Join Dennis Taylor for an in-depth discussion in this video Creating and expanding the use of nested IF statements, part of Excel 2013: Advanced Formulas and Functions.
There are times when you're using the IF function when you want to provide more …than just two answers. Maybe three, maybe four. …In this worksheet, in column I, is a formula that tests to see if a job rating …is four or five, and when that's true, the answer is 2,000. …Otherwise blank, empty. This company has changed its mind and now …wants to give smaller bonuses to those with a job rating of 3. …Now, when you're looking at a function, you can't really observe what's happening …as it's actually being used, but the logic actually happens left to right.…
When this condition is true In other words, when the J2 entry is 4 or 5, the …answer's 2000, and you could say the logic stops, the function is over. …But when this condition fails, the logic goes after the 2000, and you could say …it's waiting right there. And so what we're about to do now is to …say, let's check and see if the job rating is 3. …And so we're putting in a second if, called a nested IF. …If this job rating equals 3 comma, when that's true, we're going to provide an …
Author
Released
5/16/2013- Displaying and highlighting formulas
- Converting formulas to values
- Creating 3D formulas to gather data from multiple sheets
- Understanding the hierarchy of operations in formulas
- Using absolute and relative references
- Creating and expanding the use of nested IF statements
- Looking up information with VLOOKUP, MATCH, and INDEX
- Using the power functions: COUNTIF, SUMIF, and AVERAGEIF
- Analyzing data with the statistical functions
- Performing basic math
- Calculating dates and times
- Editing text with functions
- Checking for errors with formulas
Skill Level Advanced
Duration
Views
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Introduction
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Welcome54s
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1. Formula and Function Tips and Shortcuts
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Auditing tools4m 38s
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2. Formula and Function Tools
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3. IF and Related Functions
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4. Lookup and Reference Functions
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Nesting lookup functions4m 11s
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Locating data with MATCH4m 35s
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5. Power Functions
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6. Statistical Functions
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7. Math Functions
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8. Date and Time Functions
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9. Array Formulas and Functions
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10. Reference Functions
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11. Text Functions
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12. Information Functions
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Conclusion
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Goodbye26s
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Video: Creating and expanding the use of nested IF statements