Excel Formulas: SUMIF and VLOOKUP

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Rakesh Chaubey
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What is the purpose of the SUMIF formula?

To sum values in a range based on a condition

What is the syntax for the VLOOKUP formula?

VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

What is the purpose of the INDEX-MATCH formula?

To return a value based on a lookup

What type of rule is used in Conditional Formatting?

All of the above

What is the purpose of the IFERROR formula?

To return a custom value if an error occurs

What is the syntax for the INDEX-MATCH formula?

INDEX(range, MATCH(lookup_value, lookup_array, [match_type]))

What is an example of a rule used in Conditional Formatting?

Format cells that are greater than a certain value

What is the purpose of the VLOOKUP formula?

To return a value based on a lookup

What is the purpose of the SUMIF formula?

To sum values in a range based on a condition

What is the syntax for the VLOOKUP formula?

VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

Study Notes

Excel Sheet Formulas

SUMIF Formula

  • Syntax: SUMIF(range, criteria, [sum_range])
  • Returns the sum of cells in [sum_range] that meet the specified criteria in range
  • Example: SUMIF(A1:A10, ">10", B1:B10) returns the sum of values in column B for cells in column A that are greater than 10

VLOOKUP Formula

  • Syntax: VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
  • Looks up the lookup_value in the first column of table_array and returns the value in the specified col_index_num column
  • Example: VLOOKUP(A2, B:C, 2, FALSE) returns the value in column C for the value in cell A2 found in column B

INDEX-MATCH Formula

  • Syntax: INDEX(range, MATCH(lookup_value, lookup_array, [match_type])
  • Looks up the lookup_value in lookup_array and returns the value at the same position in range
  • Example: INDEX(C:C, MATCH(A2, B:B, 0)) returns the value in column C for the value in cell A2 found in column B

Conditional Formatting

  • Allows formatting cells based on specific conditions or rules
  • Types of rules:
    • Format cells that contain specific values or formulas
    • Format cells that are greater than or less than a certain value
    • Format cells that contain specific text or dates
  • Example: Format cells in column A that are greater than 10 with a red fill color

IFERROR Formula

  • Syntax: IFERROR(cell, value_if_error)
  • Returns value_if_error if the cell contains an error, otherwise returns the value in the cell
  • Example: IFERROR(A1/B1, "Divide by zero error") returns "Divide by zero error" if the division results in an error, otherwise returns the result of the division

Excel Sheet Formulas

SUMIF Formula

  • The SUMIF formula syntax is SUMIF(range, criteria, [sum_range])
  • It returns the sum of cells in [sum_range] that meet the specified criteria in range
  • The criteria can be a specific value, a formula, or a reference to another cell

VLOOKUP Formula

  • The VLOOKUP formula syntax is VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
  • It looks up the lookup_value in the first column of table_array and returns the value in the specified col_index_num column
  • The range_lookup parameter can be set to TRUE or FALSE to specify an exact or approximate match

INDEX-MATCH Formula

  • The INDEX-MATCH formula syntax is INDEX(range, MATCH(lookup_value, lookup_array, [match_type])
  • It looks up the lookup_value in lookup_array and returns the value at the same position in range
  • The match_type parameter can be set to 1, 0, or -1 to specify an exact, exact or approximate, or exact match

Conditional Formatting

  • Conditional formatting allows formatting cells based on specific conditions or rules
  • Types of rules include formatting cells that contain specific values or formulas, formatting cells that are greater than or less than a certain value, and formatting cells that contain specific text or dates
  • Conditional formatting can be used to highlight important data, identify trends, and more

IFERROR Formula

  • The IFERROR formula syntax is IFERROR(cell, value_if_error)
  • It returns value_if_error if the cell contains an error, otherwise returns the value in the cell
  • The value_if_error parameter can be a specific value, a formula, or a reference to another cell

Learn about two essential Excel formulas: SUMIF and VLOOKUP. Understand their syntax, usage, and examples to improve your data analysis skills.

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