What is the F Distribution Function? The F.DIST Function is categorized under Excel Statistical functions. It will calculate the probability density function or the Cumulative Distribution Function for the F Distribution. It measures the degree of diversity between two data sets. For example, if we wish to find out the variability in the IQ scores…
What is the F.INV (Inverse F Distribution) Function? The F.INV Function is categorized under Excel Statistical functions. It will calculate the inverse of the Cumulative F Distribution for a supplied probability. As a financial analyst, the function is useful in understanding the variability of two data sets. One example is when we wish to analyze…
What is the F.TEST Probability Function? The F.TEST Function is categorized under Excel Statistical functions. It will return the result of an F-test for two given arrays or ranges. The function will return the two-tailed probability that the variances in the two supplied arrays are not significantly different. As a financial analyst, the function is…
What is the “Insert Data From Picture” Function? The “Insert Data From Picture” button is a function that can be found on the mobile version of Microsoft Excel. Using this function will open up the camera and allow the user to take a picture of numbers or text. This text will then be converted into spreadsheet…
What is the NPV Function? The NPV Function is an Excel Financial function that will calculate the Net Present Value (NPV) for a series of cash flows and a given discount rate. It is important to understand the Time Value of Money, which is a foundational building block of various Financial Valuation methods. In financial modeling, the NPV function…
What is the MATCH Function? The MATCH Function is categorized under Excel Lookup and Reference functions. It looks up a value in an array and returns the position of the value within the array. For example, if we wish to match the value 5 in the range A1:A4, which contains values 1,5,3,8, the function will…
How to Calculate Working Days in Excel The NETWORKDAYS Function calculates the number of workdays between two dates in Excel. When using the function, the number of weekends are automatically excluded. It also allows you to skip specified holidays and only count business days. It is categorized in Excel as a Date/Time Function. You can use…
What is the XIRR Function? The XIRR Function is categorized under Excel financial functions. It will calculate the Internal Rate of Return (IRR) for a series of cash flows that may not be periodic. It does this by assigning specific dates to each individual cash flow. The main benefit of using the XIRR Excel function…
