FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -A Formula is an equation designed by a user in Excel, while a Function is a predefined calculation in the spreadsheet application.

Detailed explanation-2: -The main difference between a function and formula is that a function is a predefined formula available in MS Excel, while a formula is a predefined calculation that uses cell references or hard-coded numbers to calculate a cell value. Technically, you can call a function a formula.

Detailed explanation-3: -The TRUE and FALSE functions For instance, if you type “=TRUE()” into a cell, it will return the value TRUE. If you type “=FALSE()” it will return FALSE. There is no need to use these functions in standard situations. They exist for the sake of compatibility with other spreadsheet applications.

Detailed explanation-4: -A function is a predefined formula that performs calculations using specific values in a particular order. All spreadsheet programs include common functions that can be used for quickly finding the sum, average, count, maximum value, and minimum value for a range of cells.

Detailed explanation-5: -Formula is an expression that calculates values in a cell or in a range of cells. For example, =A2+A2+A3+A4 is a formula that adds up the values in cells A2 through A4. Function is a predefined formula already available in Excel.