Excel is one of the most widely used tools for data analysis, and for good reason. Its ability to manipulate and analyze large amounts of data has made it a staple for businesses and individuals alike. However, with so many formulas available, it can be overwhelming to determine which ones are the most important to know. In this article, we will discuss the top 10 Excel formulas every data analyst should know.
- SUM: The SUM formula is used to add up a range of cells. This formula is one of the most basic and frequently used in Excel. Simply enter the cells you want to add up as arguments within the parentheses, and Excel will return the sum.
- AVERAGE: The AVERAGE formula is used to calculate the average value of a range of cells. This is useful for finding the mean of a data set, and can be used to quickly and easily identify trends or patterns.
- COUNT: The COUNT formula is used to count the number of cells in a range that contain numerical values. This can be useful for determining the size of a data set, or for calculating percentages.
- MAX/MIN: The MAX and MIN formulas are used to determine the highest and lowest values in a range of cells, respectively. This can be useful for identifying outliers or for setting limits on a data set.
- VLOOKUP: The VLOOKUP…