Excel functions, page 3

Excel PPMT function with formula examples

When you make periodic payments on a loan or mortgage, a certain part of each payment goes towards the interest and the remainder is applied to the loan principal. In this tutorial, we will look at how to use the PPMT function to calculate the principal portion of the payment. Continue reading

Excel CELL function with formula examples

The fastest way to get some specific information about a cell in Excel is to use the CELL function. Among other things, it can tell you whether a cell is protected or not, retrieve the cell address and value, show a full path to the workbook that contains the cell, and a lot more. Continue reading

How to do Spearman correlation in Excel

When doing correlation analysis in Excel, in most cases you will deal with the Pearson correlation. But when the underlying assumptions of the Pearson correlation (continuous variables, linearity, and normality) are not met, you can do the Spearman rank correlation instead of Pearson's. Continue reading

Correlation in Excel: coefficient, matrix and graph

One of the simplest statistical calculations that you can do in Excel is correlation. Though simple, it is very useful in understanding the relations between two or more variables. Microsoft Excel provides all the necessary tools to run correlation analysis, you just need to know how to use them. Continue reading

Excel IF OR function with formula examples

IF is one of the most popular Excel functions and very useful on its own. Combined with the logical functions such as AND, OR, and NOT, the IF function has even more value because it allows you to test multiple conditions in desired combinations. Continue reading