Excel Template: Histogram Builder with Adjustable Bin Sizes

If you work in consulting or some other profession that requires you to analyze data, sooner or later, you'll need to build a histogram.  This is because the histograms is one of the most effective methods to visualize and understand a data set.  Averages, sums, and counts are calculations that only tell you part of ... Continue Reading >>

How to Use VLOOKUP’s Range Lookup Feature

The vast majority of Excel users have never used VLOOKUP's range lookup feature.  Most Excel users familiar with the VLOOKUP formula are just conditioned to know that, when they get to the range lookup option portion of the VLOOKUP syntax, they should just put in the word "FALSE" because they want an exact match.  This ... Continue Reading >>

How to Write a Nested IF Statement in Excel

Writing a Nested IF Statement is widely considered a rite of passage for beginning Excel users who are looking to become more advanced.  The first time I used this technique was during my new employee training, right before I became a business analyst in management consulting.  The overall concept of writing a Nested IF is ... Continue Reading >>

How to Use the MATCH Formula in Excel: Three Practical Examples

Excel's MATCH formula is an extremely useful yet underutilized function within Excel's toolkit of formulas.  The reason people underestimate its value is because the MATCH formula's primary objective is fuzzy and ambiguous.  Without the proper context, its usefulness and potential applications are not obvious. The MATCH Continue Reading >>

How to Use the Excel MATCH Formula to Assign Histogram Bins

One of the most annoying things to have to do in Excel is writing a Nested IF statement.  For those of you that haven't done this before, a Nested IF is basically a long formula with multiple IF conditions that you need to account for.  The most common usage of this formula is to assign ... Continue Reading >>