Category: Excel

RAND () is quite random, but for Monte Carlo simulations, may be a little too random (unless your doing primality testing). Most Monte Carlo simulations just require pseudo-random and deterministic sequences. As part of the Excel Analysis Tool. Pak RANDBETWEEN () may be all you need for pseudo-random sequences. According to Microsoft, the Rand () […]

BODMAS is the order in which the elements of an arithmetic expression are evaluated. Anything within brackets must be work out first and so on down the BODMAS list. Excel adheres to the BODMAS rule of arithmetic. Yet you have to be careful about how you explain to Excel exactly what it is you want […]

Excel helps in making sense out of numbers, thus forming business decisions backed by data. Excel has inbuilt templates which can be used for a variety of purposes. Templates falling under different categories like business, personal, planners and trackers, lists, budgets, charts, calendars etc. are available as free templates in Microsoft Excel. Using Excel in […]

If a Right formula does not work right in your worksheet, most likely it’s because of one of the following reasons: There is one or more trailing spaces in the original data. To quickly remove extra spaces in cells, use either the Excel TRIM function or the Cell Cleaner add-in. Why is my Excel formula […]

How to Save a Backup Copy of an Excel File Go to File> Save as > Computer on Excel. Click the Browse button. When the Save as dialog window pops up, click the drop-down button of the Tools button which is at the lower Among a couple of options, select General Options> Always create backup. […]

List of Most Popular Uses of Microsoft Excel in Business. Storing and Analyzing data in Excel. With the help of MS Excel, one can easily analyze a very large amount of data for checking the new trends. Make your work easier. MS Excel provides outstanding tools which help in saving out time by making our […]

Allowing Multiple Users to Edit Ranges in Microsoft Excel Open the workbook. Click on Protection tab. Click on Allow Users to Edit Ranges under changes group. “Allow users to Edit Ranges” dialog box will appear. Can multiple users edit the same Excel file at the same time? By default Excel files will be locked by […]

Excel workbooks often demonstrate unanticipated symptoms, especially if you are using graphics (like advanced charts) in your Excel sheets. The Excel file opens blank workbook error may occur if the graphics card of your computer won’t function properly due to problem with hardware acceleration. Microsoft Excel opens saved Excel file as blank workbook. Sometimes, when […]

In Excel, a formula is an expression that operates on values in a range of cells or a cell. For example, =A1+A2+A3, which finds the sum of the range of values from cell A1 to Cell A3. Why do we use dollar sign ( $) in Excel formulas? Why use dollar sign ($) in Excel […]

When evaluating a formula, Excel follows a standard math protocol called “order of operations”. In general, Excel’s order of operation follows the acronym PEMDAS (Parentheses, Exponents, Multiplication, Division, Addition, Subtraction) but with some customization to handle the formula syntax in a spreadsheet. When you combine several operations and functions into a single formula, Excel performs […]