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IMPORTANT ANNOUNCEMENTS !!!
• Homework #1 is due by 2/6/2015 (this Friday).
• Homework #2 has been posted and due by 2/13/2015.
• Start working on MyITLab: Lesson B, due by 2/9/2015.
• All the MyITLab/ HW’s are due by 11:59 pm on the due date specified.
• Record your attendance after 09:25 am (Section 3)/ 10:25 am (Section 5).
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OPEN LAB
• 219 Armstrong Hall
Monday 03:30 pm to 09:30 pm
Tue/ Wed/ Thu: 03:30 pm to 05:30 pm
Fri: 10:00 am to 06:00 pm
• G06 Lyon Tower (ERC – Towers)
Wed: 07:30 pm to 09:30 pm
• Open Lab online chat
Sun/ Tue/ Thu: 06:30 pm to 09:30 pm
http://cs101.wvu.edu/resources/help/open-lab-online/
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GRADEBOOK
• Under the course tools, you will find the option to view your grades.
• The points or the grades do not appear instantaneously.
• After the submission deadline, it will take time to process the MyITLab questions..
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TILL NOW…
• Cell, Cell addresses and Cell References• Formulas/ Function (start with = sign)• Workbook/ Formatting/ Print Options/
Importing Data• Basic Math and Statistical functions• Date and time functions• Logical functions (IF)
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BASIC MATH AND STAT FUNCTIONS
• SUM - Total amount spent on dining out• AVERAGE - Average amount spent on
iTunes to downloading music• MIN - Lowest time to run a mile this week• MAX - Highest electric bill in a year• COUNT - # of people attend an event• MEDIAN - Same as average
COUNT FUNCTION
• Identify the Total Number with COUNT.
• We have three variations:
– COUNT – excludes blank and N/A cells– COUNTBLANK – counts blank cells – COUNTA – excludes only blank cells.
BASIC MATH AND STAT FUNCTIONS
DATE FUNCTIONS
• Today• Now• Date• Day• Edate• Eomonth• Month• Year
LOGICAL FUNCTIONS
• Is value A equal to value B (A=B)• Is A greater than B (A>B)• Is A less than B (A<B)• Is A greater than or equal to B (A>=B)• Is A less than or equal to B (A<=B)• Is A not equal to B (A<>B)
• These are called Logical or Boolean operators because there can only be two possible answers in any given case - TRUE or FALSE.
LOGICAL ‘IF’ FUNCTIONS
• Most common logical function is the IF function.
• The function returns one value when a condition is met (TRUE) or returns another value when condition is not met (FALSE).
• =IF(Logical_Test , Value 1, Value 2)
LOGICAL ‘IF’ FUNCTIONS
• The RANK function returns the rank of a number in a list of numbers.
• Return value is a number that indicates rank.• = RANK (number, range, [order])
– number - The number to rank.– Range – Group of cells that contains the
numbers to rank against.– Order - [optional] Whether to rank in
ascending or descending order.
RANK FUNCTION
• The Excel PMT (payment) Function is a really simple to use but highly useful Financial Function used to calculate the repayment amount on a loan.
• Suppose you purchased a car and the details
– Total Cost: 30,000 $– Initial Down payment: 4,000 $– Rate of Interest (Annual): 6%– No: of years: 5
FINANCIAL FUNCTIONS - THE PMT
• Need to know how much I need to pay per month…?
• =PMT (rate, nper, pv, [fv]. [type])– Rate (Annual): 6 % and No: of years: 5– But the rate and nper is per month in the syntax
• So Rate = 6% divided by 12 = 0.5% per month• No: of years (in months) = 5 x 12 = 60 months.
FINANCIAL FUNCTIONS - THE PMT
• VLOOKUP function and wrap up the functions.
• Basics of Charts.
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