McFedries P. - Excel 2016 Formulas and Functions

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Paul McFedries

800 East 96th Street
Indianapolis, Indiana 46240 USA

Excel 2016 Formulas and Functions

Copyright 2016 by Pearson Education, Inc.

All rights reserved. No part of this book shall be reproduced, stored in a retrieval system, or transmitted by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher. No patent liability is assumed with respect to the use of the information contained herein. Although every precaution has been taken in the preparation of this book, the publisher and author assume no responsibility for errors or omissions. Nor is any liability assumed for damages resulting from the use of the information contained herein.

ISBN-13: 978-0-7897-5564-3
ISBN-10: 0-7897-5564-5

Library of Congress Control Number: 2015944776

Printed in the United States of America

First Printing: October 2015

Editor-in-Chief
Greg Wiegand

Acquisitions Editor
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Paul McFedries is an Excel expert and full-time technical writer. Paul has been authoring computer books since 1991 and has more than 85 books to his credit, which combined have sold more than 4 million copies worldwide. His titles include the Que Publishing books My Office 2016, Windows 10 In Depth (with coauthor Brian Knittel), and PCs for Grownups, as well as the Sams Publishing book Windows 7 Unleashed. Paul is also the proprietor of Word Spy (www.wordspy.com), a website devoted to lexpionage, the sleuthing of new words and phrases that have entered the English language. Please drop by Pauls personal website at www.mcfedries.com or follow Paul on Twitter, at twitter.com/wordspy.

To Karen

Substitute damn every time youre inclined to write very; your editor will delete it and the writing will be just as it should be.

Mark Twain

I didnt follow Mark Twains advice in this book (the word very appears throughout), but if my writing still appears just as it should be, then its because of the keen minds and sharp linguistic eyes of the editors at Que. Near the front of the book youll find a long list of the hard-working professionals whose fingers made it into this particular paper pie. However, there are a few folks I worked with directly, so Id like to single them out for extra credit. A big, heaping helping of thanks goes out to acquisitions editor Michelle Newcomb, development editors Todd Brakke and Joyce Nielsen, project editor Lori Lyons, copy editor Kitty Wilson, compositor Nonie Ratcliff, and technical editor Bob Umlas.

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The old 80/20 rule for softwarethat 80% of a programs users use only 20% of a programs featuresdoesnt apply to Microsoft Excel. Instead, this program probably operates under what could be called the 95/5 rule: Ninety-five percent of Excel users use a mere 5% of the programs power. On the other hand, most people know that they could be getting more out of Excel if they could only get a leg up on building formulas and using functions. Unfortunately, this side of Excel appears complex and intimidating to the uninitiated, shrouded as it is in the mysteries of mathematics, finance, and impenetrable spreadsheet jargon.