How to use Excel formulas and functions

One of the most commonly used Microsoft programs, Excel is highly useful for data collecting, processing, and analysis. To fully harness Excel’s powers, though, you need to make use of formulas.

Excel formulas allow you to perform calculations, analyze data, and return results quickly and accurately. The usefulness of formulas is even greater once you start dealing with large data sets. With the correct formula, Excel can process vast amounts of information in a matter of seconds.

What is a formula in Excel?

A formula is an expression that operates on values in a range of cells in Excel. Using formulas, you can perform calculations and data analysis on the contents of the cells. Formulas can be as simple as adding a column of numbers together or as complex as returning the kurtosis of a data set. They can be incredibly useful when you want to turn spreadsheet data into meaningful information for driving business decisions.

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