When it comes to working with dates, Excel may be a very helpful tool. You are able to perform computations based on dates thanks to the robust built-in formulas that this tool provides. The need to determine the number of years, months, or days that have passed since a pair of provided dates is a common example of a circumstance in which you could be required to make calculations with dates. If you want to compute the number of years a person has worked for your organization and you know both the date they started and the date they left ... Read More

When discussing the employment of any worker, the word Tenure will come up more frequently in discussion. The length of time that an individual has worked for one particular employer is referred to as their tenure. Simply said, an employee's length of service is what is meant by the term "tenure." Excel can be of assistance to us when it comes to calculating tenure or the average tenure of an employee. If you are the one in charge of people tracking in our company or department, you could be wondering if you can use Excel to determine the number ... Read More

The calculation of the cumulative or running total is used to watch the summation of numbers which is updated every time when a new number is entered into the sequence in an excel sheet. In this tutorial, you will learn how to calculate the cumulative or running total of a column in an Excel sheet. Calculating the Cumulative Sum of a Column in an Excel Sheet Using the formulas, you can get the cumulative total or running total of a column in a Microsoft excel sheet. Kindly follow the below steps to understand this clearly. Step 1 Open a Microsoft ... Read More

In this tutorial, we will demonstrate how you can calculate the price of a zero coupon bond, the price of an annual coupon bond, and the price of the semi-annual coupon bond in an Excel sheet. Calculating the Price of a Zero Coupon Bond in Excel Consider an example, there is a 10 years bond and the value is 5000, and the rate of interest is 7.5 %. Before the maturity date, the bondholder cannot get any coupon. You can calculate the price of the zero bonds using the formula. Step 1 Open an Excel sheet and enter the data ... Read More

If you want to calculate the average speed and how much time you will spend going from one place and another by bicycle, then you need to know the average speed when you drive a bike. For an instance, consider you have recorded the time and distance at the time of traveling, now with that data, you can calculate the average bicycle speed – the average rate of change in an Excel sheet. Follow the steps given below to calculate the average rate of change in an Excel sheet. Step 1 Open a Microsoft excel sheet and enter the ... Read More

It is quite easy to find the average in a column based on the criteria in another column in an Excel sheet. In this tutorial, we will show how you can do it in just two simple steps. Step 1 Open a Microsoft excel sheet, and enter the data as per your wish below I have considered this data as shown in the below screenshot for your reference. Here the excel contains the date, region and the values for the sales. Step 2 Now you need to select a blank cell in an excel sheet and enter the below ... Read More

The usage of absolute numbers to distinguish between occurrences like "Decline, " "Boost, " and "Payment, " among other things, is rather prevalent among users. When just the difference between the two numbers is required or requested in a spreadsheet, the Excel absolute difference between the two values is provided. The ABS function in Excel will return the absolute value of any difference or number that is provided. To calculate the absolute difference between two values, we may make use of a variety of different formulae, including IF, MAX, and MIN, as well as a VBA Custom Function. In layman's ... Read More

This same standard error would be a crucial statistic that serves as a parameter. But are you able to determine it throughout the process of sampling and distribution. A standard error of measurement, often known as the SEM, is indeed a statistical measurement which also provides an approximation of the difference between both the sample mean of the data and the actual population mean. You are aware that the Standard Error is equal to the Standard Deviation divided by the Square Root of the Total Number of Samples; hence, we can convert this into an Excel formula by writing Standard ... Read More

A number's standard deviation gives you an idea of how much it deviates from the average of all the values in the sample. The fact that each of the numbers is identical to the others indicates that there is no variance. As a direct consequence of this, the numbers have just a standard deviation that is equal to zero. The STDEV function has been around for a very long time. The new STEDV.S function, which is included in Microsoft Excel and provides the same exact result, is the one that the software company advises using. We can compute the standard ... Read More

When we go shopping, we always make sure to pay the sales tax, with the exception of when we buy duty-free products. But do you have any idea how much in sales tax you've already paid? There may be times when you are provided with a price that does not include the applicable taxes. Under these conditions, all that is required to determine the amount of sales tax owed is to multiply the selling price by the tax rate that is in effect. Step 1 Here, you get your pay check and are required to pay a tax to ... Read More