By Ivana Taylor
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Extra resources for Excel for Marketing Managers
2. Hit the Up-arrow key four times to move to cell B3. 3. Type the Asterisk. 4. Hit the Up-arrow key two times to move to cell B5. 5. Type Enter. Calculation Operators These are the calculation operators: Plus sign: + for addition Minus sign: – for subtraction Asterisk: * for multiplication Forward slash: / for division or fractions Carat: ^ for exponents or roots Ampersand: & to join text 3D4A1437-6F26-4B04-83EC-21A40FA63231 Parentheses: () 30 to control order of operations Excel for Marketing Managers Formulas 101 Here are examples of how each is used.
Hit F4 again to toggle to =$D1. Hit F4 again to toggle back to a relative reference of =D1. Table 4 Table showing cycle pattern of reference states Pressing F4 Result Reference Status Initial state =D1 Absolute Press F4 once =$D$1 Relative Press F4 twice =D$1 Mixed (fixed column) Press F4 three times =$D1 Mixed (fixed row) Press F4 four times =D1 Relative Replacing a Thousand Formulas with One Here’s the Situation 3D4A1437-6F26-4B04-83EC-21A40FA63231 You have data that has 5000 records with quantity and unit price.
In English, this would be Excel’s secret shorthand code to make sure that a copied formula always points to a particular cell or range. Here’s the Situation Formulas The worksheet below shows a variety of actual sales figures for several models. 05 in cell C4 and copy it to all of the other cells. Figure 71 Calculating forecasted sales by copying the same formula to a range of cells using a relative reference and a fixed multiplicand You probably take it for granted, but it is slightly amazing that Excel converts the reference to “B4” in cell C4 to be “C5” when this formula is copied to cell D5.