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Microsoft Office Excel 2007 Formulas & Functions for Dummies (ISBN - 0470046554) PDF

386 Pages·2007·9.16 MB·English
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by Ken Bluttman and Peter Aitken Microsoft ® Office Excel ®2007 Formulas & Functions FOR DUMmIES ‰ 01_046555 ffirs.qxp 12/26/06 7:52 PM Page i 01_046555 ffirs.qxp 12/26/06 7:52 PM Page iv by Ken Bluttman and Peter Aitken Microsoft ® Office Excel ®2007 Formulas & Functions FOR DUMmIES ‰ 01_046555 ffirs.qxp 12/26/06 7:52 PM Page i Microsoft Office® Excel® 2007 Formulas and Functions For Dummies® Published by Wiley Publishing, Inc. 111 River Street Hoboken, NJ 07030-5774 www.wiley.com Copyright © 2007 by Wiley Publishing, Inc., Indianapolis, Indiana Published by Wiley Publishing, Inc., Indianapolis, Indiana Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as per- mitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600. Requests to the Publisher for permission should be addressed to the Legal Department, Wiley Publishing, Inc., 10475 Crosspoint Blvd., Indianapolis, IN 46256, (317) 572-3447, fax (317) 572-4355, or online at http://www.wiley.com/go/permissions. Trademarks: Wiley, the Wiley Publishing logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com, and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries, and may not be used without written permission. Microsoft and Excel are reg- istered trademarks of Microsoft Corporation in the United States and/or other countries. All other trade- marks are the property of their respective owners. Wiley Publishing, Inc., is not associated with any product or vendor mentioned in this book. LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: THE PUBLISHER AND THE AUTHOR MAKE NO REP- RESENTATIONS OR WARRANTIES WITH RESPECT TO THE ACCURACY OR COMPLETENESS OF THE CONTENTS OF THIS WORK AND SPECIFICALLY DISCLAIM ALL WARRANTIES, INCLUDING WITHOUT LIMITATION WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE. NO WARRANTY MAY BE CRE- ATED OR EXTENDED BY SALES OR PROMOTIONAL MATERIALS. THE ADVICE AND STRATEGIES CON- TAINED HEREIN MAY NOT BE SUITABLE FOR EVERY SITUATION. THIS WORK IS SOLD WITH THE UNDERSTANDING THAT THE PUBLISHER IS NOT ENGAGED IN RENDERING LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL SERVICES. IF PROFESSIONAL ASSISTANCE IS REQUIRED, THE SERVICES OF A COMPETENT PROFESSIONAL PERSON SHOULD BE SOUGHT. NEITHER THE PUBLISHER NOR THE AUTHOR SHALL BE LIABLE FOR DAMAGES ARISING HEREFROM. THE FACT THAT AN ORGANIZATION OR WEBSITE IS REFERRED TO IN THIS WORK AS A CITATION AND/OR A POTENTIAL SOURCE OF FUR- THER INFORMATION DOES NOT MEAN THAT THE AUTHOR OR THE PUBLISHER ENDORSES THE INFOR- MATION THE ORGANIZATION OR WEBSITE MAY PROVIDE OR RECOMMENDATIONS IT MAY MAKE. FURTHER, READERS SHOULD BE AWARE THAT INTERNET WEBSITES LISTED IN THIS WORK MAY HAVE CHANGED OR DISAPPEARED BETWEEN WHEN THIS WORK WAS WRITTEN AND WHEN IT IS READ. For general information on our other products and services, please contact our Customer Care Department within the U.S. at 800-762-2974, outside the U.S. at 317-572-3993, or fax 317-572-4002. For technical support, please visit www.wiley.com/techsupport. Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. Library of Congress Control Number: 2006939512 ISBN: 978-0-470-04655-5 Manufactured in the United States of America 10 9 8 7 6 5 4 3 2 1 01_046555 ffirs.qxp 12/26/06 7:52 PM Page ii About the Authors Ken Bluttman has been working as a software developer for nearly two decades. Ken specializes in VB.Net/VBA/database/web applications. He has written several articles on various computer topics including Office/VBA development, XML, SQL Server, and InfoPath. He has a number of books out on Excel and Access. Ken lives in New York with his wife, son, dog, hamster, some frogs, and a couple of geckos. Peter Aitken has been writing about computers and programming for over 15 years. He has more than 45 books to his credit with over 1.5 million copies in print, and also has extensive experience writing software documentation, online help, and magazine and trade-publication articles. Some recent book titles are Managing Your Money and Investment with Excel, Powering Office XP with XML, Excel PivotTables and Charts, and Visual Basic.NET Programming with Peter Aitken. He is the proprietor of PGA Consulting, providing custom application development and technical writing services since 1994. 01_046555 ffirs.qxp 12/26/06 7:52 PM Page iii 01_046555 ffirs.qxp 12/26/06 7:52 PM Page iv Dedications Dedicated to all the Excel users in the world! Keep up the good work. Also, I wish to put a special note here for my dog, Chestnut, who kept me company when writing in the wee hours of the morning. –– Ken Bluttman To my wife Maxine, for her unflagging support and devotion. –– Peter Aitken Authors’ Acknowledgments Much activity goes on behind the scenes in bringing a book from idea to reality. Many people are involved. We wish to thank the great Wiley staff — Tom Heine, Courtney Allen, Tonya Cupp, and everyone else on the Wiley team — for all their hard work! A special thanks to Doug Klippert for handling the technical review of the book. He is one sharp Excel guy! –– Peter G. Aitken and Ken Bluttman Thanks to co-author Peter Aitken for his contributions, insights, and sugges- tions. Special thanks to my family for understanding that, at times, sitting in front of a computer is a priority, even when it means I have to miss some- thing special. But darn I did miss watching some fun movies (sigh). –– Ken Bluttman 01_046555 ffirs.qxp 12/26/06 7:52 PM Page v Publisher’s Acknowledgments We’re proud of this book; please send us your comments through our online registration form located at www.dummies.com/register/. Some of the people who helped bring this book to market include the following: Acquisitions, Editorial, and Media Development Project Editor: Tonya Maddox Cupp (Previous Edition: Jade L. Williams) Acquisitions Editors: Tom Heine, Courtney Allen Technical Editor: Doug Klippert Editorial Manager: Robyn Siesky Business Manager: Amy Knies Media Development Specialists: Angela Denny, Kate Jenkins, Steven Kudirka, Kit Malone Media Project Supervisor: Laura Moss Media Development Manager: Laura VanWinkle Editorial Assistant: Laura Sinise Sr. Editorial Assistant: Cherie Case Cartoons: Rich Tennant (www.the5thwave.com) Composition Services Project Coordinator: Erin Smith Layout and Graphics: Karl Brandt, Barbara Moore, Laura Pence, Alicia B. South, Julie Trippetti Proofreaders: John Greenough, Techbooks Indexer: Techbooks Anniversary Logo Design: Richard Pacifico Publishing and Editorial for Technology Dummies Richard Swadley, Vice President and Executive Group Publisher Andy Cummings, Vice President and Publisher Mary Bednarek, Executive Acquisitions Director Mary C. Corder, Editorial Director Publishing for Consumer Dummies Diane Graves Steele, Vice President and Publisher Joyce Pepple, Acquisitions Director Composition Services Gerry Fahey, Vice President of Production Services Debbie Stailey, Director of Composition Services 01_046555 ffirs.qxp 12/26/06 7:52 PM Page vi Contents at a Glance Introduction .................................................................1 Part I: Putting the Fun in Functions...............................5 Chapter 1: Tapping into Formula and Function Fundamentals....................................7 Chapter 2: Saving Time with Function Tools ................................................................37 Chapter 3: Saying “Array!” for Formulas and Functions..............................................53 Chapter 4: Fixing Formula Boo-Boos..............................................................................63 Part II: Counting on Your Money..................................79 Chapter 5: Calculating Loan Payments and Interest Rates.........................................81 Chapter 6: Appreciating What You’ll Get, Depreciating What You Got .....................97 Chapter 7: Using Basic Math Functions.......................................................................113 Chapter 8: Advancing Your Math .................................................................................131 Chapter 9: Throwing Statistics a Curve.......................................................................149 Chapter 10: Using Significance Tests ...........................................................................185 Part III: Doing the Math............................................195 Chapter 11: Rolling the Dice on Predictions and Probability ..................................197 Chapter 12: Dressing Up for Date Functions...............................................................215 Chapter 13: Keeping Well-Timed Functions ................................................................233 Chapter 14: Using Lookup, Logical, and Reference Functions .................................241 Chapter 15: Digging Up the Facts .................................................................................269 Part IV: Working with Data.......................................283 Chapter 16: Writing Home about Text Functions .......................................................285 Chapter 17: Playing Records with Database Functions.............................................311 Part V: The Part of Tens ............................................323 Chapter 18: Ten-Plus Tips for Working with Formulas ..............................................325 Chapter 19: Ten-Plus Functions You Really Should Know.........................................339 Index .......................................................................347 02_046555 ftoc.qxp 12/26/06 7:52 PM Page vii 02_046555 ftoc.qxp 12/26/06 7:52 PM Page viii

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