In this case, the only remedy is to check data for accuracy. While Excel formulas are always perfectly true, their results may be wrong because some flawed data penetrated into the system. Incorrect information leads to missed deadlines, misjudged trends, wrong decisions and lost revenues. When using Excel for data analysis, accuracy is the most vital concern.
EXCEL NOT EQUAL HOW TO
You will learn a number of formulas to compare two cells by their values, string length, or the number of occurrences of a specific character, as well as how to compare multiple cells. Thanks for reading CFI’s guide to important Excel functions! By taking the time to learn and master these functions, you’ll significantly speed up your financial analysis.The tutorial shows how to compare text strings in Excel for case-insensitive and exact match.
EXCEL NOT EQUAL DOWNLOAD
#VALUE! error – Occurs when the given argument is not a logical value or numeric value.Ĭlick here to download the sample Excel file Additional Resources.We can expand the OR function to add additional conditions if required. We added an empty string “” so if the result is FALSE, we get X, and nothing if TRUE. Using NOT and OR, we will get TRUE if the specified cell is not Red or Blue.
Here, we marked inventory that was not of specific colors, that is, which were not Red or Blue. Using the formula =IF(NOT(OR(B5=”red”,B5=”blue”)),”x”,””), we can highlight toys with the two colors: The colors are specified by the client and we can’t change them. Suppose we received an order to manufacture soft toys of Red and Blue color. In such a scenario, we can use NOT with the IF and OR function. Let’s say we wish to highlight a cell that doesn’t meet specific criteria. We can use this function with AND, XOR, and/or the OR function. In essence, this is how we use Logical functions in Excel. If there are no extra sales – that is, if C5 is blank – then the text, “No bonus”, appears.If the cell C5 is not empty, multiply the extra sales in C5 by 0.25, which gives the 25% bonus to each salesman who has made any extra sales.The formula tells Excel to do the following: The formula to be used would be =IF(NOT(ISBLANK(C5)), C5*0.25, “No bonus”), as shown below: For instance, we can combine the NOT and ISBLANK functions to create the ISNOTBLANK formula. Basically, we wish to reverse the behavior of some other functions. Suppose we need to put “no bonus” for employees. For example, if we wanted to exclude Red Blue and Slate Black, the formula would be =NOT(OR(C2=”Slate black”, C2=”Red Blue”). If we wish to test several conditions in a single formula, then we can use NOT in conjunction with the AND or OR function. To avoid the Red Blue combination, we will use the formula =NOT(C6=”Red Blue”). Suppose we don’t want the red and blue combination for soft toys. To understand the uses of this function, let us consider a few examples: Example 1 NOT is a built-in function that can be used as a worksheet function in Excel. If the given logical argument is a numeric value, zero is treated as the logical value FALSE and any other numeric value is treated as the logical value TRUE. Logical (required argument) – The argument should be a logical or numerical value.So, basically, it will always return a reverse logical value.Īs a financial analyst, the NOT function is useful when we wish to know if a specific condition was not met. If we give TRUE, it will return FALSE and when given FALSE, it will return TRUE. The function helps check if one value is not equal to another. The NOT Function is an Excel Logical function.
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