Microsoft Excel is an excellent tool often used to keep track of data and other useful records. Among the various capabilities entailed in excel is the use of function and not only so but those that are conditional by nature. This conditional function operates under the same principle of Boolean logic. In our case, instead
Moving Average is otherwise called running average or rolling average. There is something common about the three different names – moving, running, and rolling. Yes, this type of average has to do with movement. But do we go about it? There is not much difference between the conventional Average and the moving average. I hope
We have several mathematical functions provided in or by Microsoft Excel. Some of these functions are; v-lookup, min, max, mean, mode, and median. They all have their basic function to perform in the excel sheet. V-lookup or vertical lookup as the name suggests is a mathematical function that does the searching of data in multiple
Max, as used in the above statement, is the short form for the word maximum. Maximum is a mathematical function used when we are referring to the value with the largest limit in any data range. When data is defined by either minimum or maximum function, you know absolutely comparison is being done or differentiation
Whenever we are handling numbers, values, ranges, and figures there is always the need to identify the minimum value of all the values and the maximum values of all the values. We get the minimum or maximum values in any given set of data to be able to find the range of the data. In
Formatting is a very crucial aspect of Word editing. You can bold, underline, italicize, set paragraphs, etc. using well-arranged commands and shortcuts. Formatting is also tenable on Excel. There are several formulas and procedures in formatting work on your Excel spreadsheet. You can condition your cells to respond automatically when you press a particular key
The analysis involves the calculation of differences between two values. You can also carry out simple percentage operations on your excel spreadsheet. The difference between the two values means change. This change can occur in the form of an increase or a decrease. For instance, your company may want to find the cost of production
Compound interest is one of the most popular functions in economics and finance. It is a standardized method of cumulating the interest accrued within a given time. In compound interest, you don't cash out your interest, but rather, you reinvest it. Here is a typical example, supposing you invested $1000 in a venture that yields
In production, depreciation occurs whenever an asset losses its value due to heavy use. When considering the units of production, depreciation is not calculated based on the duration an asset is used, but rather, it is calculated based on the number of units produced. For instance, if an asset K produces 50 units and the
1. Excel formula for percentage change Normally in mathematics, the percentage change is usually given by; %Change = (change/initial value) *100. The change is usually a difference between the two values in context. Change =new value-old value. We can also accomplish this task quickly and easily in excel. So supposing we need to find the