Below is a Word Bank with terminologies, symbols, descriptions, and examples of formulas and functions commonly used in Excel:
Term/Symbol Description Example
- = Equals sign =A1 + B1
- round( ) Rounds a number to a specified number of digits =ROUND(A1, 2)
- min( ) Returns the minimum value among the specified values =MIN(A1:A10)
- max( ) Returns the maximum value among the specified values =MAX(A1:A10)
- sum( ) Adds up all the numbers in a range =SUM(A1:A10)
- average( ) Calculates the average of a range of numbers =AVERAGE(A1:A10)
So, the (Equals sign) is used to start a formula in Excel. It tells Excel that what follows is a calculation. Example is =A1 + B1 adds the values in cells A1 and B1.
The round( ) Function is used to round a number to a specified number of digits.