Exam 7: Excell: Formulas and Functions

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What two functions compute the central tendency of values?

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B

What is the default method of referencing cells in formulas?

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B

Match the following terms with their description: i. Median II. Average III. Sum IV. Table array v. Breakpoint

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C, E, A, D, B

Which function would you use if you wanted to count the number of values, but ignore cells that have text or are empty?

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It is very important to sort the first column in a table lookup array in descending order.

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What term refers to the necessity of following the rules when it comes to using functions?

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What do you use to separate arguments in a function?

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Which of the following is not a valid logical test?

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In the PMT function, the PV argument refers to the ________ of the loan.

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Match the following terms with their description: i. COUNT II. COUNTA III. COUNTBLANK IV. IF v. NPER

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If A7=21, which of the following =IF statements would produce the result of "Much Greater"?

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Excel assigns date number 1 to January 1, 1900.

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If you are looking up exact values in a lookup table then it does not matter how the table is sorted.

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What is the term for the inputs required in a function?

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The range that contains the lookup table is called the ________.

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Match the example with the function or feature: i. =A54 II. =$A54 III. =$A$54 IV. =SUM(A54:B97) v. "Ohio"

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What action changes the actual number of decimal places Excel stores instead of just changing what is displayed?

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The ________ function finds the smallest value in a range.

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The inputs in a function are specified by its ________.

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Which of the following does not comply with the preferred way of using the SUM function?

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