Using multiple IF functions, we can create a formula to check multiple conditions and perform different calculations depending on what amount range the specified quantity falls in. Sellers frequently provide a discount based on the quantity purchased. If a cell is blank, the formula will assign the status вЂњopen.вЂќ However, if a cell contains a date, then the formula will assign a status of вЂњclosed.вЂќ The formula used is: In Column B, we will use a formula to check if the cells in Column C are empty or not. In the worksheet above, we listed AGM-related tasks in Column A. Suppose we wish to test a cell and ensure that an action is taken if the cell is not blank. You can see exactly how the Excel IF statement works in the simple example below.Дownload the simple XLS template. If the argument is true, then we want to return some text stating вЂњYes it isвЂќ, and if itвЂ™s not true, then we want to display вЂњNo it isnвЂ™tвЂќ. We want to test if the value in cell C2 is greater than or equal to the value in cell D2. Suppose we wish to do a very simple test. To understand the uses of the Excel IF statement function, letвЂ™s consider a few examples: Example 1 вЂ“ Simple Excel IF Statement When using the IF function to construct a test, we can use the following logical operators: Value_if_false (optional argument) вЂ“ The value that will be returned if the logical_test evaluates to FALSE.Value_ if_true (optional argument) вЂ“ The value that will be returned if the logical_test evaluates to TRUE.Logical_ test (required argument) вЂ“ This is the condition to be tested and evaluated as either TRUE or FALSE.The function uses the following arguments: =IF(logical_test, value_if_true, value_if_false) We can also nest multiple IF functions together to perform multiple comparisons. We can also use mathematical operators and perform additional calculations, depending on our criteria. It is not limited to only checking if one thing is equal to another and returning a single result. The function can be used to evaluate text, values, and even errors. Multiple IF statements in Excel are known as nested IF statements.ДЄs a financial analyst, the IF function is used often to evaluate and analyze data by evaluating specific conditions. We can also use the IF function to evaluate a single function, or we can include several IF functions in one formula. For example, if sales total more than $5,000, then return a вЂњYesвЂќ for Bonus вЂ“ Otherwise, return a вЂњNoвЂќ for Bonus. We have seen it here in action through three different examples, but what you can do with it is only limited by your creativity.The Excel IF Statement tests a given condition and returns one value for a TRUE result and another value for a FALSE result. If you need to analyse data, then the IF statement in Excel is pretty useful. It seems that four of them will get a bonus for this period! Conclusion So let's check each of their gains against the average with this formula: In this group, if they where able to sell more then the average they get a bonus. In this third example, let's consider what a group of salespeople where able to sell in a certain period. =IF(H$1='male', IF(OR(J2D2), 'ABNORMAL', 'normal'), IF(OR(J2D3), 'ABNORMAL', 'normal')).ДЇor the white blood cell count and platelet count there is no difference based on the patient's sex, so the formula is simpler: Put together, the formula looks like this: If it is outside the range, we return ABNORMAL, and if it's inside the range, we return normal. In this case we use it to check if the test result is below the lower value of the range or above the upper value of the range. The OR function returns true if at least one of the arguments is true, and false if none of the arguments are true. If the patient is female, we use IF(OR(J2D3), 'ABNORMAL', 'normal'). We can write this in excel as IF(B2D2), 'ABNORMAL', 'normal'). A passing score is 60, so if the students received less than 60 that means they failed the exam, otherwise they passed it. We want to mark each student as passing or failing on the exam, and we can use an IF statement to check if their score is below or above the passing score. Let's say that we have a list of students and the scores they got on an exam, like this: Let's see how we can use the IF statement in practice so we can better understand how it works. value_if_false is an optional argument that determines the value in the case that logical_test is false.value_if_true is an optional argument, and it is what the expression evaluates to in case logical_test is true, and.logical_test is an expression that evaluates to TRUE or FALSE,.

The syntax is IF(logical_test,, ), where: If you are analysing data in Excel and need to set the value of a cell conditionally, you can use an IF statement to do so.

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