excel function sumif offset function retirement planning 1

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  • Provide an overview of your data, business/organization, and use case
  • Analyze the data and give reasoning of why you think it is useful to the business or organization.
  • Articulate what Excel functions you have used and apply it to the dataset to demonstrate it.

The SUMIF function is useful for summing values in a certain range if cells in a related range satisfy a given condition. It has the syntax =SUMIF (compareRange,criterion, sumRange), where compareRange and sumRange are similar-size ranges. This formula checks each cell in compareRange to see whether it satisfies the criterion. If it does, it adds the corresponding value in sumRange to the overall sum. For example, =SUMIF(A12: A23,1,D12:D23) sums all values in the range D12:D23 where the corresponding cell in the range A12:A23 has the value 1.

Using the poverty level excel sheet, run the SUMIF range for each quartile. Draw conclusions in one paragraph. How would you use the SUMIF in your business?

Using the CEO Salary levels excel sheet, utilize AVERAGEIF to determine comparisons for which over 50% of the highest paid CEOs fall. Draw conclusions in one paragraph. How would you use the AVERAGEIF in your business?

Read the following articles

https://www.ablebits.com/office-addins-blog/2015/02/11/excel-offset-function/

https://www.xelplus.com/excel-offset-function-for-dynamic-calculations/

Using retirement planning information, create an offset function. Be creative with what you use.

When would you use the offset function in your business?

Offset function: Retirement planning

Read the following articles

https://www.ablebits.com/office-addins-blog/2015/02/11/excel-offset-function/

https://www.xelplus.com/excel-offset-function-for-dynamic-calculations/

Using retirement planning information, create an offset function. Be creative with what you use.

When would you use the offset function in your business?

 
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