Final answer:
The formula bar is used in spreadsheet software such as Excel to enter and edit formulas that perform calculations on data within the spreadsheet. The statement is completely false.
Step-by-step explanation:
The statement that the formula bar is used to do calculations is false. The formula bar is actually a feature in spreadsheet software such as Microsoft Excel, and it is used to enter and edit formulas that perform calculations on data within the spreadsheet. These formulas can include math operations, functions, and references to other cells.
For example, in Excel, you can use the formula bar to enter a formula like '=A1+B1' which would add the values from cells A1 and B1. When you press Enter after entering the formula, the result of the calculation will appear in the cell where the formula is entered.