excel test 3 Flashcards

1
Q

average function

A

returns the average of values in the range

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2
Q

median function

A

returns the middle value in the range

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3
Q

mode.sngl

A

returns the single value that is repeated most often in the range

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4
Q

round up function

A

rounds a value to the next highest digit

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5
Q

autofill

A

used to enter formulas or data patterns into a selected range based on the content of the starting cells in the range

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6
Q

constant

A

a value/term in an equation whose values don’t change

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7
Q

fill handle

A

appears as a black square/box in the lower-right corner of the cell

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8
Q

Nest

A

to place one thing inside another, such as a function inside another function. excel evaluates innermost first and then outward/inner acting as argument for next outer function

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9
Q

NOW function

A

automatically updated whenever you add a new calculation to the workbook or reopen the workbook

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10
Q

TODAY function

A

the date displayed is automatically updated whenever you enter a new formula or reopen the workbook

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11
Q

WORKDAY function

A

function to display the date of a working day/weekday that is a specified number of workdays/weekdays past a start date

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12
Q

Error value

A

when you make a mistake writing a formula, Excel returns an error value indicating that some part of a formula was entered incorrectly/message in cell

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13
Q

Mixed cell reference

A

a cell reference that has both absolute and relative components in the reference

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14
Q

Absolute cell reference

A

a cell reference that does not change when the formula containing that reference is moved to a new location

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15
Q

Relative cell reference

A

a cell reference that changes when the formula containing that reference is moved to a new location

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16
Q

VLOOKUP function

A

returns values from a vertical lookup table (by specifying the value to be matched, the location of the lookup table, and the column containing the return values)

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17
Q

IF Function

A

a logical function that tests a condition and then returns one value if the condition is true and another value if the condition is false

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18
Q

lookup function

A

retrieves a value matching a specified condition from a table of data

19
Q

lookup table

A

the table storing the data you want to be retrieved with a lookup function

20
Q

lookup value

A

the values that are being looked up/the category you want to find in lookup table

21
Q

Return values

A

the data values you want to retrieve from a lookup table / the remaining rows or columns contain the data values retrieved by the lookups function

22
Q

Exact match lookup

A

the lookup value must exactly match one of the values from the table’s first column or row/in the lookup table

23
Q

Approximate match lookup

A

used when the lookup value falls within a range of values in the first column or row/lookup table

24
Q

trial and error

A

a way to perform what-if analysis by changing one or more of the input values to see how they affect other cells in the workbook

25
goal seek
a feature that automates the trial-and-error process by allowing you to specify a value for the calculated item, which Excel uses to determine the input value needed to reach that goal / reverses the trial-and-error process by specifying an output value and working backward to find the input value needed to reach that goal
26
Types of patterns AutoFill
Numbers (1,2,3) and dates/times (Jan, Feb, Mar)
27
List two Date and Time functions
Date(year,month,day) and Day(serial_number)
28
List two common error values
#DIV/0! (Divided by zero) and #NAME? – excel doesn’t recognize text/misspell
29
List two logical comparison operators
=, >
30
List two Function Library categories
Compatibility – functions from excel 2010 or earlier, still supported to provide backward compatibility Cube – receives data from multidimensional databases involving online analytical processing (OLAP)
31
argument
the numbers, text, or cell references used by the function to return a value
32
compare values
the categories in a lookup table that are used for matching to a specified lookup value
33
comparison operator
a symbol that indicates the relationship between two values
34
COUNT function
the excel function that tallies how many cells in specified range contain numbers or dates
35
COUNTA function
function that tallies how many cells in specified range contain any entries (numbers, dates, or text)
36
horizontal lookup table
a lookup table in which the compare values are location in the first row
37
logical function
a function that returns a different value depending on whether the given condition is true or false
38
MAX function
a function that returns the maximum value in a range
39
MIN function
a function that returns the minimum value in the range
40
optional argument
an argument that is not required for the function to return a value
41
required argument
an argument that is needed for the function to return a value
42
significant digits
the number of digits that should be displayed for a calculation; they indicate the accuracy of the measured and calculated results
43
vertical lookup table
a table used to retrieve data based on matching the category values found in the first column of the table
43
what-if analysis
a way to explore the impact that changing input values has on calculated value in a workbook