ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.
-
Upload
linette-sullivan -
Category
Documents
-
view
224 -
download
3
Transcript of ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.
![Page 1: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/1.jpg)
Succeeding in Business with Microsoft Excel 2010 1
ACOT Intro/Copyright
![Page 2: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/2.jpg)
Succeeding in Business with Microsoft Excel 2010 2
Course Learning Outcomes
Upon completion of this course, students will be able to:• Navigate online computer platforms to acquire and distribute
information.• Apply Excel skills and tools in business problem solving.• Solve problems with statistical analysis tools.• Apply logic in decision making.• Retrieve data for computation, analysis, and reference.• Evaluate the financial impact of loans and investments.• Organize data for effective analysis.• Apply data tables and excel scenarios for what-if analysis.• Synthesize smart worksheets.• Enhance decision making with Solver.
![Page 3: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/3.jpg)
Succeeding in Business with Microsoft Excel 2010 3
Roadmap
Chapter 5Retrieving Data for Computation, Analysis, and Reference
![Page 4: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/4.jpg)
Succeeding in Business with Microsoft Excel 2010 4
Chapter Objectives
• Organize and evaluate data in vertical and horizontal look up tables
• Analyze and retrieve data from multiple worksheets to solve problems
• Use named range references in formulas to retrieve data from multidimensional tables
• Nest lookup and reference functions to perform complex calculations
![Page 5: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/5.jpg)
Working with Lookup Tables
• Contain data that can be used to create worksheets that list items, and then perform calculations
• Automate the process of looking up data to use in calculating unit and total prices
Succeeding in Business with Microsoft Excel 2010 5Level 1 home
![Page 6: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/6.jpg)
Working with Lookup Tables
Succeeding in Business with Microsoft Excel 2010 6Level 1 home
![Page 7: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/7.jpg)
Retrieving Data from a Vertical Lookup Table
• VLOOKUP function– Most effective and flexible way to retrieve data
organized in columns– Searches specified part of worksheet for data,
starting with the first column– =VLOOKUP(lookup_value,table_array,
col_index_num,range_lookup)– Must specify col_index_num
Succeeding in Business with Microsoft Excel 2010 7Level 1 home
![Page 8: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/8.jpg)
VLOOKUP Function Arguments
Succeeding in Business with Microsoft Excel 2010 8Level 1 home
![Page 9: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/9.jpg)
Results of Using the VLOOKUP Function
Succeeding in Business with Microsoft Excel 2010 9Level 1 home
![Page 10: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/10.jpg)
Succeeding in Business with Microsoft Excel 2010 10
Check on Learning
![Page 11: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/11.jpg)
Succeeding in Business with Microsoft Excel 2010 11
Check on Learning
![Page 12: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/12.jpg)
Succeeding in Business with Microsoft Excel 2010 12
Check on Learning
![Page 13: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/13.jpg)
Examining the VLOOKUP Algorithm
• Steps that Excel performs when VLOOKUP type is TRUE and key data is sorted in ascending order:1. Look for an exact match2. Check first value in lookup table3. Check next value in lookup table4. Check last value in lookup table
• If using lookup type of FALSE, VLOOKUP function looks only for an exact match of the lookup value
• Values in lookup table need not need be sorted in ascending order• VLOOKUP function displays #N/A in cell if exact match is not found
Succeeding in Business with Microsoft Excel 2010 13Level 1 home
![Page 14: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/14.jpg)
VLOOKUP Function with a FALSE Lookup Type
Succeeding in Business with Microsoft Excel 2010 14Level 1 home
![Page 15: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/15.jpg)
Retrieving Data from a Horizontal Lookup Table
• HLOOKUP function– Looks up a value by testing for a criterion across a
row– HLOOKUP(lookup_value,table_array,
row_index_num,range_lookup)– Must specify row_index_num
Succeeding in Business with Microsoft Excel 2010 15Level 1 home
![Page 16: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/16.jpg)
HLOOKUP Function Arguments
Succeeding in Business with Microsoft Excel 2010 16Level 1 home
![Page 17: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/17.jpg)
HLOOKUP Type TRUE Algorithm
• Works in same way as for VLOOKUP function, except that values are tested across the row (instead of down the first column)
• First row of lookup table must be sorted in ascending order
Succeeding in Business with Microsoft Excel 2010 17Level 1 home
![Page 18: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/18.jpg)
Using HLOOKUP Function
Succeeding in Business with Microsoft Excel 2010 18Level 1 home
![Page 19: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/19.jpg)
Succeeding in Business with Microsoft Excel 2010 19
Check on Learning
![Page 20: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/20.jpg)
Succeeding in Business with Microsoft Excel 2010 20
Check on Learning
![Page 21: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/21.jpg)
Succeeding in Business with Microsoft Excel 2010 21
Check on Learning
![Page 22: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/22.jpg)
Succeeding in Business with Microsoft Excel 2010 22
Check on Learning
![Page 23: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/23.jpg)
Retrieving Data from Multiple Worksheets
• Use VLOOKUP and HLOOKUP formulas– This is especially useful when lookup tables are
long
Succeeding in Business with Microsoft Excel 2010 23Level 2 home
![Page 24: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/24.jpg)
Retrieving Data from Multiple Worksheets
Succeeding in Business with Microsoft Excel 2010 24Level 2 home
![Page 25: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/25.jpg)
Using VLOOKUP with Multiple Worksheets
Succeeding in Business with Microsoft Excel 2010 25Level 2 home
![Page 26: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/26.jpg)
Retrieving Data from Multiple Worksheets
Succeeding in Business with Microsoft Excel 2010 26Level 2 home
![Page 27: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/27.jpg)
Succeeding in Business with Microsoft Excel 2010 27
Check on Learning
![Page 28: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/28.jpg)
Looking Up Data in a One-Row or One-Column Range
• Use LOOKUP function– Looks up the greatest value that does not exceed a
specified value anywhere in a table or range– Can retrieve data from a lookup table with a
vertical or horizontal orientation– Uses only a TRUE lookup type; column or row
containing lookup values must be in ascending order
– LOOKUP(lookup_value,lookup_vector,result vector)
Succeeding in Business with Microsoft Excel 2010 28Level 2 home
![Page 29: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/29.jpg)
LOOKUP Function Arguments
Succeeding in Business with Microsoft Excel 2010 29Level 2 home
![Page 30: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/30.jpg)
Using the LOOKUP Function
Succeeding in Business with Microsoft Excel 2010 30Level 2 home
![Page 31: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/31.jpg)
Succeeding in Business with Microsoft Excel 2010 31
Check on Learning
![Page 32: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/32.jpg)
Succeeding in Business with Microsoft Excel 2010 32
Check on Learning
![Page 33: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/33.jpg)
Retrieving Data from Multidimensional Tables
• Use INDEX function with two- or three-dimensional tables– Returns the value in a table based on row and
column numbers that you specify– =INDEX(reference,row_num,column_num,
area_num)– Has several guidelines
Succeeding in Business with Microsoft Excel 2010 33Level 2 home
![Page 34: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/34.jpg)
INDEX Function Arguments
Succeeding in Business with Microsoft Excel 2010 34Level 2 home
![Page 35: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/35.jpg)
Using an INDEX Function with a Two-Dimensional Table
Succeeding in Business with Microsoft Excel 2010 35Level 2 home
![Page 36: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/36.jpg)
Using an INDEX Function with a Three-Dimensional Table
Succeeding in Business with Microsoft Excel 2010 36Level 2 home
![Page 37: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/37.jpg)
Succeeding in Business with Microsoft Excel 2010 37
Check on Learning
![Page 38: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/38.jpg)
Succeeding in Business with Microsoft Excel 2010 38
Check on Learning
![Page 39: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/39.jpg)
Succeeding in Business with Microsoft Excel 2010 39
Check on Learning
![Page 40: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/40.jpg)
Refining the Order Form
Succeeding in Business with Microsoft Excel 2010 40Level 3 home
![Page 41: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/41.jpg)
Using the ISBLANK Function
• ISBLANK functions– Nine functions that test a value or cell reference,
then return a TRUE or FALSE value depending on results
– Often used in formulas to test the outcome of a calculation
– When combined with IF function, help locate data-entry errors
– =ISBLANK(value)
Succeeding in Business with Microsoft Excel 2010 41Level 3 home
![Page 42: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/42.jpg)
IS Functions
Succeeding in Business with Microsoft Excel 2010 42Level 3 home
![Page 43: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/43.jpg)
Nesting Lookup Functions to Calculate the Price Per Unit
Succeeding in Business with Microsoft Excel 2010 43Level 3 home
![Page 44: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/44.jpg)
Succeeding in Business with Microsoft Excel 2010 44
Check on Learning
![Page 45: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/45.jpg)
Succeeding in Business with Microsoft Excel 2010 45
Check on Learning
![Page 46: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/46.jpg)
Succeeding in Business with Microsoft Excel 2010 46
Nesting VLOOKUP in an IF Function to Determine the lookup_value
![Page 47: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/47.jpg)
Using the CHOOSE Function to Determine the table _array
• A Reference and Lookup function that can return a value or a range for up to 254 different values
• =CHOOSE(index_num,value1,value2,…)
Succeeding in Business with Microsoft Excel 2010 47Level 3 home
![Page 48: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/48.jpg)
Using the CHOOSE Function to Determine the table_array
Succeeding in Business with Microsoft Excel 2010 48Level 3 home
![Page 49: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/49.jpg)
Determining the col_index_num
Succeeding in Business with Microsoft Excel 2010 49Level 3 home
![Page 50: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/50.jpg)
Determining the range_lookup
Succeeding in Business with Microsoft Excel 2010 50Level 3 home
![Page 51: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/51.jpg)
Calculating Totals
Succeeding in Business with Microsoft Excel 2010 51Level 3 home
![Page 52: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/52.jpg)
Calculating the Discount Amount
Succeeding in Business with Microsoft Excel 2010 52Level 3 home
![Page 53: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/53.jpg)
Succeeding in Business with Microsoft Excel 2010 53
Check on Learning
![Page 54: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/54.jpg)
Succeeding in Business with Microsoft Excel 2010 54
Check on Learning
![Page 55: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/55.jpg)
Calculating the Shipping Costs Using MATCH and INDEX Functions
• INDEX function– =INDEX(reference,row_num,column_num,
area_num)• MATCH function– Designed to return relative position of an item in a
list– MATCH(lookup_value,lookup_array,
match_type)– Has several guidelines
Succeeding in Business with Microsoft Excel 2010 55Level 3 home
![Page 56: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/56.jpg)
MATCH Function Arguments
Succeeding in Business with Microsoft Excel 2010 56Level 3 home
![Page 57: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/57.jpg)
Using the INDEX Function
• Determine reference argument of INDEX function
• Determine row_num of INDEX function• Determine col_num of INDEX function by
using MATCH function• Determine area_num of INDEX function
Succeeding in Business with Microsoft Excel 2010 57Level 3 home
![Page 58: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/58.jpg)
Creating the Complex INDEX Formula and Completing the Worksheet
Succeeding in Business with Microsoft Excel 2010 58Level 3 home
![Page 59: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/59.jpg)
Creating the Complex INDEX Formula and Completing the Worksheet
Succeeding in Business with Microsoft Excel 2010 59Level 3 home
![Page 60: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/60.jpg)
Succeeding in Business with Microsoft Excel 2010 60
Check on Learning
![Page 61: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/61.jpg)
Succeeding in Business with Microsoft Excel 2010 61
Check on Learning
![Page 62: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/62.jpg)
Chapter Summary
• Performing basic lookups to calculate and evaluate data
• Performing more complex lookups involving multiple worksheets and multidimensional tables
• Nesting lookup and reference functions to retrieve and calculate data
Succeeding in Business with Microsoft Excel 2010 62
![Page 63: ACOT Intro/Copyright Succeeding in Business with Microsoft Excel 20101.](https://reader036.fdocuments.in/reader036/viewer/2022062308/56649dbd5503460f94ab0511/html5/thumbnails/63.jpg)
Succeeding in Business with Microsoft Excel 2010 63
Objectives