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Microsoft
Excel 2007
Objective 3: Creating and
Modifying Formulas
In the Lesson you will learn
how to:
1. Reference data in formulas
2. Summarize data using formulas
3. Summarize data using subtotals
4. Conditionally summarize data using a
formula
5. Lookup data using a formula
6. Use conditional logic in a formula
7. Format or modify text using formulas, and
8. Display and print formulas
Conditionally Summarize
Data Using a Formula
• Summarize data that meets certain conditions
Summarize Data That Meets
Certain Conditions
1. Verify the worksheet has a range to
search and numerical values to
summarize
2. Click in a cell that will contain the
conditional formula result
3. Type =, then type a conditional function
using the slide following as a reference
Functions to Summarize Data
Based on Conditions
Conditional
Function
Explanation and Practice
SUMIF Sum a set of values that meet one criteria
SUMIFS Sum a set of values that meet multiple criteria
COUNTIF Count a group of cells that meet one criteria
COUNTIFS Count a group of cells that meet multiple
criteria
AVERAGEIF Average a set of values that meet one criteria
AVERAGEIFS Average a set of values that meet multiple
criteria
Lookup Data Using a
Formula
HLOOKUP and VLOOKUP
HLOOKUP & VLOOKUP
 These formulas will lookup values based
on criteria you specify
 Use HLOOKUP when your comparison
values are located in a row across the top
of a table of data, and you want to look
down a specified number of rows.
 Use VLOOKUP when your comparison
values are located in a column to the left of
the data you want to find.
To Use
1. Click a cell where the formua will appear
2. Click the Formulas tab then click the Insert
Function button
3. In the Insert Function dialog box click the Or
select a category list arrow then click All
4. Double-click HLOOKUP or VLOOKUP from the
list box and enter the necessary information
Use Conditional Logic in a
Formula
Creating formulas using conditional functions
Logic Functions
Functio
n
Explanation and Practice
IF Specifies a logical test to perform
AND Returns TRUE if all of its arguments are TRUE
OR Returns TRUE if any argument is TRUE
NOT Reverses the logic of its argument
IFERROR Returns a value you specify if a formula
evaluates to an error; otherwise, returns the result
of the formula

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Conditionally Summarize Data Using a Formula

  • 1. Microsoft Excel 2007 Objective 3: Creating and Modifying Formulas
  • 2. In the Lesson you will learn how to: 1. Reference data in formulas 2. Summarize data using formulas 3. Summarize data using subtotals 4. Conditionally summarize data using a formula 5. Lookup data using a formula 6. Use conditional logic in a formula 7. Format or modify text using formulas, and 8. Display and print formulas
  • 3. Conditionally Summarize Data Using a Formula • Summarize data that meets certain conditions
  • 4. Summarize Data That Meets Certain Conditions 1. Verify the worksheet has a range to search and numerical values to summarize 2. Click in a cell that will contain the conditional formula result 3. Type =, then type a conditional function using the slide following as a reference
  • 5. Functions to Summarize Data Based on Conditions Conditional Function Explanation and Practice SUMIF Sum a set of values that meet one criteria SUMIFS Sum a set of values that meet multiple criteria COUNTIF Count a group of cells that meet one criteria COUNTIFS Count a group of cells that meet multiple criteria AVERAGEIF Average a set of values that meet one criteria AVERAGEIFS Average a set of values that meet multiple criteria
  • 6. Lookup Data Using a Formula HLOOKUP and VLOOKUP
  • 7. HLOOKUP & VLOOKUP  These formulas will lookup values based on criteria you specify  Use HLOOKUP when your comparison values are located in a row across the top of a table of data, and you want to look down a specified number of rows.  Use VLOOKUP when your comparison values are located in a column to the left of the data you want to find.
  • 8. To Use 1. Click a cell where the formua will appear 2. Click the Formulas tab then click the Insert Function button 3. In the Insert Function dialog box click the Or select a category list arrow then click All 4. Double-click HLOOKUP or VLOOKUP from the list box and enter the necessary information
  • 9. Use Conditional Logic in a Formula Creating formulas using conditional functions
  • 10. Logic Functions Functio n Explanation and Practice IF Specifies a logical test to perform AND Returns TRUE if all of its arguments are TRUE OR Returns TRUE if any argument is TRUE NOT Reverses the logic of its argument IFERROR Returns a value you specify if a formula evaluates to an error; otherwise, returns the result of the formula