Final answer:
The calculated result of the nested IF statement =IF(A3>50,IF(B3>60,1,0),IF(A3<60,1,0)) in Excel, given that A3 is 50 and B3 is 60, is 1 because the first condition is false and the second condition is true.
Step-by-step explanation:
The question is asking to determine the result of a nested IF statement in Excel given the values in cells A3 and B3. In Excel, an IF statement evaluates a condition and returns one value if the condition is True, and another if the condition is False. The given formula is =IF(A3>50,IF(B3>60,1,0),IF(A3<60,1,0)). Here, since A3 contains 50, the first condition A3>50 is false. Therefore, we evaluate the second IF condition which is IF(A3<60,1,0). Since A3 contains 50 and 50 is less than 60, this condition is true. Therefore, the calculated result of the formula is 1.