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Excel Formula Basics: Sumif, Countif, Averageif

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Free articles on learning Excel. Visit http://www.launchexcel.com/

Sumif, Countif and Averageif help you to analyse data in a list that matches the conditions you specify. Named ranges make it simpler to read formulas and easily enter large ranges. Together they make a simple and powerful combination in Excel. For more information see http://www.launchexcel.com/formula-basics-sum-count-average-if

Highlights in the video:

0:58 – Named range tricks (Ctrl + F3 to bring up name manager, Ctrl + Shift + F3 to create named range from selection)
1:52 – Create unique list of names (using Excel’s Remove duplicates feature, available in Excel 2007+)
2:30 – Set up data validation drop down list, sourced from a defined named range
3:35 – SUMIF() formula (total lifetime sales)
4:21 – COUNTIF() formula (number of months with sales)
5:04 – AVERAGEIF() formulas (average monthly sales)
5:49 – Using drop down list to select new sales person, formulas automatically recalculate

You can discover more Excel tips and tricks to make you productive in Excel by visiting my website at http://www.launchexcel.com

Duration : 0:6:22


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