Introduction to Formulas and Functions in Excel
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Formulas and functions are the bread and butter of Excel. They are the tools that let you perform calculations, analyze data, and make your spreadsheets work smarter for you.
Key Points
- Formulas are basic math equations you type into a cell to get a result;
- Functions are pre-built formulas that simplify complex calculations;
- A formula structure starts with an equal sign (
=), followed by the calculation including numbers, cell references, and operators; - Operators are symbols indicating calculations such as
+(addition),-(subtraction),*(multiplication),/(division) and^(exponents); - Operands are items in the formula such as numbers, cell references or other formulas;
- The order of operations in Excel follows BODMAS - Brackets, Orders, Division/Multiplication and Addition/Subtraction.
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