Quiz 1 Flashcards

1
Q

=counta (value 1[value 2])

A

Count non blank cells

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2
Q

To calculate to nearest whole number need to put =round(…..,_____)?

A

0

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3
Q

To calculate to nearest tenth need to put =round(…..,_____)?

A

1

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4
Q

To calculate to nearest hundreth need to put =round(…..,_____)?

A

2

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5
Q

To calculate to nearest tens need to put =round(…..,_____)?

A

-1

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6
Q

To calculate to nearest hundreds need to put =round(…..,_____)?

A

-2

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7
Q

=count(value, [value 2])

A

Determine the number of cells in a range that contain numbers

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8
Q

What does mean?

A

Not equal to

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9
Q

The syntax for countif (s) and sumif (s)

Number?

A

=countif(C1:C10, 5)

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10
Q

The syntax for countif (s) and sumif (s)

Text?

A

Surround text in quotes

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11
Q

The syntax for countif (s) and sumif (s)

Cell reference?

A

Type in cell reference.

=countif(G1:G10, A2)

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12
Q

The syntax for countif (s) and sumif (s)

“Hard coded” Boolean Expression?

A

Surround Boolean Expression in quotes

=countif(I1:I10,”>=5”)

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13
Q

The syntax for countif (s) and sumif (s)

Cell reference Boolean Expression?

A

Surround Boolean expression in quotes and type & before the cell reference
=countif(k1:k10, “>=”&A5)

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14
Q

The syntax for countif (s) and sumif (s)

Wild card?

A

use asterik

=countif(M1:M10, “USA”*)

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15
Q

The s in averageifs, countifs, sumifs, etc mean that?

A

AVERAGES A RANGE (MULT CRITERIA & MULTIPLE RANGES) all criterion must be true for the cell to be averaged, counted, or summed.

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16
Q

When using the rank.eq function and you want the numbers to be in ascending order you put what under order?
=rank.eq(number, ref, [order])?

A

1

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17
Q

When using the rank.eq function and you want the numbers to be in descending order you put what under order?
=rank.eq(number, ref, [order])?

A

0 or omit it

18
Q

What does the sumproducts function do?

A

Multiplies corresponding components in the given arrays and returns the sum of those products
-array arguments must be the same dimension

19
Q

Syntax for if functions?

Number?

A

Type in number

if(B3>=6)

20
Q

Syntax for if function:

For text?

A

Surround text in quotes

if(B3”USA”,..)

21
Q

Syntax for if function?

Cell reference?

A

Type in cell reference

=if(B3=B5,…)

22
Q

What does the Nested if function do?

A

if this is true do this, else if this is true, do this,

23
Q

If you have five letter grade possibilities in the nested if, use ______functions.

A

four

24
Q

What is the =AND(logical 1, [logical 2], ) used for?

A

Returns true if all arguments evaluate to true

25
Q

What does the =OR(logical 1, [logical 2]) do?

A

Returns true if at least one argument evaluates to true

26
Q

What does the =NOT(logical) do?

A

changes false to true and true to false

27
Q

What combination of functions would be used to determine if none of the students?

A

NOT(OR(_______))

28
Q

To determine if only which functions are needed?

A

AND(check if he passedNOT(OR want to make sure no one else did ))

29
Q

To determine if everyone, if all, passed which function?

A

AND() or IF(AND(())

30
Q

To determine if at least one which function combination?

A

IF(OR())

31
Q

To determine “if none” which function should be used?

A

NOT(OR())

32
Q

When using vlookup/hlookup what would putting true as the [range_lookup] do?

A

finds the exact match or the next lower value in your table array

33
Q

When using vlookup/hlookup what would putting false as the [range_lookup] do?

A

finds the exact match in your table array

34
Q

What is simple interest?

A

Always calculates based on original amount

35
Q

What is compound interest?

A

Always calculates based on latest amount

36
Q

What is present value?

A

what you get/pay at the beginning of a financial transaction

37
Q

What is future value?

A

what you are going to get OR what you will have to pay at the end of a financial transaction

38
Q

What is payment?

A

Payment made each period-it remains constant over life of annuity

39
Q

What is rate?

A

Interest rate per period

40
Q

What is NPER?

A

number of payment periods