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Ch 2 class notes - C hapter 2 Excel Formulas Chapter Skills...

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Chapter 2: Excel Formulas Chapter Skills Recall the four goals of good spreadsheet design: Copy and paste formulas using cell references entering cell references into formulas use absolute cell references in formulas use relative cell references in formulas use mixed cell references in formulas Construct formulas using correct order or operations (PEMDAS: P lease E xcuse M y D ear A unt S ally) Use references to assumption cells in formulas View all worksheet formulas Name & edit cell ranges Recognize the advantages of using named cell ranges in Excel formulas Use named cell ranges in formulas Recall common causes of the following error values: (For this chapter, you need to know cause(s) for only the first 3 error values listed below.) ####### (Introduced in Chapter 1) #NAME? #REF! #VALUE! (wait until Chapter 3 for this one) Recall three types of errors encountered in Excel formulas Troubleshoot formula errors using the Evaluate Formula feature Properly apply worksheet protection 1
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Chapter Vocabulary cell reference absolute cell reference relative cell reference mixed cell reference assumption cell “named” cell range (a.k.a. "range name") formula error value Chapter Demonstration 1 1. Open the practice file “ProductMix_exCh2_fall09.xlsx” that is posted on Blackboard. 2. Construct a formula in cell D7 that calculates the total product labor cost for Product 1.
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