Key Takeaway: LOGNORM.DIST is an Excel formula used to calculate the cumulative distribution or probability density of a lognormal distribution. LOGNORM.DIST formula is commonly utilized in finance and statistics to model and analyze data distributions, such as stock prices, interest rates, and healthcare costs. The syntax and arguments of the LOGNORM.DIST formula involve mean and…
Key Takeaway: Using Excel Match Destination Formatting shortcuts helps to save time and effort by quickly applying formatting options to cells, rows, and columns. A variety of shortcuts exist, providing users with flexible means of formatting data. The top 5 Excel Match Destination Formatting shortcuts include the Paste Special Function, Format Painter Tool, Fill Handle…
Key Takeaway: Displaying messages for automatic data changes is a useful tool in Excel. This allows users to be notified when data has been modified without having to manually check for updates. To enable the worksheet change event, users must first access the Visual Basic editor. From there, they can create a macro to activate…
Key Takeaway: Deriving an absolute value in a macro using the ABS function in VBA and creating a custom macro can save time and effort, as well as minimize errors over manual entry. Using a macro to derive absolute values is especially useful when dealing with larger data sets or repeated tasks. It is important…
Key Takeaway: Defining range names in Excel can help simplify and organize your data, but it’s important to understand how to use the same range name on different worksheets without causing conflicts or referencing errors. When using the same range name on multiple worksheets, it’s crucial to ensure that each range is correctly defined and…
Key Takeaway: The Autofit Excel Shortcut maximizes space and saves time: With Autofit, Excel columns and rows are adjusted automatically to fit the content, making it easier to view and analyze data. This feature eliminates the need for manual resizing, saving time and effort for users. How to use Autofit? Autofitting columns and rows is…
Key Takeaway: Sorting data in Excel allows you to organize and analyze information quickly and efficiently. By ignoring selected words in sorting, you can focus on the most important information and avoid unnecessary data clutter. To ignore specific words in sorting, select the column you want to sort, choose “Sort A to Z” or “Sort…
Key Takeaway: Clearing filters in Excel is an important step to maintain accuracy and consistency in data analysis. Shortcuts to clear filters in Excel can save time and increase efficiency, including using the shortcut to clear all filters, clearing filters on selected columns, and using keyboard shortcuts. Additional tips and tricks for efficiently clearing filters…
Key Takeaway: Knowing Excel shortcuts can save time and increase productivity, particularly when selecting a range of cells. There are a variety of shortcuts for selecting cells, rows, columns, non-adjacent ranges, cells with specific content, formatting, and errors, and cells based on name, date, time, and comments. Using the Shift key can help select a…
Key Takeaway: Excel formulae are essential for performing calculations and analysis on large amounts of data. By understanding how to use basic and advanced formulae, users can create powerful spreadsheets that can save time and increase productivity. Basic Excel formulae such as the SUM, AVERAGE, and COUNT functions are simple yet powerful tools that can…
