- Although the if function is often used…in a simple and straightforward manner,…it also can handle more complex situations.…In this worksheet called "Nested If,"…there's a formula in cell I2 using the if function.…Simple, straightforward.…But, this company has decided to also give bonuses…to those who have a job rating of three.…And right now the formula only accommodates…those who have a job rating of four or five.…They get $2,500, all others get zero.…Now, what you wouldn't know necessary is…that the if function actually occurs,…or happens, left to right.…
When this is true, the answer is 2500,…the function is finished.…That's the answer, that's it.…But when this test fails,…imagine the logic jumping behind the second comma.…Now, we can put in another if here.…Now remember, the logic of if says…we don't even go here unless the job rating…is one, two, or three.…If it's a four or a five, we've got our answer already.…So, when we put in an if right here,…we're about to test for the job rating…being one, two, or three.…
Author
Released
12/10/2014- Using absolute, relative, and mixed references
- Using the Formula Builder
- Converting formulas to values
- Creating 3D formulas to gather data from multiple sheets
- 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
- Calculating payment
- Performing basic math
- Determining dates and times
- Editing text with functions
- Analyzing data with arrays
Skill Level Advanced
Duration
Views
Related Courses
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Excel for Mac 2011 Essential Training
with Curt Frye6h 32m Beginner -
Excel 2013: Shortcuts
with Curt Frye3h 16m Intermediate
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Introduction
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Welcome52s
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1. Formula and Function Tools
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2. Formula and Function Tips and Shortcuts
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3. IF and Related Functions
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4. Lookup and Reference Functions
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Nesting VLOOKUP functions3m 56s
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Locating data with MATCH5m 1s
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5. Statistical Functions
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6. Power Functions
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7. Selected Financial Functions
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8. Selected Math Functions
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9. Date and Time Functions
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10. Text Functions
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11. Array Formulas and Functions
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12. Reference Functions
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13. 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