependent cells?

<p>Click the Trace Dependents button on the Formulas tab.</p> Signup and view all the answers

What is the method for showing tracer arrows from precedent cells to cell B5?

<p>Click the Trace Precedents button on the Formulas tab.</p> Signup and view all the answers

How can you hide all of the dependency tracer arrows at once?

<p>Click the Remove Arrows button on the Formulas tab.</p> Signup and view all the answers

How do you calculate the average value of cells B4:D4 in cell E4?

<p>Select Average from the AutoSum button options.</p> Signup and view all the answers

What formula should you enter in cell F12 to count numbers in the Ordered column?

<p>Select COUNT from the More Functions menu and apply it to cells F2:F11.</p> Signup and view all the answers

How do you count the items in the Item column (C2:C11) in cell C12?

<p>Select COUNTA from the More Functions options.</p> Signup and view all the answers

What formula do you enter in cell G12 to count blank cells in the Received column?

<p>Select COUNTBLANK from the More Functions options.</p> Signup and view all the answers

How do you find the lowest percentage of items received in the order in cell H12?

<p>Select Min from the AutoSum options.</p> Signup and view all the answers

What action do you take to find the highest percentage of items received in the order in cell H12?

<p>Select Max from the AutoSum options.</p> Signup and view all the answers

How can you insert the current date in the selected cell without including the time?

<p>Click the TODAY option under the Date &amp; Time button.</p> Signup and view all the answers

What method do you use to insert the current date and time in the selected cell?

<p>Click the NOW option under the Date &amp; Time button.</p> Signup and view all the answers

How do you calculate monthly payments for a loan in cell B7 using cell references?

<p>Use a negative value for the Pv argument.</p> Signup and view all the answers

Study Notes

Excel Formulas and Functions

  • To calculate the value of cell E9 multiplied by 3, use the formula =E9*3 and press Enter.
  • To display the value from cell B3 on the ByMonth sheet in cell B3 of the Summary sheet, type = then select ByMonth sheet and click on cell B3, then press Enter.
  • For editing cell B9 to update references correctly, change the formula to =E2*$B$8 to make B8 constant while copying it down to B10:B12 using AutoFill.

Data Manipulation

  • To display the value of cell E3, simply enter the formula =E3 and press Enter.
  • Use the Create from Selection command to name ranges based on labels in row 1; click on the Formulas tab, select Create from Selection, ensure the Top row checkbox is checked, and click OK.

Error Correction

  • In case of an error in cell D6, click on the Smart Tag and choose "Copy Formula from Above" to accept Excel's fix suggestion.

Formula Display and Tracing

  • To show all formulas in the worksheet, navigate to the Formulas tab and click the Show Formulas button.
  • To hide formulas and display values, click the Show Formulas button again in the Formulas tab.
  • To display tracer arrows showing dependents of cell B5, click the Trace Dependents button in the Formulas tab.
  • Trace the precedents of cell B5 by selecting the Trace Precedents button in the same section.
  • To remove all dependency tracer arrows at once, click the Remove Arrows button in the Formulas tab.

Statistical Functions

  • To calculate the average of cells B4:D4, use the AutoSum button arrow on the Home tab and select Average before pressing Enter.
  • Count the numbers in the Ordered column (F2:F11) using the COUNT function: select the range and click OK.
  • Use COUNTA function to count items in the Item column (C2:C11) by selecting the range after choosing More Functions under Statistical.
  • To determine blank cells in the Received column (G2:G11), employ the COUNTBLANK function similarly.
  • Use the AutoSum arrow to find the minimum and maximum values in H2:H11 by selecting Min or Max in cell H12, then pressing Enter.

Date and Time Functions

  • Insert the current date without time using the TODAY function found in the Date & Time button under the Formulas tab.
  • For the current date and time, use the NOW function from the same Date & Time button.

Financial Functions

  • To calculate monthly loan payments in cell B7, incorporate cell references with a negative value for the Present Value (Pv) argument using the Financial button in the Formulas tab.

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Test your knowledge of Excel formulas with this quiz based on Chapter 2 of the CIS 150 course. Each flashcard presents practical tasks and definitions related to effective spreadsheet calculations. Perfect for mastering your Excel skills!

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