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Excel Statistical Analysis 03: Comprehensive Worksheet Formula & Model Building Video

Download Excel File: https://excelisfun.net/files/Ch01-ESA.xlsm
Learn the fundamentals of Excel worksheet formulas, functions and how to build worksheet models.
Topics:
(00:00) Introduction
(00:19) Topics in video
(00:45) Worksheet Formula Elements: what can go into a formula
(01:57) Excel Formula Order of Operations
(03:23) Guidelines for building Excel Worksheet Formula Models
(03:57) Number Formatting as a Façade and how it can lead to misleading models if it is not understood
(05:48) The power of General Number Formatting as an eraser, including keyboard shortcut
(07:00) When you must use the ROUND function rather than Number Formatting
(11:49) Excel’s Golden Rule
(12:20) Building an Excel Worksheet Formula Model
(15:15) ISNA and FORMULATEXT functions to document model.
(19:10) Summary of Formula Types
(21:23) Example of Number, Text and Logical Formulas
(24:50) Example of Aggregate Formula and Single Input-Output Formula. Using AVERAGE, COUNT, COUNTA and ROWS functions.
(28:26) Examples of Dynamic Spilled Array Formulas (only available in Microsoft 365 Excel). Compare and contrast this new school way of making formulas with the old school way.
(29:34) Example of Relative and Absolute Cell References. This is the Old School way to make formulas
(31:30) Dynamic Spilled Array Formula. This new school method is MUCH easier than the older methods
(32:37) Three reasons Dynamic Spilled Array Formula are more efficient than the old methods
(34:37) Second example of Dynamic Spilled Array Formula, including Spilled Range Operator #
(35:07) Example of Scalar Array Formula
(36:38) How Excel Table Column Formulas are different than Single Input-Output Formulas and Dynamic Spilled Array Formulas.
(40:00) % of Total and % Change Formulas. Dynamic Spilled Array Formula and Old School Methods.
(42:28) Video Summary
(43:00) Conclusion and Video Links

Further Help

I offer limited consulting services to potentially assist you with data challenges, whether it's designing a complex Excel formula, writing a macro or building a whole new process for data capture, modeling and analysis.  Contact me if you have a need.