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WGU C268 Spreadsheets C26 8 Final OA Study Guide
Adds the individual numbers or the numbers included in the range(s). - ANS-SUM() Counts the number of cells in a range of cells that contain numbers. - ANS-COUNT() Counts the number of cells in a range of cells that are not blank - ANS-COUNTA() Calculates the simple average of a set of numbers - ANS-AVERAGE() Returns the largest value in a set of numbers - ANS-MAX() Returns the smallest value in a set of numbers - ANS-MIN() Calculates the interest rate earned for an investment - ANS-RATE() Calculates the annual percentage rate for an interest rate - ANS-EFFECT() Calculates the number of payments that will be made to pay off a loan - ANS-NPER() Calculates the payment amount for a loan - ANS-PMT() Calculates the current value of an investment (accounting for compound interest) - ANS-PV() Calculates the future value of an investment - ANS-FV() Combines Boolean expressions to determine if ALL of the combined expressions are TRUE - ANS-AND() Combines Boolean expressions to determine if ANY of the combined expressions are TRUE - ANS-OR() Check to see if a Boolean expression is not evaluated as TRUE - ANS-NOT() Build on Boolean logic and specify the results depending on the results of the Boolean expression - ANS-IF() Determine (count) the number of cells within a range of cells that contain a specific value - ANS-COUNTIF() Calculate the total (sum) for a set of values that match a specific criterion - ANS- SUMIF()
Calculate the average for a set of values that match a specific criterion - ANS- AVERAGEIF() Returns the related value from the specified column after finding the match in the first column - ANS-VLOOKUP() Returns the related value from the specified row after finding the match in the first row - ANS-HLOOKUP() The length, in number of characters, of a block of text - ANS-LEN() The position of a specific character, word, or phrase within a block of text - ANS- SEARCH() Returns the specified number of characters starting from the beginning of a block of text
- ANS-LEFT() Returns the specified number of characters from the middle of a block of text - ANS- MID() Returns the specified number of characters starting from the end of a block of text - ANS-RIGHT() Combines blocks of text - ANS-CONCATENATE() Calculates the standard deviation for a sample. (Use STDEV.P to calculate the standard deviation for a population.) - ANS-STDEV.S() The confidence interval or range of values that we believe the "true" population value falls into - ANS-CONFIDENCE.NORM() Calculates the correlation coefficient between two sets of values - ANS-CORREL() Calculates, or predicts, a future value along a linear trend by using existing values - ANS-FORECAST() ^^ How to calculate payment amount for a loan - ANS-In the cell next to the word payment enter: =PMT(rate [select the field with the interest rate]/12 [you put / because its monthly and there are 12 months in a year], nper [select the field with the term], pv [select the field with the principal value] - this will produce the results Example: =PMT(C13/12, C12, C11) ^^ Calculate, in cell D20, the interest amount for period 1 by multiplying the balance in period 0 (cell F19) by the loan interest rate (cell C13) divided by 12. Dividing the interest rate by 12 results in the monthly interest rate. This formula is reusable. The interest for a given period is always the monthly interest rate times the balance from the previous
Example=AND(E161) ^^ Use the OR function to complete the "Outcome Bonus?" column of table 1. An employee earns an outcome bonus if the difficulty of a job is greater than 3 or if the quality of their work is equal to 3. - ANS-=or([enter the filed for difficulty]>3,[enter field quality]>=3) Example: =OR(G16>3,H16>=3) ^^ Use the IF function to complete the "Time Bonus $" column of table 1. If an employee earns a time bonus (i.e., the corresponding cell in the "Time Bonus?" column is TRUE), then "Time Bonus $" is the "Job Pay" for that project times the bonus percentage in cell M11. Otherwise "Time Bonus $" is 0. - ANS-=if([select field for time bonus]=true, [select field with job pay][select filed with time bonus - be sure to enter a $ between the letter and number for time bonus because you do not want the bonus % to change], 0 Example: =IF(I16=TRUE, K16M$11, 0) ^^ Use the IF function to complete the "Outcome Bonus $" column of table 1. If an employee earns an outcome bonus (i.e., the corresponding cell in the "Outcome Bonus?" column is TRUE), then "Outcome Bonus $" is the "Job Pay" for that project times the outcome bonus percentage in cell M12; otherwise, "Outcome Bonus $" is 0. - ANS-=if([select field for outcome bonus]=true, [select field with job pay][select filed with outcome bonus - be sure to enter a $ between the letter and number for time bonus because you do not want the bonus % to change], 0 Example =IF(J16=TRUE,K16M$12,0) ^^ Use the IF function to complete the "Comments" column of table 1. Display "Good Job" if both the "Hours Worked" are less than or equal to the "Estimated Hours" for a project and the assessed "Quality" of that project is greater than 1. Display "Too Much Time" if the "Hours Worked" on a project exceed the "Estimated Hours" for that project; otherwise, display "Poor Quality." - ANS-=if(and [use and here because it says if both][enter field for hours worked]<=[enter field for estimated hours],[enter field for quality]>1),"Good Job",IF(enter field hours worked]>[enter field estimated hours],"Too Much Time","Poor Quality")) Example =IF(AND(E16<=C16,H16>1),"Good Job",IF(E16>C16,"Too Much Time","Poor Quality")) ^^ Use the VLOOKUP function to complete the "Employee" column of table 2. Use "Job ID" from table 2 as your lookup_value(s) and table 1 as the reference table. - ANS- =vlookup([enter job id field], [enter range that covers the job id through the employee name], [tell the computer which column from the range would you pull the name from - in this case it is the 3rd column] Example: =VLOOKUP(B40,B$16:D$35,3) ^^ Use the VLOOKUP function to complete the "Difficulty" column of table 2. Again, use "Job ID" from table 2 as the lookup_value(s) and table 1 as the reference table. - ANS- =vlookup([enter job id field], [enter range that covers the job id through the difficulty
^remember the $ so the range doesn't change], [tell the computer which column from the range would you pull the name from - in this case it is the 6th column] Example: =VLOOKUP(B40,B$16:G$35,6) ^^ Use the COUNTIF function to complete the "# of Jobs" column in table 3. Reference the appropriate field in table 1 as your range and the "Employee" names in table 3 as your criteria. - ANS-=countif([enter range of table to include employee name - do not forget the $ between the letter and number so that the range does not change], enter field showing employee name) Example: =COUNTIF(B$16:D$35,G39) ^^ Use the SUMIF function to complete the "Total Hours" column in table 3. Reference the appropriate field in table 1 as your range and the "Employee" names in table 3 as your criteria. - ANS-=sumif([select range of employee name], select the field that holds the employee name in table 3,[select range of total hours]) Do not forget the $ to make sure the ranges do not adjust Example: =SUMIF(D$16:D$35,G39,E$16:E$35) ^^ Use the SUMIF function to complete the "Total Pay" column in table 3. Reference the "Employee" field in table 1 as your range, the "Employee" names in table 3 as your criteria, and the "Total Pay" field in table 1 as your sum_range. - ANS-=sumif([select range of employee name], select the field that holds the employee name in table 3,[select range of total pay]) Do not forget the $ to make sure the ranges do not adjust Example: =SUMIF(D$16:D$35,G39,N$16:N$35)
