Exam 2: Formulas and Functions

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Match the example with the function or feature:
Return 30 from the list: 29, 47, 21, 52, 1
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Return 52 from the list: 29, 47, 21, 52, 1
AVERAGE
1,2,3,4,5
MEDIAN
Correct Answer:
Verified
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Responses:
Return 30 from the list: 29, 47, 21, 52, 1
Sort descending
Return 52 from the list: 29, 47, 21, 52, 1
AVERAGE
1,2,3,4,5
MEDIAN
Return 29 from the list: 29, 47, 21, 52, 1
MAX
Winona Lake, Winchester, Perrysburg, Clear Spring
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(Matching)
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The ________ function is similar to the TODAY()function, except that it also returns the system time.

(Short Answer)
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What do you use to separate arguments in a function?

(Multiple Choice)
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The most used logical function is the IF function.

(True/False)
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Which function would you use to find the oldest date in a range?

(Multiple Choice)
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The MIN and MAX functions can be used with ________ as well as numbers.

(Short Answer)
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If you wanted to reference a cell in a formula and you did not want that cell to change when copying and pasting you would use what kind of reference?

(Multiple Choice)
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In a lookup table, the number of the column which contains the return values is called the ________.

(Short Answer)
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Functions can be selected by using the ________.

(Multiple Choice)
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The test in an IF function must evaluate to either a True or a False.

(True/False)
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What will you see if you enter the TODAY function without the parenthesis?

(Multiple Choice)
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Which of the following is not an argument associated with the IF function?

(Multiple Choice)
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Match the following terms with their description:
Quick Analysis
Matches letters as you type
Logical test
Evaluates to True or False
Function ScreenTip
Can be used to apply formatting and insert basic functions
Correct Answer:
Verified
Premises:
Responses:
Quick Analysis
Matches letters as you type
Logical test
Evaluates to True or False
Function ScreenTip
Can be used to apply formatting and insert basic functions
Syntax
A set of rules
Formula AutoComplete
Pop-up description
(Matching)
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If A9>B7 is the test in an IF function, ________ would result in the same results as long as the value if true and the value if false arguments are switched.

(Short Answer)
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What function computes the value in which one-half of the data is above and one-half is below.

(Multiple Choice)
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In a mixed reference you can put the dollar sign ($)in front of the column or row indicator.

(True/False)
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When working with dates, Excel actually assigns ________ numbers to each date.

(Short Answer)
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________ is a set of analytical tools that appears when you select a range.

(Short Answer)
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The two optional arguments in the PMT function allows the function to be used with variable loans.

(True/False)
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What type of cell reference should be used when a value remains constant?

(Multiple Choice)
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