Module 2 - EXCEL Flashcards

1
Q

Spreadsheet

A

A grid of rows and columns in which you enter text, numbers, and the results of calculations.

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2
Q

Worksheet

A

A computerized spreadsheet, that may contain data include, text, numbers, formulas, charts, etc.

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3
Q

Workbook

A

a collection of related worksheets

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4
Q

status bar

A

Displays information about the selected command or operations in progress

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5
Q

Cell

A

an intersecting column (letter) and intersecting row (number) such as A5 or $A$5

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6
Q

Range

A

a set of cells described by the top left most cell of desired cells to the bottom right most cell of desired cell. (A1:B5 or $A$1:$B$5)

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7
Q

Relative References

A

used when you want to referenced cell to change along with the formula being copied from one place to another in a worksheet (A5 or A5:B6)

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8
Q

Absolute References

A

used when you want the referenced cells to remain the same when the formula is being copied from one place to another in a worksheet ($A$5 or $A$5:$B$6)

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9
Q

Mixed References

A
  • $A5 where the column will not change when copied, but the row will change.
  • A$5 where the column will change when copied, but the row will not change.
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10
Q

Auto Fill

A

An Excel feature that automatically fill cells with data, formatting, or both. By dragging the “fill handle” over adjacent cells

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11
Q

Functions

A

predefined worksheet formulas that enable you to perform complex calculations easily

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12
Q

Sorting

A

arranging data it in a certain order such as alphabetic or numeric

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13
Q

Filtering Data

A

the process of displaying only records that meet specific conditions

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14
Q

Flash Fill

A

A new feature in Excel that is similar to AutoFill.
When Excel recognizes a pattern based on other information in your workbook, it uses the pattern to enter data into several cells at once.

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15
Q

Filtering Unique Values

A

a data delivery function which is used to filter and deliver unique values from a list

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16
Q

Data Delivery Functions

A

These functions can be used to verify data, search for data, transform data or deliver data from one point to another, however they do not perform calculations.

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17
Q

Data Validation

A

A set of rules that determine what users can enter in a specific cell or range. Often used to create dropdown menus

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18
Q

lookup functions

A

used to retrieve values from a table based on lookup values

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19
Q

Lookup Tables

A

Tables containing data that computer programs can develop and use to simplify and shorten data entry

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20
Q

Subtotals

A

used to summarize a list of data after the list of data has been sorted by the field which you wish to use

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21
Q

Grouping

A

Organizing data so it can be viewed as a collapsible and expandable outline.

22
Q

Heuristics

A

Methods used to speed up the process of finding a good enough solution, where an exhaustive search or advanced problem-solving techniques are impractical.

23
Q

Logical test

A

Any expression that can be evaluated and returns as logical values. (true or false.)

24
Q

Logical Function

A

AND, OR, NOT functions are examples of this kind of function:

25
Q

AND Function

A

this logical function allows you to test the condition of more than one criterion and only returns true if all tested conditions are true

26
Q

OR Function

A

a logical function that returns a TRUE value if any of the logical conditions are true, and a FALSE value if none of the logical conditions are true

27
Q

NOT Functions

A

used when you want to make sure a value is not equal to one particular value

28
Q

Conditional Functions

A

Results of this functions may be a specified value or a calculated value (including IF, Count IF, SUM IF, Average IF)

29
Q

IF functions

A

evaluates whether a condition or a logical test is true or false and returns one value if the condition is true and another value if the condition is false

30
Q

Nested IF Function

A

when one IF function is placed inside another IF function to test an additional condition

31
Q

COUNT IF FUNCTION

A

Returns the number of cells in a range that meet a condition set forth in a formula

32
Q

SUM IF FUNCTION

A

used to calculate the total for a set of values that match a specific criterion

33
Q

AVERAGE IF FUNCTION

A

used to calculate the average for a set of values that match a specific criterion

34
Q

Types of Models (4)

A

Mental, Visual, Physical, Mathematical

35
Q

Models def (what they are)

A

Simplified versions of what they are representing

36
Q

A Computer Model

A

A set of mathematical relationships and logical assumptions implemented in a computer as a representation of some real-world object or phenomenon (ex. Spreadsheets)

37
Q

Decisions, Outcomes, structure, and data are components of :

A

Modelling Approach to Problem solving

38
Q

the percentage of all spreadsheets that have errors that affect their results

A

90%

39
Q

Dashboards

A

Reporting mechanisms that aggregate and display metrics and key performance indicators. helpful in decision making

40
Q

Types of Dashboards (3)

A

strategic, analytical, operational

41
Q

Strategic Dashboard

A

Provides an overview of an organization. Easy to access and read computer program that integrates a variety of performance measures into one display, usually with graphs or charts.

42
Q

Analytical Dashboards

A

support sophisticated data analysis by facilitating rich comparisons and fine-grained performance evaluations

43
Q

Operational Dashboards

A

uses simple display media to quickly identify and understand events and to ensure timely responses

44
Q

which dashboards are most common through the use of excel

A

Strategic

45
Q

Types of Visualization and Display Media for Dashboards

A

highlighted text, summarized text, Icons, Graphs, charts, and sparklines

46
Q

Charts

A

Graphic representation that present information in easily interpreted formats

47
Q

Conditional Formatting

A

Excel feature that enables you to specify how cells that meet one or more given conditions should be displayed.

48
Q

What-if analysis

A

changing a cells value to see how it will affect the formulas in the worksheet

49
Q

Goal seek

A

A what-if analysis tool that finds the input needed in one cell to arrive at the desired result in another cell.

50
Q

Solver

A

An add-in application that manipulates variables based on constraints to find the optimal solution to a problem.