WGU C268 Spreadsheets Guaranteed Pass

Spreadsheets Study Guide for WGU C268 | Practice Exam Solutions PMT function - answer - calculates the periodic payment for a loan with a fixed interest rate and fixed term =PMT(rate,nper,pv) Interest rate (divided by 12 months), the number of payments to be made to pay off the loan, the original loan amount. HLOOKUP function - answer - A lookup function that searches horizontally across the top row of the lookup table and retrieves the value in the column you specify. =HLOOKUP(lookup_value, table_array, col_index_num, range_lookup) Lookup information, the location of the reference table, the column in the table that contains the information that is returned, true if an approximate match is OK and FALSE if an approximate match is not okay. AND function - answer - Combines Boolean expressions to determine if ALL of the combined expressions are TRUE. =AND(logical1, [logical2],...) First Boolean expression, second Boolean expression (as needed), additional Boolean expression(s) as needed OR function - answer - Combines Boolean expressions to determine if ANY of the combined expressions are TRUE. =OR(logical1, [logical2],...) First Boolean expression, second Boolean expression(as needed), additional Boolean expressions (as needed) VLOOKUP function - answer - Returns the related value from the specified column after finding the match in the first column. =VLOOKUP(lookup_value, table_array, col_index_num, range_lookup) COUNTIF function - answer - Determine (count) the number of cells within a range of cells that contain a specific value. =COUNTIF(range,criteria) The range of cells within which to count the number of matches, the specific value to match the cells in the specific range SUMIF function - answer - Calculates the total sum for a set of values that match a specific criterion. =SUMIF(range,criteria,[sum_range]) The range of cells within which to search for a match to the criterion, the specified criterion used to find the matches, the range of cells to be included when the total is calculated LEN function - answer - LEN (text) - returns the length, in number of characters, of a block of text =LEN(text) The block of text or reference to the cell that contains the block of text SEARCH function - answer - SEARCH (find_text,within_text, [start_num]) - returns the position of a specific character, word, or phrase within a block of text =SEARCH(find_text, within_text) The characters to find within the block of text, the block of text or reference to the cell that contains the block of text LEFT function - answer - LEFT (text,[num_chars]) - returns a specified number of characters starting from the beginning of a block of text =LEFT(text, [num_chars]) The cell reference that contains the block of text, the cell reference of the number of characters to return, starting with the first character RIGHT function - answer - RIGHT(text,[num_chars]) - returns a specified number of characters starting from the end of a block of text =RIGHT(text, [num_chars]) The cell reference that contains the block of text, the cell reference of the number of characters to return, starting with the last character. MID function - answer - MID(text,start_num,num_chars) - returns a specified number of character from the middle of a block of text =MID(text, start_num, num_chars) The cell reference that contains the block of text, the location of where to begin returning characters from the block of text, this number of characters to return MONTH function - answer - MONTH (serial_number) - returns the month portion of a date (a number between 1 and 12) CONFIDENCE.NORM function - answer - The confidence interval or range of values that we believe the "true" population value falls into. =CONFIDENCE.NORM(alpha, standard_dev, size) The value of the alpha, or 100% minutes the confidence percentage (100-5=95%), size of the sample CORREL function - answer - Calculates the correlation coefficient of two data series. =CORREL(array1