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Essential Spreadsheet Functions for Business Analysis Print

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The few worth knowing.

SUM AND AVERAGE

Totals and means. Obvious and constantly used.

CONDITIONAL SUM AND COUNT

Totalling or counting only records meeting a condition.

The most useful functions there are.

LOOKUP FUNCTIONS

Bringing a value from one table into another using a common identifier.

How you join customer names to sales.

IF

Applying a rule: categorise, flag, or branch.

DATE FUNCTIONS

Extracting month or year from a date, so you can group by period.

TEXT FUNCTIONS

Cleaning: trimming spaces, changing case, splitting values.

UNIQUE AND COUNTING DISTINCT

Finding how many different customers, products or categories exist.

ROUNDING

Presenting figures sensibly.

WHAT TO LEARN IN ORDER

Conditional sum, lookup, date extraction.

Those three enable most business analysis.

WHAT NOT TO DO

Build elaborate formulas you will not understand later.

WHAT TO PREFER

Several simple steps in separate columns over one complicated formula.


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