Key Takeaway: Custom add-ins in Excel are a powerful way to streamline and automate repetitive tasks in your workbooks, as well as to add new functionality that isn’t available in the program by default. Using custom add-ins can help you save time, minimize errors, and increase productivity by allowing you to perform complex calculations, create…
Key Takeaway: Reference Shortcuts in Excel can save valuable time when working with formulas. Using keyboard shortcuts, such as F4, can quickly switch between absolute and relative referencing. The Name Manager in Excel allows users to create and edit references for cells, making it easier to keep track of formula inputs and outputs. Named ranges…
Key Takeaway: Excel offers versatile methods to count dates in a range, including using COUNTIF, COUNTIFS, MONTH, and YEAR functions. To count dates in a range, select the range of dates and use the COUNTIF function by inputting the date criteria to count desired dates. For more specific conditions, use the COUNTIFS function by selecting…
Key Takeaway: The CUBEKPIMEMBER Excel function enables easy access to multidimensional data within a cube, allowing for more efficient data analysis and reporting compared to traditional Excel formulas. Understanding the syntax of the CUBEKPIMEMBER function is key to utilizing its full potential, including using the function with different types of arguments and filters. The benefits…
Key Takeaway: Understanding Excel macros: Before starting with macros in Excel, it’s important to have a basic understanding of what they are and how they work. Macros are a series of commands and instructions that can automate repetitive tasks in Excel. They can be created using VBA (Visual Basic for Applications) programming language. Storing a…
Key Takeaway: Calculating a geometric standard deviation in Excel is important for data analysis in certain fields where data follows a log-normal distribution. To calculate the geometric standard deviation in Excel, first set up the data and calculate the geometric mean using the GEOMEAN function. Then, calculate the geometric standard deviation using the formula: STDEVP(X1:Xn)=(EXP(STDEV(ln(X1)),…,ln(Xn)))…
Key Takeaway: Setting up Excel for AutoComplete: Before using AutoComplete in Excel, it is important to ensure that it is enabled in the settings. This can be done by going to the File tab, selecting Options, and then clicking on the Advanced tab. From there, check the box next to “Enable AutoComplete for cell values”…
Key Takeaways: Excel formulae are a powerful tool for performing calculations and analysis in spreadsheets. With a basic understanding of formula syntax, users can create complex calculations and automate data processing. Common Excel formulae include SUM, IF, AVERAGE, and COUNT. These functions allow users to perform basic arithmetic, comparison, and counting operations on datasets with…
Key Takeaway: Text boxes in Excel are a useful tool for annotating charts and adding information that may not be immediately obvious from the data. They can be used to clarify complex data or add context to a chart. To add a text box to a chart in Excel, go to the Insert tab and…
Key Takeaways: Excel shortcut for strikethrough: Use the keyboard shortcut Ctrl + 5 to apply strikethrough formatting to selected cells in just 2 seconds. Benefits of using the Excel shortcut for strikethrough: Saves time and effort while improving the presentation of data. Additional tips for using Excel shortcuts include customizing keyboard shortcuts and learning other…