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Power Of Calculations
For
Excel 2010 Power of Calculations For The Haas School, UC Berkeley Dash Designs Consulting
Microsoft Excel 2010 Power of Calculations For The Haas School of Business, University of California
Revised: August 7, 2011
2011, Dash Designs Consulting, Jerry Maletsky San Rafael, CA 94903 email: jerry@dashdesignsconsulting.com web site: www.dashdesignsconsulting.com fax (415) 491-1490
Dash Designs Consulting gives permission to the Haas School of Business of the University of California at Berkeley to reprint this training manual for internal use only. No re-sale of this material or renunciation of copyrights are granted by this author.
Any mention or use of Microsoft, University of California, or any third party products is hereby acknowledged by Dash Designs Consulting to be for the sole purpose of editorial and educational use of this training manual and for the benefit of the mentioned
Excel 2010 Power of Calculations For The Haas School, UC Berkeley Dash Designs Consulting
Insert Function Dialog Box ............ 18 Creating Absolute References ........ 20 Named Ranges In Formulas ........... 22 Calculating Across Worksheets ....... 26 AutoCalculate Feature .................. 28 Checking Errors in Calculations ...... 29 Formula Auditing Tools ................. 30
Reference Workbook: UC Excel 2010-Calculations Workbook.xlsx
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Calculation Fundamentals
Reference Worksheet: Regional Sales
Excel 2010 Power of Calculations For The Haas School of Business, UC Berkeley - Dash Designs Consulting
Calculation Fundamentals
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1
Mathematical Outcome
Addition Subtraction Multiplication Division Separates the order of mathematical operations. Calculations in parentheses are performed separately. Converts numbers into percent (i.e., 5.7%) Used for Exponentiation. (i.e., 10^3 which is 10*10*10).
(Percent)
^ (Caret)
Examples of Simple Calculations =A7+B12 =A7-D6 =A7*J5 =H12/M34 =(A5+B7)*D6 Adds value in cell A7 to value in cell B12 Subtracts value in cell D6 from value in cell A7 Multiplies value in cell A7 times value in cell J5 Divides value in cell H12 into value in cell M34 Adds value in cell A5 to value in B7 and takes that result and multiplies it times value in cell D6
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Min Max
Count StDev
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Steps: Click into the blank cell in which the result is to appear Click the AutoSum menu and select the appropriate function Verify that the correct cell range has been selected or select the
correct cell range with your mouse
on the
Note: In Office 2010, some command buttons consists of two parts. One part (the top half) executes the default option (in this case, Sum) the bottom half displays a list of more options (in this case, the core functions)
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If you want to include text as part of your count, use the STDEVA function. Cells with text in are counted as well as cells containing numbers. Note: Even if Excel does not select the correct cell range, you can simply replace the incorrect range with the correct cells by selecting the appropriate cells with your mouse and then clicking the checkmark (see steps on previous page) on the Formula Bar or by pressing Enter.
See Page 18 for instructions on finding other functions not listed in the AutoSum button.
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Description Returns the average of the labels and values in cell range Returns the highest value in cell range Returns the lowest value in cell range Returns the number of cells in range (not blank) Estimates standard deviation based on a sample.
Even if Excel does not select the correct cell range, you can simply replace the incorrect range with the correct cells by selecting the appropriate cells with your mouse and then clicking the checkmark (see below) on the Formula Bar or by pressing Enter.
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Median Function
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Mode Function
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Select the All category (if necessary) Click into the main list of functions Type the first few letters of the function
name (i.e., Cou for CountA)
In the Function Arguments dialog box, enter the appropriate arguments (i.e., the cell range) for what you wish to calculate
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Click into main function list and type the first few characters of the function name. Then scroll to locate appropriate function.
Great Tip!
If you want to edit the function later on using the Function Argument dialog box simply click on the result cell and click the function button on the Formula toolbar
Fill in the appropriate required (bold) argument(s) (i.e., select the correct cell range). Then click OK to complete the process.
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Great Tip! The <F4> key is a shortcut for placing an Absolute Reference in a formula.
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Creating An Absolute Reference When Copying A Formula Steps: Enter the specified cell reference into the calculation Press the <F4> key (until the required reference is set) Enter the remainder of the calculation (if necessary) Press <Enter> to complete the calculation
In this example, when the formula in C6 (=B6/$C$2) is copied down to the end of the Commissions Paid column, the cell reference to the Commission (C2) will stay constant but the reference to the Total Revenue (B6) will change to B7, B8, B9, etc.
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Name Box
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Defining A Named Range Steps: Select the cell or cell range you want to name Click into the Name Box (upper left corner of screen) Type a name (no spaces) Press
Note: You can only define a name in the Name Box. To edit or delete that named range you must use the Formula Tab: Name Manager command.
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Reference Worksheet:
Naming Cells
Press the Function Key <F3> to display the Paste Name dialog box
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Great Tip! Arrange the worksheets so that all the worksheets to be included in the formula are in consecutive order so that it is easy to select them!
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Hold Shift key and select the last worksheet to include in that
calculation
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Note: In the example to the right, once the calculation is complete, the formula cell can be copied down and then across by using the AutoFill handle.
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AutoCalculate
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AutoCalculate Feature
Reference Worksheet: Core Functions
Functions can be added to AutoCalculate by Right-Clicking on the Status Bar and selecting the function to add
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The error indicator appears as a green triangle in the top left corner of the cell. A common error is when additional data is added to the worksheet and the formula cell does not update to include that data. Excel gives you the option of updating that formula in the error-checking Smart Tag.
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Cell Dependent:
Tracer Arrows:
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Tracing Precedent Cells Steps: Select the formula cell to be evaluated On the Formulas Tab, Formula Auditing Group Click Trace Precedents button Click again to see indirect levels of Precedents To remove arrows, click Remove Arrows
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1
Steps:
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Tracing Dependent Cells Select the formula cell to be evaluated On the Formulas Tab, Formula Auditing Group Click Trace Dependents button Click again to see indirect levels of Precedents To remove arrows, click Remove Arrows
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Steps: Select the formula cell to be evaluated On the Formula Tab, Auditing Group, Evaluate Formula button To evaluate each part of the formula, click Evaluate button To precedent steps of the formula, click Step In button To evaluate the next step of the formula, click Step Out button When complete, click Close button
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You can toggle between Formula Mode and Normal Mode by pressing:
<Ctrl>+ ~ (Tilde)
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Notes
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Notes
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