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3 Formulas and Functions
in Excel 2016
Let’s surf
Types of Data in Excel Different Ways to Enter a Formula
Understanding Cell Range Cell Referencing in Formulas and its Types
References to Other Worksheets Functions
Let’s PLug-in
If in Maths, English, and Computer Science, you get 95, 85, and 90 marks, respectively, find out
your average marks and percentage of your exams.
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Excel is one of the most useful programs and can provide us a wide range of tools to work with data.
In this chapter, you will learn how to use formulas in Excel.
TYPES OF DATA IN EXCEL
In Excel, there are three different types of data that you can enter in a spreadsheet. These are:
Labels: A label is an important entry in Excel. The label is used to define
the information on the spreadsheet, i.e., heading of columns, titles and
names. It is any text besides phone numbers, numbers, formulas, etc.
We do not do any mathematical calculations on labels. Labels are
aligned on the left side of a cell.
Values or Numbers: Values are numeric data on which mathematical calculations are performed.
This type of data includes characters 0–9. The numbers are always aligned on the right side of
the cell.
Formula: A formula is a mathematical expression used to do simple and complex calculations of
the numeric data inserted in a cell or a range of cells. A formula always begins with an equal (=) sign
e.g. = A2 + B2.
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