USING MICROSOFT EXCEL
HOW TO MODIFY THE WORKSHEET TAB IN EXCEL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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COUNTIF
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DCOUNT
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SUMIF
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SUM
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Detailed explanation-1: -What is the COUNTIF Function? The COUNTIF Function[1] will count the number of cells that meet a specific criterion. The function is categorized under Excel Statistical functions. In financial analysis, the COUNTIF function is quite helpful.
Detailed explanation-2: -Use COUNTIF, one of the statistical functions, to count the number of cells that meet a criterion; for example, to count the number of times a particular city appears in a customer list.
Detailed explanation-3: -The difference between COUNTIF and COUNTIFS is that COUNTIF is designed for counting cells with a single condition in one range, whereas COUNTIFS can evaluate different criteria in the same or different ranges. When doing financial analysis, COUNTIF helps in doing a quick analysis.
Detailed explanation-4: -For example, given the following table, the COUNTIFS excel function can count the total number of products with the name “B” for the east region. The formula “=COUNTIFS(A2:A13, “EAST”, B2:B13, “B”)” returns 2. The COUNTIFS is different from the COUNTIF. It is used to count cells that include dates, numbers, or text.
Detailed explanation-5: -To count numbers or dates that meet a single condition (such as equal to, greater than, less than, greater than or equal to, or less than or equal to), use the COUNTIF function.