Essential Excel          Functions for Data          Analysis Success

10

Calculates the average of a range of cells, providing a quick overview of the central tendency in your data.

1

AVERAGE

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IFERROR

Handles errors by allowing you to specify the value or action to take if a formula results in an error, ensuring smoother data analysis.

2

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PMT

3

Calculates the payment for a loan based on constant payments and a constant interest rate, aiding in financial data analysis.

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INDEX-MATCH

4

Combines INDEX and MATCH functions for flexible and powerful lookups, offering an alternative to VLOOKUP for complex data searches.

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5

SUMPRODUCT

Multiplies corresponding components in arrays and sums the products, useful for weighted averaging and advanced calculations.

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Converts a value to text with a specified format, facilitating the transformation of date and time data for better analysis.

6

TEXT

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CHOOSE

Returns a value from a list of choices based on a specified index, providing a dynamic way to select data based on conditions.

7

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DATEDIF

Calculates the difference between two dates in various units (days, months, years), assisting in time-based analysis.

8

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HLOOKUP

Retrieves data from a horizontally organized table, similar to VLOOKUP but scans the header row for matching values.

9

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PIVOT TABLES

10

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Summarizes and analyzes data dynamically, allowing for quick insights and a customizable view of your dataset.

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