1. Advanced Functions in Excel – Part #2 In-Class Exercise #6
“Database” Functions
Recall our past experience with “data lists” (i.e., tables)
If data is prepared in a “list,” then we can use the “Database” functions to filter and summarize data
e.g., subtotal, average, min, max
Steps
Prepare the data list
Prepare a “criteria” range to list filter elements
Create formulas using the Database function(s)
Example

3. Advanced Functions in Excel – Part #2 (cont.)
“Lookup” Functions
Purpose: Automates the process of “looking up” a value in a table
A non technical example:
 Phone book: Look for name in one column, then find phone number in the adjacent column
Excel example

4. Examples: Lookup Function
VLookup function: syntax
Vlookup(Lookup_value, Lookup Table, Column Number, Range_lookup)
Example #1
Vlookup(“D430”, PriceList, 2, False)
 3450
Vlookup(“J480”, PriceList, 2, False)
 1200
Vlookup(“F100”, PriceList, 2, True)
 Looks for largest value in column 1 that is <= F100
 999

5. Examples: Lookup Function (cont.)
VLookup function: syntax (cont.)
Example #2
Vlookup(.87, Grades, 2, False)
 B+
Vlookup(.86, Grades, 2, False)
 #NA
Vlookup(.86, Grades, 2, True)
 Looks for largest value in column 1 that is <= .86
 B
Note: There is also a HLookup function

6. Advanced Functions in Excel In-Class Exercise #6 (cont.)
Activities
Enhance a financial worksheet using
IF function
Scenario Manager
Use Database functions to analyze a data list
Use VLookup function to categorize data
Start exercise!!!

7. MBA 572: Hands-On Exam #1
Exam will cover topics/skills from in-class exercises # 1-6
Format: Exam will consist of several short “hands on” exercises
Desirable: Know skills well enough to be able to perform skills without having to take a lot of time
Work individually
Allowable reference items
Excel textbook
Excel “Help” facility
May not use Excel files, any other type of electronic files, or classmates
Review strategy
Refresh on skills you did for in-class exercises
Refer to tutorial examples, if needed