Microsoft Excel Formulas and Data Analysis

Study Notes

Formulas and Functions

Arithmetic Operators:
- + (addition)
- - (subtraction)
- * (multiplication)
- / (division)
- % (modulus)
Common Functions:
- SUM(range): returns the sum of a range of cells
- AVERAGE(range): returns the average of a range of cells
- COUNT(range): returns the count of cells in a range that contain numbers
- MAX(range) and MIN(range): returns the maximum and minimum values in a range
Logical Functions:
- IF(logical_test, [value_if_true], [value_if_false]): tests a condition and returns a value based on the result
- IFERROR(cell, value_if_error): returns a value if an error occurs in a cell
Text Functions:
- LEN(text): returns the length of a text string
- LOWER(text) and UPPER(text): converts text to lowercase and uppercase
- PROPER(text): converts text to proper case
Date and Time Functions:
- TODAY() and NOW(): returns the current date and time
- DATEDIF(start_date, end_date, unit): returns the difference between two dates in a specified unit (years, months, days)

Data Analysis

Data Visualization:
- Charts: column, line, pie, bar, and more
- Tables: pivot tables and conditional formatting
Data Manipulation:
- Sorting: sorting data in ascending or descending order
- Filtering: filtering data based on conditions
- Grouping: grouping data by categories
Data Analysis Tools:
- PivotTables: summarizing and analyzing large datasets
- Conditional Formatting: highlighting cells based on conditions
- What-If Analysis: analyzing scenarios and forecasting outcomes
Data Visualization Best Practices:
- Choose the right chart type for the data
- Use clear and concise labels
- Avoid 3D charts and excessive use of color

Description

Test your skills in using Microsoft Excel formulas and functions, including arithmetic operators, common functions, logical functions, text functions, and date and time functions. Also, evaluate your knowledge of data analysis tools and best practices for data visualization.