Final answer:
To use INDEX MATCH with multiple criteria in Excel, create a formula using the INDEX function to return a value from a range, and the MATCH function to find the position based on multiple criteria by concatenating them using the '&' operator. Press Ctrl+Shift+Enter for older Excel versions to enter it as an array formula.
Step-by-step explanation:
To use INDEX MATCH with multiple criteria in Excel, you create a formula that indexes a range and matches several criteria across multiple columns. Firstly, you’ll need to use the INDEX function to return a value from a specific place in a table or range. The MATCH function is then combined with the INDEX function to locate the position of a value in a row or column.
Here's a step by step guide on how to do this:
- Identify the range that contains the data you want to lookup. This will be used in the INDEX function.
- Write the MATCH function for the first criterion. Use the '&' operator to concatenate multiple criteria.
- Nest the MATCH functions for additional criteria inside the INDEX function. Make sure to enter all of them in the same row or column.
- Press Enter, and the formula will return the value that matches all the specified criteria.
For example, you may have a formula that looks something like this:
INDEX(return_range, MATCH(1, (criteria_range1= criteria1) * (criteria_range2= criteria2), 0))
Remember to enter this as an array formula by pressing Ctrl+Shift+Enter if you're not working in Excel 365 (which handles array formulas natively).
This method allows you to lookup values based on multiple conditions in rows and columns, making it a powerful tool for data analysis in Excel.